Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
41 hedge funds and large institutions have $12M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2021 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
9% more capital invested
Capital invested by funds: $11M → $12M (+$975K)
3% more funds holding
Funds holding: 40 → 41 (+1)
0.64% more ownership
Funds ownership: 6.76% → 7.39% (+0.64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$371K |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$317K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$197K |
| 4 |
QWM
Quaker Wealth Management
Moorestown,
New Jersey
|
+$180K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$187K |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$137K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$115K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$78.8K |
| 5 |
CCM
Covington Capital Management
Los Angeles,
California
|
-$44.3K |
PFO Hedge Fund Activity: Q4 2021 in Review
41 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2021, worth a combined $12M — up 8.8% from $11M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFO positions and 5 closed out — a net gain of 2 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $371K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $187K sold.
- 41 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2021, up from 40 in Q3 2021.
- Funds reported $12M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2021, up 8.8% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2021 and 5 closed out, a net change of +2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2021 was Osaic Holdings, an estimated $371K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2021 was Wolverine Asset Management, an estimated $187K sold.
Based on aggregated 13F filings for Q4 2021.