Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
44 hedge funds and large institutions have $26.9M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2024 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 9 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
14% more capital invested
Capital invested by funds: $23.7M → $26.9M (+$3.23M)
3.5% more ownership
Funds ownership: 19.33% → 22.83% (+3.5%)
6% less funds holding
Funds holding: 47 → 44 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.31M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.12M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$720K |
| 4 |
EMCIP
Ewing Morris & Co Investment Partners
Toronto,
Ontario, Canada
|
+$698K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$450K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$358K |
| 3 |
NWM
Napa Wealth Management
Napa,
California
|
-$319K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$295K |
| 5 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
-$268K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Stifel Financial
St. Louis,
Missouri
| – | -$101K | -10,760 | Closed |
|
|
BBPWM
52
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$34.5K | -3,668 | Closed |
|
|
AWM
53
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$25.8K | -2,746 | Closed |
|
PFO Hedge Fund Activity: Q4 2024 in Review
44 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2024, worth a combined $26.9M — up 14% from $23.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PFO and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Sit Investment Associates, adding an estimated $2.31M. The largest seller was Bulldog Investors, exiting entirely with an estimated $450K sold.
- 44 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2024, down from 47 in Q3 2024.
- Funds reported $26.9M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2024, up 14% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2024 and 9 closed out, a net change of -3 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2024 was Sit Investment Associates, an estimated $2.31M added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2024 was Bulldog Investors, an estimated $450K sold.
Based on aggregated 13F filings for Q4 2024.