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PFO

Flaherty & Crumrine Preferred and Income Opportunity Fund

44 hedge funds and large institutions have $26.9M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2024 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

14% more capital invested

Capital invested by funds: $23.7M → $26.9M (+$3.23M)

3.5% more ownership

Funds ownership: 19.33%22.83% (+3.5%)

6% less funds holding

Funds holding: 4744 (-3)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
44
Holders Change
-3
Holders Change %
-6.38%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
13
Reduced
10
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC Private Wealth Group
1
CIBC Private Wealth Group
Georgia
$5.34M
SIA
2
Sit Investment Associates
Minnesota
$4.89M +$2.31M +250,024 +85%
PAG
3
Private Advisor Group
New Jersey
$1.74M -$79.8K -8,653 -4%
RCM
4
Rivernorth Capital Management
Florida
$1.73M +$1.12M +121,629 +173%
MC
5
Matisse Capital
Oregon
$1.54M
Morgan Stanley
6
Morgan Stanley
New York
$1.23M +$229K +24,793 +22%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$1.05M +$720K +78,044 +205%
NWMP
8
Noble Wealth Management PBC
Colorado
$755K +$773K +83,760 New
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$693K +$32K +3,473 +5%
EMCIP
10
Ewing Morris & Co Investment Partners
Ontario, Canada
$682K +$698K +75,690 New
SXL
11
Summit X LLC
Missouri
$633K -$127K -13,789 -16%
DADC
12
D.A. Davidson & Co
Montana
$591K -$17.4K -1,885 -3%
NWM
13
Napa Wealth Management
California
$562K -$319K -34,623 -36%
CPRC
14
Consolidated Portfolio Review Corp
New York
$532K -$268K -29,012 -33%
LPL Financial
15
LPL Financial
California
$447K +$105K +11,435 +30%
IAA
16
Independent Advisor Alliance
North Carolina
$407K +$416K +45,150 New
AA
17
AQR Arbitrage
Connecticut
$373K -$295K -32,035 -44%
TJHA
18
Thomas J. Herzfeld Advisors
Florida
$360K +$160K +17,377 +77%
SFS
19
Sowell Financial Services
Arkansas
$352K
Wells Fargo
20
Wells Fargo
California
$303K +$100K +10,886 +48%
CSIC
21
Clifford Swan Investment Counsel
California
$266K
NA
22
NewEdge Advisors
Louisiana
$256K -$14.8K -1,600 -5%
BW
23
Basepoint Wealth
Iowa
$242K -$12.4K -1,347 -5%
Osaic Holdings
24
Osaic Holdings
Arizona
$226K +$3.46K +375 +2%
Bank of America
25
Bank of America
North Carolina
$196K +$13.8K +1,500 +7%

PFO Hedge Fund Activity: Q4 2024 in Review

44 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2024, worth a combined $26.9M — up 14% from $23.7M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of PFO and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 13 added.

The largest buyer was Sit Investment Associates, adding an estimated $2.31M. The largest seller was Bulldog Investors, exiting entirely with an estimated $450K sold.

  • 44 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2024, down from 47 in Q3 2024.
  • Funds reported $26.9M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2024, up 14% quarter-over-quarter.
  • 6 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2024 and 9 closed out, a net change of -3 holders.
  • The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2024 was Sit Investment Associates, an estimated $2.31M added.
  • The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2024 was Bulldog Investors, an estimated $450K sold.

Based on aggregated 13F filings for Q4 2024.