Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
41 hedge funds and large institutions have $11.6M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 4 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
5% more funds holding
Funds holding: 39 → 41 (+2)
0.33% less ownership
Funds ownership: 7.25% → 6.92% (-0.33%)
4% less capital invested
Capital invested by funds: $12M → $11.6M (-$423K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCWA
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
+$388K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$236K |
| 3 |
Morgan Stanley
New York
|
+$135K |
| 4 |
LPL Financial
San Diego,
California
|
+$81K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$55.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1M |
| 2 |
QWM
Quaker Wealth Management
Moorestown,
New Jersey
|
-$175K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$152K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$81.8K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$72.3K |
PFO Hedge Fund Activity: Q1 2021 in Review
41 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q1 2021, worth a combined $11.6M — down 3.5% from $12M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PFO positions and 4 closed out — a net gain of 2 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Vanguard Capital Wealth Advisors, opening a new position worth an estimated $388K. The largest seller was Private Advisor Group, cutting an estimated $1M.
- 41 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q1 2021, up from 39 in Q4 2020.
- Funds reported $11.6M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q1 2021, down 3.5% quarter-over-quarter.
- 6 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q1 2021 and 4 closed out, a net change of +2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q1 2021 was Vanguard Capital Wealth Advisors, an estimated $388K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q1 2021 was Private Advisor Group, an estimated $1M sold.
Based on aggregated 13F filings for Q1 2021.