Flaherty & Crumrine Preferred and Income Fund
PFD
42 hedge funds and large institutions have $20.8M invested in Flaherty & Crumrine Preferred and Income Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 4 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0.15% more ownership
Funds ownership: 10.24% → 10.39% (+0.15%)
0% more funds holding
Funds holding: 42 → 42 (0)
5% less capital invested
Capital invested by funds: $21.8M → $20.8M (-$1.05M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWMP
Signature Wealth Management Partners
Montvale,
New Jersey
|
+$264K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$250K |
| 3 |
QWM
Quaker Wealth Management
Moorestown,
New Jersey
|
+$249K |
| 4 |
MFA
McClarren Financial Advisors
State College,
Pennsylvania
|
+$148K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$550K |
| 2 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$227K |
| 3 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
-$89.4K |
| 4 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
-$66.3K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$45.1K |
PFD Hedge Fund Activity: Q1 2021 in Review
42 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q1 2021, worth a combined $20.8M — down 4.8% from $21.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PFD positions and 4 closed out — a net gain of 1 holder — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Signature Wealth Management Partners, opening a new position worth an estimated $264K. The largest seller was Wells Fargo, cutting an estimated $550K.
- 42 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $20.8M of Flaherty & Crumrine Preferred and Income Fund stock for Q1 2021, down 4.8% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q1 2021 and 4 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q1 2021 was Signature Wealth Management Partners, an estimated $264K added.
- The largest Flaherty & Crumrine Preferred and Income Fund seller in Q1 2021 was Wells Fargo, an estimated $550K sold.
Based on aggregated 13F filings for Q1 2021.