Flaherty & Crumrine Preferred and Income Fund
PFD
29 hedge funds and large institutions have $9.73M invested in Flaherty & Crumrine Preferred and Income Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
17% more capital invested
Capital invested by funds: $8.33M → $9.73M (+$1.4M)
12% more funds holding
Funds holding: 26 → 29 (+3)
1.04% more ownership
Funds ownership: 4.76% → 5.8% (+1%)
Top Buyers
Top Sellers
| 1 |
Wells Fargo
San Francisco,
California
|
-$137K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$54.2K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$13.2K |
| 4 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$10.5K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$8.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $9K | – | – | – |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $8.86K | -$10.5K | -699 | -54% |
|
28
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $3K | +$3K | +200 | New |
|
|
MFW
29
Mosaic Family Wealth
St. Louis,
Missouri
| $2K | +$1.88K | +125 | New |
|
|
PCM
30
Penserra Capital Management
Orinda,
California
| – | -$4K | -289 | Closed |
|
PFD Hedge Fund Activity: Q3 2017 in Review
29 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q3 2017, worth a combined $9.73M — up 17% from $8.33M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFD positions and 1 closed out — a net gain of 3 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $571K. The largest seller was Wells Fargo, cutting an estimated $137K.
- 29 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q3 2017, up from 26 in Q2 2017.
- Funds reported $9.73M of Flaherty & Crumrine Preferred and Income Fund stock for Q3 2017, up 17% quarter-over-quarter.
- 4 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q3 2017 and 1 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q3 2017 was Robinson Capital Management, an estimated $571K added.
- The largest Flaherty & Crumrine Preferred and Income Fund seller in Q3 2017 was Wells Fargo, an estimated $137K sold.
Based on aggregated 13F filings for Q3 2017.