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PFO

Flaherty & Crumrine Preferred and Income Opportunity Fund

42 hedge funds and large institutions have $9.84M 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.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

8% more capital invested

Capital invested by funds: $9.15M → $9.84M (+$695K)

2% more funds holding

Funds holding: 4142 (+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

Holders
42
Holders Change
+1
Holders Change %
+2.44%
% of All Funds
0.72%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
12
Reduced
11
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAG
1
Private Advisor Group
New Jersey
$1.19M +$634K +65,689 +90%
Morgan Stanley
2
Morgan Stanley
New York
$1.13M +$52.3K +5,417 +4%
SXL
3
Summit X LLC
Missouri
$731K +$117K +12,070 +16%
DADC
4
D.A. Davidson & Co
Montana
$593K +$168K +17,437 +34%
Cambridge Investment Research Advisors
5
Cambridge Investment Research Advisors
Iowa
$465K -$2.78K -288 -0.5%
Osaic Holdings
6
Osaic Holdings
Arizona
$442K -$3.72K -385 -0.7%
Truist Financial
7
Truist Financial
North Carolina
$426K +$481K +49,766 New
UBS Group
8
UBS Group
Switzerland
$345K -$93.3K -9,664 -19%
LPL Financial
9
LPL Financial
California
$319K +$32.7K +3,390 +10%
Invesco
10
Invesco
Georgia
$319K +$226K +23,398 +169%
SFI
11
SPC Financial Inc
Maryland
$293K -$29.9K -3,100 -8%
VCWA
12
Vanguard Capital Wealth Advisors
Colorado
$291K +$38.6K +4,000 +13%
NA
13
NewEdge Advisors
Louisiana
$281K +$5.44K +563 +2%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$262K -$16.8K -1,742 -5%
CCM
15
Covington Capital Management
California
$258K -$15.4K -1,600 -5%
CSIC
16
Clifford Swan Investment Counsel
California
$253K
Wells Fargo
17
Wells Fargo
California
$201K -$60.1K -6,226 -21%
BW
18
Basepoint Wealth
Iowa
$194K +$4.2K +435 +2%
Bank of America
19
Bank of America
North Carolina
$181K -$2.69K -279 -1%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$170K +$39.7K +4,114 +26%
RJA
21
Raymond James & Associates
Florida
$167K -$111K -11,532 -37%
PJSIMP
22
P.J. Schmidt Investment Management (PJS)
Wisconsin
$167K
FMN
23
Financial Management Network
California
$149K +$161K +16,634 New
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$146K -$20.6K -2,137 -11%
FFWM
25
Future Financial Wealth Management
Ohio
$128K +$130K +13,444 New

PFO Hedge Fund Activity: Q3 2022 in Review

42 of the 5,805 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 $9.84M — 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 $9.84M 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.