Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
29 hedge funds and large institutions have $9.89M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
6% more capital invested
Capital invested by funds: $9.36M → $9.89M (+$529K)
0.11% more ownership
Funds ownership: 7.38% → 7.49% (+0.11%)
6% less funds holding
Funds holding: 31 → 29 (-2)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$738K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$288K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$101K |
| 4 |
Morgan Stanley
New York
|
+$78.9K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$69.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$421K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$291K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$177K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$124K |
| 5 |
CCM
Covington Capital Management
Los Angeles,
California
|
-$81.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $22K | – | – | – |
|
|
RPG
27
Risk Paradigm Group
Austin,
Texas
| $13.4K | – | – | – |
|
|
FCCM
28
First City Capital Management
Savannah,
Georgia
| $6.86K | +$6.87K | +643 | New |
|
|
FAM
29
Formidable Asset Management
Cincinnati,
Ohio
| $5K | – | – | – |
|
|
WAM
30
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $5K | – | – | – |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$421K | -41,003 | Closed |
|
32
US Bancorp
Minneapolis,
Minnesota
| – | -$10K | -1,000 | Closed |
|
|
WCM
33
Windsor Capital Management
Phoenix,
Arizona
| – | -$5K | -500 | Closed |
|
|
BCM
34
Brookstone Capital Management
Wheaton,
Illinois
| – | -$2K | -200 | Closed |
|
PFO Hedge Fund Activity: Q4 2015 in Review
29 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2015, worth a combined $9.89M — up 5.7% from $9.36M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PFO and 2 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was LPL Financial, adding an estimated $738K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $421K sold.
- 29 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2015, down from 31 in Q3 2015.
- Funds reported $9.89M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2015, up 5.7% quarter-over-quarter.
- 2 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2015 and 4 closed out, a net change of -2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2015 was LPL Financial, an estimated $738K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2015 was Wolverine Asset Management, an estimated $421K sold.
Based on aggregated 13F filings for Q4 2015.