Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
46 hedge funds and large institutions have $28.2M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
49% more capital inflows, than outflows
Capital inflows: $2.34M | Capital outflows: $1.57M
5% more funds holding
Funds holding: 44 → 46 (+2)
0.63% more ownership
Funds ownership: 22.83% → 23.46% (+0.63%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$599K |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$470K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$286K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$226K |
| 5 |
NWMP
Noble Wealth Management PBC
Greenwood Village,
Colorado
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$407K |
| 2 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$339K |
| 3 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$143K |
| 4 |
LPL Financial
San Diego,
California
|
-$126K |
| 5 |
Millennium Management
New York
|
-$113K |
PFO Hedge Fund Activity: Q1 2025 in Review
46 of the 7,486 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q1 2025, worth a combined $28.2M — up 4.6% from $26.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PFO positions and 3 closed out — a net gain of 2 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $599K. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $407K sold.
- 46 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q1 2025, up from 44 in Q4 2024.
- Funds reported $28.2M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q1 2025, up 4.6% quarter-over-quarter.
- 5 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q1 2025 and 3 closed out, a net change of +2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q1 2025 was Sit Investment Associates, an estimated $599K added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q1 2025 was Independent Advisor Alliance, an estimated $407K sold.
Based on aggregated 13F filings for Q1 2025.