Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
45 hedge funds and large institutions have $41.1M invested in Flaherty & Crumrine Preferred and Income Opportunity Fund in 2025 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
5% more capital invested
Capital invested by funds: $39M → $41.1M (+$2.08M)
2.59% more ownership
Funds ownership: 30.64% → 33.22% (+2.6%)
0% more funds holding
Funds holding: 45 → 45 (0)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.06M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$706K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$668K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$619K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$412K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.43M |
| 2 |
Morgan Stanley
New York
|
-$228K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$147K |
| 4 |
AC
Apella Capital
West Hartford,
Connecticut
|
-$146K |
| 5 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
-$103K |
PFO Hedge Fund Activity: Q4 2025 in Review
45 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) for Q4 2025, worth a combined $41.1M — up 5.3% from $39M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFO positions and 5 closed out — a net gain of 2 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.06M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.43M sold.
- 45 institutional investors held Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $41.1M of Flaherty & Crumrine Preferred and Income Opportunity Fund stock for Q4 2025, up 5.3% quarter-over-quarter.
- 7 funds opened new Flaherty & Crumrine Preferred and Income Opportunity Fund positions in Q4 2025 and 5 closed out, a net change of +2 holders.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund buyer in Q4 2025 was Advisors Asset Management, an estimated $2.06M added.
- The largest Flaherty & Crumrine Preferred and Income Opportunity Fund seller in Q4 2025 was Envestnet Asset Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2025.