Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
40 hedge funds and large institutions have $10.7M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 39 → 40 (+1)
0.32% less ownership
Funds ownership: 7.07% → 6.76% (-0.32%)
11% less capital invested
Capital invested by funds: $12M → $10.7M (-$1.38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$193K |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$141K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$125K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$121K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
-$474K |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
-$431K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$243K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$202K |
| 5 |
LPL Financial
San Diego,
California
|
-$112K |
PFO Hedge Fund Activity: Q3 2021 in Review
40 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q3 2021, worth a combined $10.7M — down 11% from $12M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFO positions and 3 closed out — a net gain of 1 holder — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $193K. The largest seller was Newbridge Financial Services Group, exiting entirely with an estimated $474K sold.
- 40 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q3 2021, up from 39 in Q2 2021.
- Funds reported $10.7M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q3 2021, down 11% quarter-over-quarter.
- 4 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q3 2021 and 3 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q3 2021 was Wolverine Asset Management, an estimated $193K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q3 2021 was Newbridge Financial Services Group, an estimated $474K sold.
Based on aggregated 13F filings for Q3 2021.