Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
26 hedge funds and large institutions have $8.77M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
24% more funds holding
Funds holding: 21 → 26 (+5)
0.08% more ownership
Funds ownership: 6.59% → 6.68% (+0.08%)
11% less capital invested
Capital invested by funds: $9.9M → $8.77M (-$1.13M)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$572K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$241K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$166K |
| 4 |
LPL Financial
San Diego,
California
|
+$147K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$680K |
| 2 |
Morgan Stanley
New York
|
-$393K |
| 3 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$67K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$49K |
| 5 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
-$37.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Brookstone Capital Management
Wheaton,
Illinois
| $2K | +$2.4K | +200 | New |
|
|
27
Creative Planning
Overland Park,
Kansas
| – | -$49K | -4,034 | Closed |
|
PFO Hedge Fund Activity: Q2 2015 in Review
26 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q2 2015, worth a combined $8.77M — down 11% from $9.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PFO positions and 1 closed out — a net gain of 5 holders — while 3 added to existing stakes and 8 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $572K. The largest seller was Wells Fargo, cutting an estimated $680K.
- 26 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q2 2015, up from 21 in Q1 2015.
- Funds reported $8.77M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q2 2015, down 11% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q2 2015 and 1 closed out, a net change of +5 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q2 2015 was Curi RMB Capital, an estimated $572K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q2 2015 was Wells Fargo, an estimated $680K sold.
Based on aggregated 13F filings for Q2 2015.