Flaherty & Crumrine Preferred and Income Fund
PFD
44 hedge funds and large institutions have $16.3M invested in Flaherty & Crumrine Preferred and Income Fund in 2021 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 7 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
18% more capital invested
Capital invested by funds: $13.9M → $16.3M (+$2.46M)
5% more funds holding
Funds holding: 42 → 44 (+2)
0.48% more ownership
Funds ownership: 7.79% → 8.27% (+0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.37M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$287K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$168K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$167K |
| 5 |
LPL Financial
San Diego,
California
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$342K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$261K |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$169K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$110K |
| 5 |
WLPWM
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
|
-$98K |
PFD Hedge Fund Activity: Q4 2021 in Review
44 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q4 2021, worth a combined $16.3M — up 18% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PFD positions and 7 closed out — a net gain of 3 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $1.37M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $342K sold.
- 44 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q4 2021, up from 42 in Q3 2021.
- Funds reported $16.3M of Flaherty & Crumrine Preferred and Income Fund stock for Q4 2021, up 18% quarter-over-quarter.
- 10 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q4 2021 and 7 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q4 2021 was Invesco, an estimated $1.37M added.
- The largest Flaherty & Crumrine Preferred and Income Fund seller in Q4 2021 was Wolverine Asset Management, an estimated $342K sold.
Based on aggregated 13F filings for Q4 2021.