Flaherty & Crumrine Preferred and Income Securities Fund
FFC
118 hedge funds and large institutions have $156M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2024 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
131% more capital inflows, than outflows
Capital inflows: $38.4M | Capital outflows: $16.6M
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
7% more funds holding
Funds holding: 110 → 118 (+8)
2.44% more ownership
Funds ownership: 18.5% → 20.93% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$9.03M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.38M |
| 3 |
1607 Capital Partners
Richmond,
Virginia
|
+$3.66M |
| 4 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.22M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.84M |
| 2 |
Mangrove Partners
Greenwich,
Connecticut
|
-$3.83M |
| 3 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.28M |
| 4 |
Strategies Wealth Advisors
Grand Rapids,
Michigan
|
-$973K |
| 5 |
Millennium Management
New York
|
-$760K |
FFC Hedge Fund Activity: Q4 2024 in Review
118 of the 7,616 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q4 2024, worth a combined $156M — up 7.1% from $146M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FFC positions and 8 closed out — a net gain of 11 holders — while 39 added to existing stakes and 31 trimmed.
The largest buyer was Wells Fargo, adding an estimated $9.03M. The largest seller was Morgan Stanley, cutting an estimated $4.84M.
- 118 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q4 2024, up from 110 in Q3 2024.
- Funds reported $156M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q4 2024, up 7.1% quarter-over-quarter.
- 19 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q4 2024 and 8 closed out, a net change of +11 holders.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q4 2024 was Wells Fargo, an estimated $9.03M added.
- The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q4 2024 was Morgan Stanley, an estimated $4.84M sold.
Based on aggregated 13F filings for Q4 2024.