We are live on ! Find out more
PFD

Flaherty & Crumrine Preferred and Income Fund
PFD

50 hedge funds and large institutions have $42.5M invested in Flaherty & Crumrine Preferred and Income Fund in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

2% more funds holding

Funds holding: 49 → 50 (+1)

8% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 13

0.51% more ownership

Funds ownership: 29.07% → 29.58% (+0.51%)

4% less capital invested

Capital invested by funds: $44.3M → $42.5M (-$1.75M)

Holders
50
Holders Change
+1
Holders Change %
+2.04%
% of All Funds
0.62%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
14
Reduced
13
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$1.69M
2
1CP
1607 Capital Partners
Virginia
+$267K
3
LPL Financial
LPL Financial
California
+$238K
4
BPA
Beacon Pointe Advisors
California
+$233K
5
CW
CreativeOne Wealth
Kansas
+$201K

Top Sellers

Rank Fund Capital Flow
1
Lido Advisors
Lido Advisors
California
-$804K
2
AA
AQR Arbitrage
Connecticut
-$423K
3
SAM
Smith Asset Management
Florida
-$374K
4
Calamos Advisors
Calamos Advisors
Illinois
-$361K
5
MOS
MGO One Seven
Ohio
-$234K
Name Holding Trade Value Shares
Change 		Change in
Stake
CW
26
CreativeOne Wealth
Kansas
$191K +$201K +17,100 New
DADC
27
D.A. Davidson & Co
Montana
$186K – – –
CIA
28
Capital Investment Advisors
Georgia
$178K +$38.7K +3,297 +26%
Susquehanna International Group
29
Susquehanna International Group
Pennsylvania
$174K +$183K +15,568 New
SWMP
30
Signature Wealth Management Partners
New Jersey
$160K – – –
ORC
31
O'Rourke & Company
Massachusetts
$153K +$4.96K +423 +3%
CF
32
Centaurus Financial
California
$146K – – –
Cetera Investment Advisers
33
Cetera Investment Advisers
Illinois
$130K +$458 +39 +0.3%
BlackRock
34
BlackRock
New York
$129K – – –
KAS
35
Kestra Advisory Services
Texas
$128K +$134K +11,453 New
Wealth Enhancement Advisory Services
36
Wealth Enhancement Advisory Services
Minnesota
$124K – – –
Rockefeller Capital Management
37
Rockefeller Capital Management
New York
$116K +$1.49K +127 +1%
Fifth Third Bancorp
38
Fifth Third Bancorp
Ohio
$98.5K +$103K +8,806 New
NWMP
39
Noble Wealth Management PBC
Colorado
$71K +$11.1K +950 +18%
SIS
40
Sound Income Strategies
Florida
$70K -$4.52K -385 -6%
FFA
41
Farther Finance Advisors
California
$44.1K – – –
WA
42
Whipplewood Advisors
Colorado
$40.7K +$12 +1 +0%
SPIA
43
Steward Partners Investment Advisory
New York
$39.5K +$35.6K +3,030 +606%
WB
44
Webster Bank
Connecticut
$22.4K – – –
AF
45
Allworth Financial
California
$16K – – –
GWM
46
Geneos Wealth Management
Colorado
$4.03K – – –
US Bancorp
47
US Bancorp
Minnesota
$3.35K – – –
HWP
48
Highline Wealth Partners
California
$2.79K +$2.93K +250 New
BTI
49
Blue Trust Inc
Georgia
$2.24K – – –
CS
50
Clear Street
New York
$794 +$833 +71 New
1
2
3

PFD Hedge Fund Activity: Q1 2026 in Review

50 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q1 2026, worth a combined $42.5M — down 4% from $44.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PFD positions and 5 closed out — a net gain of 3 holders — while 14 added to existing stakes and 13 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $1.69M. The largest seller was Lido Advisors, exiting entirely with an estimated $804K sold.

  • 50 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q1 2026, up from 49 in Q4 2025.
  • Funds reported $42.5M of Flaherty & Crumrine Preferred and Income Fund stock for Q1 2026, down 4% quarter-over-quarter.
  • 8 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q1 2026 and 5 closed out, a net change of +3 holders.
  • The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q1 2026 was Sit Investment Associates, an estimated $1.69M added.
  • The largest Flaherty & Crumrine Preferred and Income Fund seller in Q1 2026 was Lido Advisors, an estimated $804K sold.

Based on aggregated 13F filings for Q1 2026.