Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
27 hedge funds and large institutions have $11.9M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
13% more funds holding
Funds holding: 24 → 27 (+3)
0.5% less ownership
Funds ownership: 8.83% → 8.34% (-0.5%)
3% less capital invested
Capital invested by funds: $12.3M → $11.9M (-$427K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$373K |
| 2 |
Morgan Stanley
New York
|
+$221K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$121K |
| 4 |
LPL Financial
San Diego,
California
|
+$93.6K |
| 5 |
MAS
Madden Advisory Services
Jacksonville,
Florida
|
+$70.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.53M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$55.2K |
| 3 |
SI
SII Investments
Appleton,
Wisconsin
|
-$41.8K |
| 4 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
-$36K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$15.6K |
PFO Hedge Fund Activity: Q2 2014 in Review
27 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q2 2014, worth a combined $11.9M — down 3.5% from $12.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFO positions and 1 closed out — a net gain of 3 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $373K. The largest seller was Sit Investment Associates, cutting an estimated $1.53M.
- 27 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q2 2014, up from 24 in Q1 2014.
- Funds reported $11.9M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q2 2014, down 3.5% quarter-over-quarter.
- 4 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q2 2014 and 1 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q2 2014 was Wells Fargo, an estimated $373K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q2 2014 was Sit Investment Associates, an estimated $1.53M sold.
Based on aggregated 13F filings for Q2 2014.