We are live on ! Find out more
PFD

Flaherty & Crumrine Preferred and Income Fund
PFD

48 hedge funds and large institutions have $31M invested in Flaherty & Crumrine Preferred and Income Fund in 2024 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

7% more funds holding

Funds holding: 45 → 48 (+3)

1.91% more ownership

Funds ownership: 19.53% → 21.44% (+1.9%)

3% more capital invested

Capital invested by funds: $30M → $31M (+$1.01M)

50% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 14

Holders
48
Holders Change
+3
Holders Change %
+6.67%
% of All Funds
0.63%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
12
Increased
7
Reduced
14
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
UB
UMB Bank
Missouri
+$996K
2
Lido Advisors
Lido Advisors
California
+$817K
3
SIA
Sit Investment Associates
Minnesota
+$436K
4
SA
SFI Advisors
New Jersey
+$396K
5
Stifel Financial
Stifel Financial
Missouri
+$315K

Top Sellers

Rank Fund Capital Flow
1
CSPIA
Cary Street Partners Investment Advisory
Virginia
-$406K
2
LCM
Landscape Capital Management
New Jersey
-$256K
3
AA
AQR Arbitrage
Connecticut
-$209K
4
UBS Group
UBS Group
Switzerland
-$204K
5
CFG
Cooper Financial Group
California
-$187K
Name Holding Trade Value Shares
Change 		Change in
Stake
DADC
26
D.A. Davidson & Co
Montana
$194K – – –
PFA
27
Pathway Financial Advisors
Vermont
$187K -$3.38K -293 -2%
PFC
28
Poplar Forest Capital
California
$173K – – –
CF
29
Centaurus Financial
California
$147K – – –
Wealth Enhancement Advisory Services
30
Wealth Enhancement Advisory Services
Minnesota
$136K – – –
BlackRock
31
BlackRock
New York
$130K +$133K +11,533 New
Susquehanna International Group
32
Susquehanna International Group
Pennsylvania
$123K -$63.9K -5,541 -34%
Cetera Investment Advisers
33
Cetera Investment Advisers
Illinois
$121K +$3.85K +334 +3%
BFF
34
Byrne Financial Freedom
Massachusetts
$119K +$122K +10,600 New
FNT
35
First National Trust
Pennsylvania
$118K – – –
EIP
36
Ellis Investment Partners
Pennsylvania
$115K -$2.33K -202 -2%
Comerica Bank
37
Comerica Bank
Texas
$97.2K -$29.1K -2,527 -23%
PFA
38
Pathway Financial Advisers
Indiana
$97K +$34.3K +2,974 +89%
MFA
39
McClarren Financial Advisors
Pennsylvania
$39K +$40.5K +3,510 New
NWMP
40
Noble Wealth Management PBC
Colorado
$31.2K +$32.1K +2,780 New
AF
41
Allworth Financial
California
$16.2K +$16.5K +1,433 New
GWSG
42
GPS Wealth Strategies Group
Colorado
$14.1K – – –
SPIA
43
Steward Partners Investment Advisory
New York
$8.43K – – –
GWM
44
Geneos Wealth Management
Colorado
$4.05K – – –
US Bancorp
45
US Bancorp
Minnesota
$3.37K – – –
WWP
46
WR Wealth Planners
Missouri
$3.27K – – –
BTI
47
Blue Trust Inc
Georgia
$2.25K – – –
CIA
48
Cape Investment Advisory
Georgia
$2.25K – – –
CSPIA
49
Cary Street Partners Investment Advisory
Virginia
– -$406K -34,000 Closed
LCM
50
Landscape Capital Management
New Jersey
– -$256K -21,384 Closed
1
2
3

PFD Hedge Fund Activity: Q4 2024 in Review

48 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q4 2024, worth a combined $31M — up 3.4% from $30M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new PFD positions and 6 closed out — a net gain of 6 holders — while 7 added to existing stakes and 14 trimmed.

The largest buyer was UMB Bank, opening a new position worth an estimated $996K. The largest seller was Cary Street Partners Investment Advisory, exiting entirely with an estimated $406K sold.

  • 48 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q4 2024, up from 45 in Q3 2024.
  • Funds reported $31M of Flaherty & Crumrine Preferred and Income Fund stock for Q4 2024, up 3.4% quarter-over-quarter.
  • 12 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q4 2024 and 6 closed out, a net change of +6 holders.
  • The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q4 2024 was UMB Bank, an estimated $996K added.
  • The largest Flaherty & Crumrine Preferred and Income Fund seller in Q4 2024 was Cary Street Partners Investment Advisory, an estimated $406K sold.

Based on aggregated 13F filings for Q4 2024.