Flaherty & Crumrine Preferred and Income Fund
PFD
42 hedge funds and large institutions have $21.8M invested in Flaherty & Crumrine Preferred and Income Fund in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 0 closing their positions.
62% more capital invested
Capital invested by funds: $13.5M → $21.8M (+$8.32M)
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
31% more funds holding
Funds holding: 32 → 42 (+10)
2.96% more ownership
Funds ownership: 7.27% → 10.24% (+3%)
Top Buyers
Top Sellers
PFD Hedge Fund Activity: Q4 2020 in Review
42 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q4 2020, worth a combined $21.8M — up 62% from $13.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFD positions and 0 closed out — a net gain of 11 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $5.93M. The largest seller was Morgan Stanley, cutting an estimated $1.35M.
- 42 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q4 2020, up from 32 in Q3 2020.
- Funds reported $21.8M of Flaherty & Crumrine Preferred and Income Fund stock for Q4 2020, up 62% quarter-over-quarter.
- 11 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q4 2020 and 0 closed out, a net change of +11 holders.
- The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q4 2020 was Bank of America, an estimated $5.93M added.
- The largest Flaherty & Crumrine Preferred and Income Fund seller in Q4 2020 was Morgan Stanley, an estimated $1.35M sold.
Based on aggregated 13F filings for Q4 2020.