Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
31 hedge funds and large institutions have $9.6M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 0 closing their positions.
19% more funds holding
Funds holding: 26 → 31 (+5)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0.11% more ownership
Funds ownership: 6.83% → 6.94% (+0.11%)
1% less capital invested
Capital invested by funds: $9.73M → $9.6M (-$133K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$297K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$175K |
| 3 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
+$173K |
| 4 |
Citigroup
New York
|
+$155K |
| 5 |
HK
Horizon Kinetics
New York
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$891K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$87.3K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$78.8K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$75.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$13.4K |
PFO Hedge Fund Activity: Q4 2016 in Review
31 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2016, worth a combined $9.6M — down 1.4% from $9.73M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PFO positions and 0 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was IFP Advisors, opening a new position worth an estimated $297K. The largest seller was Fifth Third Bancorp, cutting an estimated $891K.
- 31 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2016, up from 26 in Q3 2016.
- Funds reported $9.6M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2016, down 1.4% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2016 and 0 closed out, a net change of +5 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2016 was IFP Advisors, an estimated $297K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2016 was Fifth Third Bancorp, an estimated $891K sold.
Based on aggregated 13F filings for Q4 2016.