Flaherty & Crumrine Preferred and Income Fund
PFD
19 hedge funds and large institutions have $4.06M invested in Flaherty & Crumrine Preferred and Income Fund in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.37% less ownership
Funds ownership: 2.8% → 2.42% (-0.37%)
6% less capital invested
Capital invested by funds: $4.34M → $4.06M (-$277K)
14% less funds holding
Funds holding: 22 → 19 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$83.8K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$12.1K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$11.3K |
| 4 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
+$7.54K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.43K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$233K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$143K |
| 3 |
Morgan Stanley
New York
|
-$111K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$60.9K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$57.9K |
PFD Hedge Fund Activity: Q1 2015 in Review
19 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q1 2015, worth a combined $4.06M — down 6.4% from $4.34M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PFD and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was LPL Financial, adding an estimated $83.8K. The largest seller was Jane Street, exiting entirely with an estimated $233K sold.
- 19 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q1 2015, down from 22 in Q4 2014.
- Funds reported $4.06M of Flaherty & Crumrine Preferred and Income Fund stock for Q1 2015, down 6.4% quarter-over-quarter.
- 1 fund opened new Flaherty & Crumrine Preferred and Income Fund positions in Q1 2015 and 4 closed out, a net change of -3 holders.
- The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q1 2015 was LPL Financial, an estimated $83.8K added.
- The largest Flaherty & Crumrine Preferred and Income Fund seller in Q1 2015 was Jane Street, an estimated $233K sold.
Based on aggregated 13F filings for Q1 2015.