Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
41 hedge funds and large institutions have $9.15M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
8% more funds holding
Funds holding: 38 → 41 (+3)
0.08% less ownership
Funds ownership: 7.44% → 7.36% (-0.08%)
18% less capital invested
Capital invested by funds: $11.2M → $9.15M (-$2.02M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$346K |
| 2 |
PJSIMP
P.J. Schmidt Investment Management (PJS)
Cedarburg,
Wisconsin
|
+$202K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$140K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$107K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$85.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$271K |
| 2 |
Morgan Stanley
New York
|
-$202K |
| 3 |
QWM
Quaker Wealth Management
Moorestown,
New Jersey
|
-$167K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$145K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$119K |
PFO Hedge Fund Activity: Q2 2022 in Review
41 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q2 2022, worth a combined $9.15M — down 18% from $11.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFO positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $346K. The largest seller was Raymond James & Associates, cutting an estimated $271K.
- 41 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q2 2022, up from 38 in Q1 2022.
- Funds reported $9.15M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q2 2022, down 18% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q2 2022 and 4 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q2 2022 was Private Advisor Group, an estimated $346K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q2 2022 was Raymond James & Associates, an estimated $271K sold.
Based on aggregated 13F filings for Q2 2022.