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PFD

Flaherty & Crumrine Preferred and Income Fund

37 hedge funds and large institutions have $13M invested in Flaherty & Crumrine Preferred and Income Fund in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 5

1.54% more ownership

Funds ownership: 8.37%9.91% (+1.5%)

0% more capital invested

Capital invested by funds: $13M → $13M (+$38.8K)

0% more funds holding

Funds holding: 3737 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

Holders
37
Holders Change
Holders Change %
0%
% of All Funds
0.64%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
17
Reduced
5
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$2.47M +$98.4K +8,051 +4%
Invesco
2
Invesco
Georgia
$1.29M +$356K +29,117 +31%
Osaic Holdings
3
Osaic Holdings
Arizona
$1.09M +$501K +40,997 +66%
UBS Group
4
UBS Group
Switzerland
$1.08M +$173K +14,134 +16%
CF
5
Centaurus Financial
California
$1.03M +$114K +9,359 +11%
PWS
6
Private Wealth Strategies
Ohio
$654K +$13.8K +1,128 +2%
Wells Fargo
7
Wells Fargo
California
$648K +$602K +49,225 +413%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$643K +$103K +8,431 +16%
SA
9
SFI Advisors
New Jersey
$434K +$8.83K +722 +2%
DADC
10
D.A. Davidson & Co
Montana
$411K +$65.3K +5,342 +16%
LPL Financial
11
LPL Financial
California
$404K +$18.5K +1,512 +4%
Bank of America
12
Bank of America
North Carolina
$397K +$138K +11,277 +43%
PWPS
13
Pinnacle Wealth Planning Services
Ohio
$297K
WS
14
Wedbush Securities
California
$238K +$39.2K +3,207 +17%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$225K +$10.1K +829 +4%
RJA
16
Raymond James & Associates
Florida
$191K -$24.1K -1,969 -10%
NA
17
NewEdge Advisors
Louisiana
$176K +$28.5K +2,330 +16%
CCM
18
Covington Capital Management
California
$158K
SWMP
19
Signature Wealth Management Partners
New Jersey
$152K
GC
20
Guggenheim Capital
Illinois
$151K -$2.79K -228 -2%
CAN
21
Cetera Advisor Networks
California
$146K +$171 +14 +0.1%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$121K +$139K +11,390 New
Cetera Investment Advisers
23
Cetera Investment Advisers
Illinois
$108K
Creative Planning
24
Creative Planning
Kansas
$107K +$123K +10,082 New
WWM
25
Western Wealth Management
Colorado
$105K -$35.2K -2,880 -22%

PFD Hedge Fund Activity: Q3 2022 in Review

37 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Fund (PFD) for Q3 2022, worth a combined $13M — up 0.3% from $13M a quarter earlier.

Fund positioning in PFD was balanced in Q3 2022: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 5 trimmed.

The largest buyer was Wells Fargo, adding an estimated $602K. The largest seller was Abacus Planning Group, exiting entirely with an estimated $138K sold.

  • 37 institutional investors held Flaherty & Crumrine Preferred and Income Fund (PFD) as of Q3 2022, unchanged from Q2 2022.
  • Funds reported $13M of Flaherty & Crumrine Preferred and Income Fund stock for Q3 2022, up 0.3% quarter-over-quarter.
  • 4 funds opened new Flaherty & Crumrine Preferred and Income Fund positions in Q3 2022 and 4 closed out, a net change of 0 holders.
  • The largest Flaherty & Crumrine Preferred and Income Fund buyer in Q3 2022 was Wells Fargo, an estimated $602K added.
  • The largest Flaherty & Crumrine Preferred and Income Fund seller in Q3 2022 was Abacus Planning Group, an estimated $138K sold.

Based on aggregated 13F filings for Q3 2022.