Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
52 hedge funds and large institutions have $39.9M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2026 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
16% more funds holding
Funds holding: 45 → 52 (+7)
0.49% more ownership
Funds ownership: 33.22% → 33.72% (+0.49%)
3% less capital invested
Capital invested by funds: $41.1M → $39.9M (-$1.18M)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.81M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$550K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$386K |
| 4 |
SAM
Smith Asset Management
Chiefland,
Florida
|
+$300K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$856K |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$650K |
| 3 |
TI
TrueMark Investments
Chicago,
Illinois
|
-$468K |
| 4 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$421K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HWP
51
Highline Wealth Partners
Sherman Oaks,
California
| $2.8K | +$2.92K | +310 | New |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1.84K | +$1.93K | +204 | New |
|
|
NA
53
NewEdge Advisors
New Orleans,
Louisiana
| – | -$248K | -26,272 | Closed |
|
|
CA
54
CoreCap Advisors
Southfield,
Michigan
| – | -$9.45K | -1,000 | Closed |
|
|
PA
55
Parallel Advisors
San Francisco,
California
| – | -$6.47K | -685 | Closed |
|
PFO Hedge Fund Activity: Q1 2026 in Review
52 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q1 2026, worth a combined $39.9M — down 2.9% from $41.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFO positions and 3 closed out — a net gain of 8 holders — while 14 added to existing stakes and 19 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.81M. The largest seller was Rivernorth Capital Management, cutting an estimated $856K.
- 52 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q1 2026, up from 45 in Q4 2025.
- Funds reported $39.9M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q1 2026, down 2.9% quarter-over-quarter.
- 11 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q1 2026 and 3 closed out, a net change of +8 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q1 2026 was Sit Investment Associates, an estimated $1.81M added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q1 2026 was Rivernorth Capital Management, an estimated $856K sold.
Based on aggregated 13F filings for Q1 2026.