We are live on ! Find out more
FFC

Flaherty & Crumrine Preferred and Income Securities Fund
FFC

110 hedge funds and large institutions have $146M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2024 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 24 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 24

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

9% more capital invested

Capital invested by funds: $134M → $146M (+$11.6M)

2% more funds holding

Funds holding: 108 → 110 (+2)

0.15% more ownership

Funds ownership: 18.92% → 19.07% (+0.15%)

Holders
110
Holders Change
+2
Holders Change %
+1.85%
% of All Funds
1.58%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
19
Increased
43
Reduced
24
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
IAIM
International Assets Investment Management
Florida
+$4.24M
2
TJHA
Thomas J. Herzfeld Advisors
Florida
+$3.53M
3
Stifel Financial
Stifel Financial
Missouri
+$1.73M
4
Cohen & Steers
Cohen & Steers
New York
+$1.34M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.07M

Top Sellers

1
PCM
Penserra Capital Management
California
-$11.3M
2
MP
Mangrove Partners
Connecticut
-$2.44M
3
LCM
Landscape Capital Management
New Jersey
-$2.4M
4
AA
AQR Arbitrage
Connecticut
-$966K
5
FSI
Flow State Investments
Illinois
-$547K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$15.8M +$996K +64,553 +7%
Invesco
2
Invesco
Georgia
$10.5M -$202K -13,125 -2%
MP
3
Mangrove Partners
Connecticut
$8.24M -$2.44M -158,363 -24%
Cohen & Steers
4
Cohen & Steers
New York
$8.18M +$1.34M +87,106 +21%
AA
5
AQR Arbitrage
Connecticut
$7.95M -$966K -62,625 -11%
Bank of America
6
Bank of America
North Carolina
$7.36M -$52.8K -3,423 -0.8%
LPL Financial
7
LPL Financial
California
$5.24M +$92.6K +6,003 +2%
Wells Fargo
8
Wells Fargo
California
$5.03M +$500K +32,382 +12%
Ameriprise
9
Ameriprise
Minnesota
$4.58M +$83.9K +5,441 +2%
CAG
10
Csenge Advisory Group
Florida
$4.07M -$166K -10,738 -4%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$3.93M +$1.07M +69,668 +41%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$3.78M -$425K -27,545 -11%
TJHA
13
Thomas J. Herzfeld Advisors
Florida
$3.76M +$3.53M +229,127 New
RJA
14
Raymond James & Associates
Florida
$2.73M +$186K +12,062 +8%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$2.62M +$239K +15,495 +11%
GP
16
Gridiron Partners
Pennsylvania
$2.43M – – –
Stifel Financial
17
Stifel Financial
Missouri
$2.24M +$1.73M +112,386 +461%
ECA
18
Elevated Capital Advisors
Utah
$2.23M -$24.1K -1,564 -1%
TFF
19
The Family Firm
Maryland
$2.08M +$9.26K +600 +0.5%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$2.03M -$119K -7,719 -6%
SFS
21
Sowell Financial Services
Arkansas
$2.01M -$59.3K -3,841 -3%
HWAM
22
Hennion & Walsh Asset Management
New Jersey
$1.98M +$474K +30,723 +34%
Baird Financial Group
23
Baird Financial Group
Wisconsin
$1.87M +$882K +57,192 +101%
UBS Group
24
UBS Group
Switzerland
$1.71M -$7.42K -481 -0.5%
Focus Partners Wealth
25
Focus Partners Wealth
Massachusetts
$1.48M -$45.5K -2,950 -3%
1
2 3 4 5

FFC Hedge Fund Activity: Q3 2024 in Review

110 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q3 2024, worth a combined $146M — up 8.6% from $134M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FFC positions and 16 closed out — a net gain of 3 holders — while 43 added to existing stakes and 24 trimmed.

The largest buyer was International Assets Investment Management, adding an estimated $4.24M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $11.3M sold.

  • 110 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q3 2024, up from 108 in Q2 2024.
  • Funds reported $146M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q3 2024, up 8.6% quarter-over-quarter.
  • 19 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q3 2024 and 16 closed out, a net change of +3 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $4.24M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q3 2024 was Penserra Capital Management, an estimated $11.3M sold.

Based on aggregated 13F filings for Q3 2024.