Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
38 hedge funds and large institutions have $9.68M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
12% more funds holding
Funds holding: 34 → 38 (+4)
3% more capital invested
Capital invested by funds: $9.36M → $9.68M (+$320K)
0.51% more ownership
Funds ownership: 6.66% → 7.16% (+0.51%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$470K |
| 2 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$126K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$71.2K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$51.3K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$46.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$134K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$37.9K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$28.3K |
| 4 |
LPL Financial
San Diego,
California
|
-$28.3K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$20K |
PFO Hedge Fund Activity: Q3 2020 in Review
38 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q3 2020, worth a combined $9.68M — up 3.4% from $9.36M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PFO positions and 1 closed out — a net gain of 4 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was First Allied Advisory Services, opening a new position worth an estimated $470K. The largest seller was Morgan Stanley, cutting an estimated $134K.
- 38 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q3 2020, up from 34 in Q2 2020.
- Funds reported $9.68M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q3 2020, up 3.4% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q3 2020 and 1 closed out, a net change of +4 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q3 2020 was First Allied Advisory Services, an estimated $470K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q3 2020 was Morgan Stanley, an estimated $134K sold.
Based on aggregated 13F filings for Q3 2020.