Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
27 hedge funds and large institutions have $9.85M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0.97% less ownership
Funds ownership: 8.34% → 7.37% (-0.97%)
17% less capital invested
Capital invested by funds: $11.9M → $9.85M (-$2.05M)
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$197K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$83.6K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$50.1K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$145 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$838K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$294K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$171K |
| 4 |
Morgan Stanley
New York
|
-$140K |
| 5 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
-$95.8K |
PFO Hedge Fund Activity: Q3 2014 in Review
27 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q3 2014, worth a combined $9.85M — down 17% from $11.9M a quarter earlier.
Fund positioning in PFO was balanced in Q3 2014: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 11 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $197K. The largest seller was Wells Fargo, cutting an estimated $838K.
- 27 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $9.85M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q3 2014, down 17% quarter-over-quarter.
- 1 fund opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q3 2014 and 1 closed out, a net change of 0 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q3 2014 was Wolverine Asset Management, an estimated $197K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q3 2014 was Wells Fargo, an estimated $838K sold.
Based on aggregated 13F filings for Q3 2014.