Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
39 hedge funds and large institutions have $12M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
24% more capital invested
Capital invested by funds: $9.68M → $12M (+$2.34M)
3% more funds holding
Funds holding: 38 → 39 (+1)
0.09% more ownership
Funds ownership: 7.16% → 7.25% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$541K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$213K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$147K |
| 4 |
CSIC
Clifford Swan Investment Counsel
Pasadena,
California
|
+$137K |
| 5 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
+$50.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$215K |
| 2 |
LF
Lee Financial
Dallas,
Texas
|
-$158K |
| 3 |
Citigroup
New York
|
-$102K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$58.2K |
| 5 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
-$57.2K |
PFO Hedge Fund Activity: Q4 2020 in Review
39 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2020, worth a combined $12M — up 24% from $9.68M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PFO positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $541K. The largest seller was Fifth Third Bancorp, cutting an estimated $215K.
- 39 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2020, up from 38 in Q3 2020.
- Funds reported $12M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2020, up 24% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2020 and 3 closed out, a net change of +2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2020 was Cetera Investment Advisers, an estimated $541K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2020 was Fifth Third Bancorp, an estimated $215K sold.
Based on aggregated 13F filings for Q4 2020.