Flaherty & Crumrine Preferred and Income Fund
PFD
44 hedge funds and large institutions have $14.5M invested in Flaherty & Crumrine Preferred and Income Fund in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0.45% more ownership
Funds ownership: 8.27% → 8.73% (+0.45%)
0% more funds holding
Funds holding: 44 → 44 (0)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
11% less capital invested
Capital invested by funds: $16.3M → $14.5M (-$1.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
+$1.05M |
| 2 |
SA
SFI Advisors
Montclair,
New Jersey
|
+$514K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$386K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$337K |
| 5 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWS
Private Wealth Strategies
New Albany,
Ohio
|
-$450K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$238K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$223K |
| 4 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$221K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
51
Costello Asset Management
Feasterville,
Pennsylvania
| – | -$10K | -553 | Closed |
|
|
CA
52
CoreCap Advisors
Southfield,
Michigan
| – | -$4K | -250 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
PFD Hedge Fund Activity: Q1 2022 in Review
44 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q1 2022, worth a combined $14.5M — down 11% from $16.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PFD positions and 9 closed out — a net gain of 1 holder — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Centaurus Financial, adding an estimated $1.05M. The largest seller was Private Wealth Strategies, cutting an estimated $450K.
- 44 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $14.5M of Flaherty & Crumrine Preferred and Income Fund stock for Q1 2022, down 11% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q1 2022 and 9 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q1 2022 was Centaurus Financial, an estimated $1.05M added.
- The largest Flaherty & Crumrine Preferred and Income Fund seller in Q1 2022 was Private Wealth Strategies, an estimated $450K sold.
Based on aggregated 13F filings for Q1 2022.