Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
31 hedge funds and large institutions have $9.6M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 0 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
24% more funds holding
Funds holding: 25 → 31 (+6)
1% more capital invested
Capital invested by funds: $9.49M → $9.6M (+$108K)
0.28% more ownership
Funds ownership: 6.66% → 6.94% (+0.28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$297K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$175K |
| 3 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
+$173K |
| 4 |
Citigroup
New York
|
+$155K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$891K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$78.8K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$75.8K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$13.4K |
| 5 |
Morgan Stanley
New York
|
-$7.07K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RPG
26
Risk Paradigm Group
Austin,
Texas
| $28K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $23K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| $23K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $22K | – | – | – |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $18K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $2K | – | – | – |
|
PFO Hedge Fund Activity: Q4 2016 in Review
31 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2016, worth a combined $9.6M — up 1.1% from $9.49M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PFO positions and 0 closed out — a net gain of 6 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was IFP Advisors, opening a new position worth an estimated $297K. The largest seller was Fifth Third Bancorp, cutting an estimated $891K.
- 31 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2016, up from 25 in Q3 2016.
- Funds reported $9.6M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2016, up 1.1% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2016 and 0 closed out, a net change of +6 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2016 was IFP Advisors, an estimated $297K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2016 was Fifth Third Bancorp, an estimated $891K sold.
Based on aggregated 13F filings for Q4 2016.