Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
31 hedge funds and large institutions have $9.36M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
19% more funds holding
Funds holding: 26 → 31 (+5)
7% more capital invested
Capital invested by funds: $8.77M → $9.36M (+$592K)
0.71% more ownership
Funds ownership: 6.68% → 7.38% (+0.71%)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$493K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$326K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$283K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$218K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$200K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$165K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$148K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$122K |
| 5 |
LPL Financial
San Diego,
California
|
-$36.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $21K | – | – | – |
|
|
RPG
27
Risk Paradigm Group
Austin,
Texas
| $12.9K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $10K | +$10.4K | +1,000 | New |
|
|
FAM
29
Formidable Asset Management
Cincinnati,
Ohio
| $5K | – | – | – |
|
|
WCM
30
Windsor Capital Management
Phoenix,
Arizona
| $5K | +$5.22K | +500 | New |
|
|
BCM
31
Brookstone Capital Management
Wheaton,
Illinois
| $2K | – | – | – |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$148K | -13,892 | Closed |
|
|
TC
33
TFS Capital
West Chester,
Pennsylvania
| – | -$122K | -11,506 | Closed |
|
PFO Hedge Fund Activity: Q3 2015 in Review
31 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q3 2015, worth a combined $9.36M — up 6.7% from $8.77M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFO positions and 2 closed out — a net gain of 5 holders — while 4 added to existing stakes and 9 trimmed.
The largest buyer was First Foundation Advisors, opening a new position worth an estimated $493K. The largest seller was Morgan Stanley, cutting an estimated $200K.
- 31 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q3 2015, up from 26 in Q2 2015.
- Funds reported $9.36M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q3 2015, up 6.7% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q3 2015 and 2 closed out, a net change of +5 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q3 2015 was First Foundation Advisors, an estimated $493K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q3 2015 was Morgan Stanley, an estimated $200K sold.
Based on aggregated 13F filings for Q3 2015.