Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
42 hedge funds and large institutions have $9.8M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 6 closing their positions.
291% more capital inflows, than outflows
Capital inflows: $2.43M | Capital outflows: $621K
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 41 → 42 (+1)
1.43% more ownership
Funds ownership: 7.36% → 8.79% (+1.4%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Private Advisor Group
Morristown,
New Jersey
|
+$634K |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$481K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$226K |
| 4 |
D.A. Davidson & Co
Great Falls,
Montana
|
+$168K |
| 5 |
Financial Management Network
Mission Viejo,
California
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
United Capital Financial Advisors
Irving,
Texas
|
-$114K |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$111K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$93.3K |
| 4 |
Citigroup
New York
|
-$79K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$60.1K |
PFO Hedge Fund Activity: Q3 2022 in Review
42 of the 5,832 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q3 2022, worth a combined $9.8M — up 7.6% from $9.15M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFO positions and 6 closed out — a net gain of 1 holder — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $634K. The largest seller was United Capital Financial Advisors, exiting entirely with an estimated $114K sold.
- 42 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q3 2022, up from 41 in Q2 2022.
- Funds reported $9.8M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q3 2022, up 7.6% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q3 2022 and 6 closed out, a net change of +1 holder.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q3 2022 was Private Advisor Group, an estimated $634K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q3 2022 was United Capital Financial Advisors, an estimated $114K sold.
Based on aggregated 13F filings for Q3 2022.