Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
43 hedge funds and large institutions have $8.08M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
2% more funds holding
Funds holding: 42 → 43 (+1)
0.54% less ownership
Funds ownership: 8.79% → 8.25% (-0.54%)
18% less capital invested
Capital invested by funds: $9.84M → $8.08M (-$1.76M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$235K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$126K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$105K |
| 4 |
MSCM
McElhenny Sheffield Capital Management
Dallas,
Texas
|
+$83K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$79.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$426K |
| 2 |
Morgan Stanley
New York
|
-$164K |
| 3 |
FMN
Financial Management Network
Mission Viejo,
California
|
-$149K |
| 4 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
-$107K |
| 5 |
PCM
Poehling Capital Management
Madison,
Wisconsin
|
-$86K |
PFO Hedge Fund Activity: Q4 2022 in Review
43 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2022, worth a combined $8.08M — down 18% from $9.84M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PFO positions and 5 closed out — a net gain of 3 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Logan Stone Capital, opening a new position worth an estimated $235K. The largest seller was Truist Financial, exiting entirely with an estimated $426K sold.
- 43 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2022, up from 42 in Q3 2022.
- Funds reported $8.08M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2022, down 18% quarter-over-quarter.
- 8 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2022 and 5 closed out, a net change of +3 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2022 was Logan Stone Capital, an estimated $235K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2022 was Truist Financial, an estimated $426K sold.
Based on aggregated 13F filings for Q4 2022.