Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
24 hedge funds and large institutions have $10M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 6 closing their positions.
0.38% less ownership
Funds ownership: 7.37% → 6.99% (-0.38%)
11% less funds holding
Funds holding: 27 → 24 (-3)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
26% less capital inflows, than outflows
Capital inflows: $1.02M | Capital outflows: $1.38M
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Allied Advisory Services
San Diego,
California
|
+$289K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$207K |
| 3 |
Cetera Advisors
Denver,
Colorado
|
+$151K |
| 4 |
Morgan Stanley
New York
|
+$124K |
| 5 |
National Planning Corporation
El Segundo,
California
|
+$54.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$445K |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$361K |
| 3 |
Wolverine Asset Management
Chicago,
Illinois
|
-$191K |
| 4 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
-$110K |
| 5 |
MAS
Madden Advisory Services
Jacksonville,
Florida
|
-$66K |
PFO Hedge Fund Activity: Q4 2014 in Review
24 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2014, worth a combined $10M — up 1.1% from $9.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PFO and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was First Allied Advisory Services, opening a new position worth an estimated $289K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $445K sold.
- 24 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2014, down from 27 in Q3 2014.
- Funds reported $10M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2014, up 1.1% quarter-over-quarter.
- 4 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2014 and 6 closed out, a net change of -2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2014 was First Allied Advisory Services, an estimated $289K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2014 was Sit Investment Associates, an estimated $445K sold.
Based on aggregated 13F filings for Q4 2014.