Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
50 hedge funds and large institutions have $37.3M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2026 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 8 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
2.8% less ownership
Funds ownership: 33.72% → 30.92% (-2.8%)
4% less funds holding
Funds holding: 52 → 50 (-2)
6% less capital invested
Capital invested by funds: $39.9M → $37.3M (-$2.53M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.84M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$528K |
| 3 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$458K |
| 4 |
TCM
Traub Capital Management
Needham,
Massachusetts
|
+$154K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.17M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.56M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.12M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$200K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$167K |
PFO Hedge Fund Activity: Q2 2026 in Review
50 of the 8,317 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q2 2026, worth a combined $37.3M — down 6.3% from $39.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PFO and 7 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 18 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.84M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $3.17M sold.
- 50 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q2 2026, down from 52 in Q1 2026.
- Funds reported $37.3M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q2 2026, down 6.3% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q2 2026 and 8 closed out, a net change of -1 holder.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q2 2026 was Sit Investment Associates, an estimated $1.84M added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q2 2026 was Advisors Asset Management, an estimated $3.17M sold.
Based on aggregated 13F filings for Q2 2026.