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PFO

Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO

48 hedge funds and large institutions have $17.6M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

36% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 11

12% more capital invested

Capital invested by funds: $15.7M → $17.6M (+$1.86M)

9% more funds holding

Funds holding: 44 → 48 (+4)

1.64% more ownership

Funds ownership: 14.25% → 15.89% (+1.6%)

Holders
48
Holders Change
+4
Holders Change %
+9.09%
% of All Funds
0.69%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
15
Reduced
11
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$1.15M
2
SCM
Saba Capital Management
New York
+$1.01M
3
NWM
Napa Wealth Management
California
+$661K
4
MC
Matisse Capital
Oregon
+$306K
5
HighTower Advisors
HighTower Advisors
Illinois
+$171K

Top Sellers

Rank Fund Capital Flow
1
PI
PFG Investments
New York
-$921K
2
WAM
Wolverine Asset Management
Illinois
-$545K
3
LSC
Logan Stone Capital
Illinois
-$274K
4
Osaic Holdings
Osaic Holdings
Arizona
-$149K
5
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$140K
Name Holding Trade Value Shares
Change 		Change in
Stake
CCG
26
Catalina Capital Group
California
$151K +$148K +17,885 New
ACM
27
Arlington Capital Management
Illinois
$148K +$1.1K +133 +0.8%
PNC Financial Services Group
28
PNC Financial Services Group
Pennsylvania
$144K -$140K -16,960 -50%
AC
29
Apella Capital
Connecticut
$127K +$125K +15,066 New
OWA
30
ORBA Wealth Advisors
Illinois
$119K – – –
Commonwealth Equity Services
31
Commonwealth Equity Services
Massachusetts
$108K +$480 +58 +0.5%
Millennium Management
32
Millennium Management
New York
$106K – – –
RL
33
RPO LLC
Connecticut
$104K – – –
MFWP
34
Mosaic Family Wealth Partners
Missouri
$100K – – –
Stifel Financial
35
Stifel Financial
Missouri
$91.1K – – –
RCA
36
Resonant Capital Advisors
Wisconsin
$84.7K – – –
Nomura Holdings
37
Nomura Holdings
Japan
$84.7K +$82.8K +10,000 New
UBS Group
38
UBS Group
Switzerland
$65.6K -$2.08K -251 -3%
SAM
39
S.A. Mason
Michigan
$59.3K – – –
Northwestern Mutual Wealth Management
40
Northwestern Mutual Wealth Management
Wisconsin
$46.6K +$45.5K +5,500 New
AWM
41
Atticus Wealth Management
Florida
$22.9K +$381 +46 +2%
BBPWM
42
Blue Bell Private Wealth Management
Pennsylvania
$22K +$21.5K +2,592 New
WBC
43
West Branch Capital
Massachusetts
$18.2K +$232 +28 +1%
FDCDDQ
44
Federation des caisses Desjardins du Quebec
Quebec, Canada
$11K – – –
IAIM
45
International Assets Investment Management
Florida
$8.83K +$8.64K +1,043 New
BFEC
46
Benjamin F. Edwards & Company
Missouri
$6K – – –
Bessemer Group
47
Bessemer Group
New Jersey
$3K +$91 +11 +3%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$2K – – –
PI
49
PFG Investments
New York
– -$921K -109,160 Closed
LSC
50
Logan Stone Capital
Illinois
– -$274K -32,516 Closed
1
2
3

PFO Hedge Fund Activity: Q2 2024 in Review

48 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q2 2024, worth a combined $17.6M — up 12% from $15.7M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PFO positions and 3 closed out — a net gain of 5 holders — while 15 added to existing stakes and 11 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $1.15M. The largest seller was PFG Investments, exiting entirely with an estimated $921K sold.

  • 48 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q2 2024, up from 44 in Q1 2024.
  • Funds reported $17.6M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q2 2024, up 12% quarter-over-quarter.
  • 8 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q2 2024 and 3 closed out, a net change of +5 holders.
  • The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q2 2024 was Sit Investment Associates, an estimated $1.15M added.
  • The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q2 2024 was PFG Investments, an estimated $921K sold.

Based on aggregated 13F filings for Q2 2024.