Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
39 hedge funds and large institutions have $12M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 5 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
4% more capital invested
Capital invested by funds: $11.6M → $12M (+$449K)
0.16% more ownership
Funds ownership: 6.92% → 7.07% (+0.16%)
5% less funds holding
Funds holding: 41 → 39 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$179K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$176K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$120K |
| 4 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
+$85.4K |
| 5 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$49.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$144K |
| 2 |
SAG
Spotlight Asset Group
Oakbrook Terrace,
Illinois
|
-$141K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$53.9K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$48.6K |
| 5 |
LPL Financial
San Diego,
California
|
-$39.7K |
PFO Hedge Fund Activity: Q2 2021 in Review
39 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q2 2021, worth a combined $12M — up 3.9% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PFO and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 16 added.
The largest buyer was Mid Atlantic Financial Management, opening a new position worth an estimated $179K. The largest seller was Oxbow Advisors, exiting entirely with an estimated $144K sold.
- 39 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q2 2021, down from 41 in Q1 2021.
- Funds reported $12M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q2 2021, up 3.9% quarter-over-quarter.
- 3 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q2 2021 and 5 closed out, a net change of -2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q2 2021 was Mid Atlantic Financial Management, an estimated $179K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q2 2021 was Oxbow Advisors, an estimated $144K sold.
Based on aggregated 13F filings for Q2 2021.