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PFO

Flaherty & Crumrine Preferred and Income Opportunity Fund

21 hedge funds and large institutions have $9.9M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 6

0.4% less ownership

Funds ownership: 6.99%6.59% (-0.4%)

1% less capital invested

Capital invested by funds: $9.96M → $9.9M (-$55K)

13% less funds holding

Funds holding: 2421 (-3)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
21
Holders Change
-3
Holders Change %
-12.5%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
6
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fifth Third Bancorp
1
Fifth Third Bancorp
Ohio
$3.66M
Morgan Stanley
2
Morgan Stanley
New York
$1.68M +$313K +25,684 +23%
Wells Fargo
3
Wells Fargo
California
$988K -$58K -4,758 -6%
LPL Financial
4
LPL Financial
California
$778K -$76.4K -6,260 -9%
CCM
5
Covington Capital Management
California
$668K -$12.2K -1,000 -2%
CHA
6
Cedar Hill Associates
Illinois
$449K
FAAS
7
First Allied Advisory Services
California
$331K +$26K +2,134 +8%
ICAS
8
Investors Capital Advisory Services
Massachusetts
$298K
VFS
9
VSR Financial Services
Kansas
$232K +$3.61K +296 +2%
Bank of America
10
Bank of America
North Carolina
$164K -$83.4K -6,835 -34%
SI
11
SII Investments
Wisconsin
$145K
Citigroup
12
Citigroup
New York
$128K
DADC
13
D.A. Davidson & Co
Montana
$107K -$123K -10,100 -53%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$62K +$36.6K +3,000 +149%
UBS Group
15
UBS Group
Switzerland
$58K -$99.1K -8,122 -63%
Creative Planning
16
Creative Planning
Kansas
$49K +$6.91K +566 +16%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$39K +$15.2K +1,242 +64%
SF
18
Synovus Financial
Georgia
$26K
AIG
19
American International Group
New York
$25K
RPG
20
Risk Paradigm Group
Texas
$15.3K +$15.4K +1,260 New
FAM
21
Formidable Asset Management
Ohio
$6K
GC
22
Guggenheim Capital
Illinois
-$231K -20,040 Closed
CA
23
Cetera Advisors
Colorado
-$155K -13,200 Closed
WA
24
WFG Advisors
Texas
-$91K -7,884 Closed
NPC
25
National Planning Corporation
California
-$56.7K -4,785 Closed

PFO Hedge Fund Activity: Q1 2015 in Review

21 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q1 2015, worth a combined $9.9M — down 0.55% from $9.96M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of PFO and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 6 added.

The largest buyer was Morgan Stanley, adding an estimated $313K. The largest seller was Guggenheim Capital, exiting entirely with an estimated $231K sold.

  • 21 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q1 2015, down from 24 in Q4 2014.
  • Funds reported $9.9M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q1 2015, down 0.55% quarter-over-quarter.
  • 1 fund opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q1 2015 and 4 closed out, a net change of -3 holders.
  • The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q1 2015 was Morgan Stanley, an estimated $313K added.
  • The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q1 2015 was Guggenheim Capital, an estimated $231K sold.

Based on aggregated 13F filings for Q1 2015.