Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
37 hedge funds and large institutions have $11.1M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 3 closing their positions.
385% more capital inflows, than outflows
Capital inflows: $1.36M | Capital outflows: $281K
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 36 → 37 (+1)
0.74% more ownership
Funds ownership: 6.81% → 7.56% (+0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Private Advisor Group
Morristown,
New Jersey
|
+$632K |
| 2 |
TRUE Private Wealth Advisors
Salem,
Oregon
|
+$194K |
| 3 |
Morgan Stanley
New York
|
+$190K |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$134K |
| 5 |
Mosaic Family Wealth
St. Louis,
Missouri
|
+$69.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
-$107K |
| 2 |
Cetera Advisor Networks
El Segundo,
California
|
-$56.3K |
| 3 |
First Hawaiian Bank
Honolulu,
Hawaii
|
-$46K |
| 4 |
LPL Financial
San Diego,
California
|
-$33K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$19.4K |
PFO Hedge Fund Activity: Q2 2019 in Review
37 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q2 2019, worth a combined $11.1M — up 16% from $9.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFO positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $632K. The largest seller was Summit X LLC, cutting an estimated $107K.
- 37 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q2 2019, up from 36 in Q1 2019.
- Funds reported $11.1M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q2 2019, up 16% quarter-over-quarter.
- 4 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q2 2019 and 3 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q2 2019 was Private Advisor Group, an estimated $632K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q2 2019 was Summit X LLC, an estimated $107K sold.
Based on aggregated 13F filings for Q2 2019.