Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
34 hedge funds and large institutions have $9.36M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2020 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 2 closing their positions.
1% more capital invested
Capital invested by funds: $9.26M → $9.36M (+$92.9K)
0.74% less ownership
Funds ownership: 7.4% → 6.66% (-0.74%)
6% less funds holding
Funds holding: 36 → 34 (-2)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$101K |
| 2 |
LPL Financial
San Diego,
California
|
+$61.6K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$33.2K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$9.8K |
| 5 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$7.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$394K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$353K |
| 3 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
-$200K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$81.3K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$60.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
26
Advisornet Financial
Minnetonka,
Minnesota
| $81K | – | – | – |
|
|
SAM
27
S.A. Mason
Holland,
Michigan
| $78K | – | – | – |
|
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $70K | -$60.9K | -5,507 | -47% |
|
29
Bank of America
Charlotte,
North Carolina
| $49K | -$918 | -83 | -2% |
|
|
APA
30
American Portfolios Advisors
Holbrook,
New York
| $22.2K | +$7.69K | +695 | +53% |
|
|
CAN
31
Cetera Advisor Networks
El Segundo,
California
| $20K | -$353K | -31,900 | -95% |
|
|
FDCDDQ
32
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $14.5K | – | – | – |
|
|
FCM
33
Firestone Capital Management
Coral Gables,
Florida
| $11K | – | – | – |
|
|
GWM
34
Geneos Wealth Management
Englewood,
Colorado
| $9K | – | – | – |
|
|
FAAS
35
First Allied Advisory Services
San Diego,
California
| – | -$394K | -39,824 | Closed |
|
|
AIC
36
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$9K | -888 | Closed |
|
PFO Hedge Fund Activity: Q2 2020 in Review
34 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q2 2020, worth a combined $9.36M — up 1% from $9.26M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PFO and 0 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Private Advisor Group, adding an estimated $101K. The largest seller was First Allied Advisory Services, exiting entirely with an estimated $394K sold.
- 34 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q2 2020, down from 36 in Q1 2020.
- Funds reported $9.36M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q2 2020, up 1% quarter-over-quarter.
- 0 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q2 2020 and 2 closed out, a net change of -2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q2 2020 was Private Advisor Group, an estimated $101K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q2 2020 was First Allied Advisory Services, an estimated $394K sold.
Based on aggregated 13F filings for Q2 2020.