Flaherty & Crumrine Preferred and Income Fund
PFD
20 hedge funds and large institutions have $3.66M invested in Flaherty & Crumrine Preferred and Income Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
5% more funds holding
Funds holding: 19 → 20 (+1)
0.01% more ownership
Funds ownership: 2.42% → 2.43% (+0.01%)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
10% less capital invested
Capital invested by funds: $4.06M → $3.66M (-$403K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$93.7K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$32.3K |
| 3 |
FCCM
First City Capital Management
Savannah,
Georgia
|
+$9.69K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.43K |
| 5 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
+$2.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$42.7K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$30K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.2K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$12.1K |
| 5 |
AIG
American International Group
New York
|
-$9.78K |
PFD Hedge Fund Activity: Q2 2015 in Review
20 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q2 2015, worth a combined $3.66M — down 9.9% from $4.06M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PFD positions and 1 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $93.7K. The largest seller was LPL Financial, cutting an estimated $42.7K.
- 20 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q2 2015, up from 19 in Q1 2015.
- Funds reported $3.66M of Flaherty & Crumrine Preferred and Income Fund stock for Q2 2015, down 9.9% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q2 2015 and 1 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q2 2015 was Private Advisor Group, an estimated $93.7K added.
- The largest Flaherty & Crumrine Preferred and Income Fund seller in Q2 2015 was LPL Financial, an estimated $42.7K sold.
Based on aggregated 13F filings for Q2 2015.