Vault-13

FLAHERTY & CRUMRINE PFD SECS XFFCX

COM · Closed-End Fund · CUSIP 338478100

116 institutional holders -5 vs Q4 2023
10,569,48110.6m shares reported held*
$156.9mreported value*
10 new 44 added 32 reduced 16 sold out net bought ≈ $12.9m (+867.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $14.85.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 98Q4 22: 100Q1 23: 101Q2 23: 96Q3 23: 109Q4 23: 121Q1 24: 116116Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202298
Q4 2022100
Q1 2023101
Q2 202396
Q3 2023109
Q4 2023121
Q1 2024116

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 49 bought or addedQ4 22: 47 cut or sold outQ4 22Q1 23: 47 bought or addedQ1 23: 40 cut or sold outQ1 23Q2 23: 43 bought or addedQ2 23: 35 cut or sold outQ2 23Q3 23: 53 bought or addedQ3 23: 33 cut or sold outQ3 23Q4 23: 67 bought or addedQ4 23: 36 cut or sold outQ4 23Q1 24: 54 bought or addedQ1 24: 48 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20224947
Q1 20234740
Q2 20234335
Q3 20235333
Q4 20236736
Q1 20245448

Biggest buyers

MORGAN STANLEY Added +1,082,892+1.1m
Penserra Capital Management LLC Added +469,164+469.2k
PFG Investments, LLC New +160,863+160.9k
Cetera Investment Advisers New +137,776+137.8k
WELLS FARGO & COMPANY/MN Added +101,932+101.9k
AQR Arbitrage LLC Added +79,843+79.8k
ENVESTNET ASSET MANAGEMENT INC Added +29,794+29.8k
Hennion & Walsh Asset Management, Inc. Added +22,144+22.1k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Added +19,956+20.0k
1607 Capital Partners, LLC Added +15,562+15.6k

Biggest sellers

RPO LLC Reduced -279,407-279.4k
MGO ONE SEVEN LLC Reduced -173,765-173.8k
Cetera Advisor Networks LLC Sold out -125,923-125.9k
Rockefeller Capital Management L.P. Sold out -104,520-104.5k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -104,518-104.5k
ROYAL BANK OF CANADA Reduced -102,538-102.5k
TRUIST FINANCIAL CORP Reduced -88,617-88.6k
Almitas Capital LLC Sold out -74,631-74.6k
HighTower Advisors, LLC Reduced -39,135-39.1k
Logan Stone Capital, LLC Sold out -26,079-26.1k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIRST TRUST PORTFOLIOS LP 13G · institution new · filed 2025-07-21 5.7% new 2.7m≈ $44.3m 2025-07-21

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,269,8602.3m $33.7m $33.7m 0.00% Added +1.1m +1,082,892
2 Penserra Capital Management LLC 0.14% of their portfolio ORINDA, CA 746,732746.7k $11.1m $11.1m 0.14% Added +469.2k +469,164
3 MANGROVE PARTNERS IM, LLC 0.72% of their portfolio Greenwich, CT 660,629660.6k $9.8m $9.8m 0.72% Added +11.8k +11,771
4 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 648,798648.8k $9.6m $9.6m 0.00% Added +15.2k +15,249
5 AQR Arbitrage LLC 0.25% of their portfolio Greenwich, CT 484,410484.4k $7.2m $7.2m 0.25% Added +79.8k +79,843
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 450,119450.1k $6.7m $6.7m 0.00% Reduced -9.5k -9,456
7 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 324,190324.2k $4.8m $4.8m 0.01% Unchanged
8 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 260,747260.7k $3.9m $3.9m 0.01% Reduced -9.6k -9,627
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 259,138259.1k $3.8m $3.8m 0.00% Added +101.9k +101,932
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 253,406253.4k $3.8m $3.8m 0.00% Reduced -4.0k -3,958
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 243,781243.8k $3.6m $3.6m 0.00% Added +11.3k +11,344
12 Csenge Advisory Group 0.20% of their portfolio CLEARWATER, FL 238,742238.7k $3.5m $3.5m 0.20% Added +565 +565
13 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.23% of their portfolio Englewood, NJ 175,352175.4k $2.6m $2.6m 0.23% Added +20.0k +19,956
14 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 173,584173.6k $2.6m $2.6m 0.01% Added +15.4k +15,434
15 Consolidated Portfolio Review Corp 0.66% of their portfolio WOODBURY, NY 168,756168.8k $2.5m $2.5m 0.66% Reduced -10.4k -10,429
16 PFG Investments, LLC 0.14% of their portfolio WOODBURY, NY 160,863160.9k $2.4m $2.4m 0.14% New
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 155,900155.9k $2.3m $2.3m 0.00% Reduced -102.5k -102,538
18 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 148,591148.6k $2.2m $2.2m 0.00% Added +2.8k +2,837
19 Gridiron Partners, LLC 1.40% of their portfolio Wexford, PA 147,931147.9k $2.2m $2.2m 1.40% Added +2.4k +2,407
20 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 141,486141.5k $2.1m $2.1m 0.00% Added +29.8k +29,794
21 Elevated Capital Advisors, LLC 0.59% of their portfolio SANDY, UT 138,529138.5k $2.1m $2.1m 0.59% Added +7.8k +7,843
22 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 137,776137.8k $2.0m $2.0m 0.00% New
23 Family Firm, Inc. 0.46% of their portfolio BETHESDA, MD 127,757127.8k $1.9m $1.9m 0.46% Reduced -6.5k -6,507
24 Sowell Financial Services LLC 0.09% of their portfolio NORTH LITTLE ROCK, AR 127,731127.7k $1.9m $1.9m 0.09% Added +2.6k +2,602
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 106,571106.6k $1.6m $1.6m 0.00% Reduced -5.2k -5,206
26 Connectus Wealth, LLC 0.04% of their portfolio CINCINNATI, OH 92,94092.9k $1.4m $1.4m 0.04% Reduced -8.8k -8,800
27 PARK AVENUE SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 89,87089.9k $1.3m $1.3m 0.02% Reduced -4.5k -4,463
28 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 87,32187.3k $1.3m $1.3m 0.01% Added +3.6k +3,560
29 Hennion & Walsh Asset Management, Inc. 0.06% of their portfolio Parsippany, NJ 72,45372.5k $1.1m $1.1m 0.06% Added +22.1k +22,144
30 Western Wealth Management, LLC 0.08% of their portfolio GOLDEN, CO 66,59766.6k $989.0k $989.0k 0.08% Reduced -10.8k -10,765
31 Mountain Capital Investment Advisors Inc. 0.27% of their portfolio WESTMINSTER, CO 65,75265.8k $956.0k $956.0k 0.27% Added +1.9k +1,893
32 BARD ASSOCIATES INC 0.30% of their portfolio CHICAGO, IL 56,81856.8k $843.7k $843.7k 0.30% Reduced -102 -102
33 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 53,87353.9k $800.0k $800.0k 0.00% Added +11.6k +11,648
34 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 50,67950.7k $752.6k $752.6k 0.02% Reduced -104.5k -104,518
35 Alpine Global Management, LLC 0.08% of their portfolio NEW YORK, NY 50,00050.0k $742.5k $742.5k 0.08% Added +4.0k +4,000
36 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 47,49547.5k $705.3k $705.3k 0.01% Unchanged
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 46,83546.8k $695.5k $695.5k 0.00% Added +3.2k +3,180
38 RPO LLC 1.01% of their portfolio Stamford, CT 46,14146.1k $685.2k $685.2k 1.01% Reduced -279.4k -279,407
39 1607 Capital Partners, LLC 0.05% of their portfolio Richmond, VA 45,26245.3k $672.1k $672.1k 0.05% Added +15.6k +15,562
40 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 43,81843.8k $651.0k $651.0k 0.00% Added +2.2k +2,233
41 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 43,18843.2k $641.0k $641.0k 0.00% Added +3.2k +3,159
42 SEAMOUNT FINANCIAL GROUP INC 0.47% of their portfolio COLORADO SPRINGS, CO 36,29736.3k $539.0k $539.0k 0.47% Reduced -6.9k -6,942
43 Flow State Investments, L.P. 0.14% of their portfolio CHICAGO, IL 32,71032.7k $485.7k $485.7k 0.14% Reduced -7.9k -7,936
44 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 32,68632.7k $485.4k $485.4k 0.00% Unchanged
45 MGO ONE SEVEN LLC 0.03% of their portfolio Beachwood, OH 32,49632.5k $482.6k $482.6k 0.03% Reduced -173.8k -173,765
46 Eschler Asset Management LLP 0.29% of their portfolio London, X0 30,22730.2k $447.1k $447.1k 0.29% Unchanged
47 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 29,58129.6k $439.3k $439.3k 0.00% Added +10.1k +10,131
48 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 27,20227.2k $404.0k $404.0k 0.02% Reduced -1.6k -1,584
49 Compound Planning, Inc. 0.04% of their portfolio NEW YORK, NY 25,90025.9k $384.6k $384.6k 0.04% Reduced -2.8k -2,750
50 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 25,73325.7k $382.1k $382.1k 0.00% Added +206 +206
51 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,29425.3k $375.6k $375.6k 0.00% Reduced -20.6k -20,595
52 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 24,11824.1k $359.0k $359.0k 0.00% Reduced -39.1k -39,135
53 TITLEIST ASSET MANAGEMENT, LLC 0.06% of their portfolio SAN ANTONIO, TX 23,46723.5k $348.5k $348.5k 0.06% Unchanged
54 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 22,20022.2k $329.7k $329.7k 0.00% Unchanged
55 Sage Capital Advisors,llc 0.09% of their portfolio SIOUX FALLS, SD 21,92921.9k $325.6k $325.6k 0.09% Added +365 +365
56 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 21,37321.4k $317.4k $317.4k 0.00% Reduced -5.1k -5,062
57 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 21,17721.2k $314.5k $314.5k 0.01% Reduced -12.9k -12,900
58 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 21,15821.2k $314.2k $314.2k 0.01% Added +211 +211
59 Whitener Capital Management, Inc. 0.09% of their portfolio Rocky Mount, NC 19,38019.4k $287.8k $287.8k 0.09% Added +1.9k +1,900
60 Alpha Cubed Investments, LLC 0.01% of their portfolio COSTA MESA, CA 18,07618.1k $268.4k $268.4k 0.01% Unchanged
61 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 16,64016.6k $247.1k $247.1k 0.00% Reduced -980 -980
62 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 16,46016.5k $244.4k $244.4k 0.00% Added +1.3k +1,317
63 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 15,78615.8k $234.4k $234.4k 0.00% Added +1.2k +1,170
64 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 15,76315.8k $234.1k $234.1k 0.00% Reduced -5.1k -5,092
65 TIEMANN INVESTMENT ADVISORS, LLC 0.10% of their portfolio MENLO PARK, CA 14,95515.0k $222.1k $222.1k 0.10% Added +326 +326
66 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 14,63814.6k $217.4k $217.4k 0.03% New
67 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 14,62414.6k $217.2k $217.2k 0.00% Reduced -1.3k -1,282
68 INTEGRATED CAPITAL MANAGEMENT, INC. 0.18% of their portfolio JESSUP, PA 14,52514.5k $215.7k $215.7k 0.18% Added +877 +877
69 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 13,90613.9k $206.5k $206.5k 0.00% Unchanged
70 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio ORLANDO, FL 13,86613.9k $205.1k $205.1k 0.02% Reduced -398 -398
71 DF DENT & CO INC 0.00% of their portfolio BALTIMORE, MD 13,78313.8k $204.7k $204.7k 0.00% Added +170 +170
72 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 13,58713.6k $201.8k $201.8k 0.00% Reduced -88.6k -88,617
73 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 13,19513.2k $195.9k $195.9k 0.02% Added +1.1k +1,100
74 EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio Bellevue, WA 12,55012.6k $186.4k $186.4k 0.01% Added +1.0k +1,000
75 Prairie Wealth Advisors, Inc. 0.09% of their portfolio OMAHA, NE 12,30012.3k $182.7k $182.7k 0.09% First filing
76 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 11,93711.9k $177.0k $177.0k 0.00% Added +154 +154
77 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.01% of their portfolio RICHMOND, VA 11,77311.8k $174.8k $174.8k 0.01% Unchanged
78 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 11,22011.2k $166.6k $166.6k 0.00% Unchanged
79 SFI Advisors, LLC 0.12% of their portfolio Montclair, NJ 10,50710.5k $156.0k $156.0k 0.12% Unchanged
80 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 10,44510.4k $155.1k $155.1k 0.02% Added +3.3k +3,345
81 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 10,40510.4k $154.5k $154.5k 0.00% Reduced -3.1k -3,055
82 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 10,15910.2k $150.9k $150.9k 0.00% New
83 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 8,8348.8k $131.0k $131.0k 0.01% Unchanged
84 Future Financial Wealth Managment LLC 0.08% of their portfolio CINCINNATI, OH 7,0007.0k $104.0k $104.0k 0.08% New
85 Gilliland Jeter Wealth Management LLC 0.03% of their portfolio LITTLE ROCK, AR 6,7586.8k $100.4k $100.4k 0.03% Reduced -3.8k -3,765
86 COMERICA BANK 0.00% of their portfolio DALLAS, TX 5,2925.3k $78.6k $78.6k 0.00% Added +1.6k +1,585
87 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5,1605.2k $76.6k $76.6k 0.00% Unchanged
88 GPS Wealth Strategies Group, LLC 0.01% of their portfolio CENTENNIAL, CO 5,0005.0k $74.2k $74.2k 0.01% Unchanged
89 CHELSEA COUNSEL CO 0.04% of their portfolio Woodland Hills, CA 4,9755.0k $73.9k $73.9k 0.04% Reduced -20.2k -20,225
90 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,0004.0k $59.4k $59.4k 0.00% Reduced -158 -158
91 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 3,9754.0k $59.0k $59.0k 0.00% Reduced -660 -660
92 MATHER GROUP, LLC. 0.00% of their portfolio CHICAGO, IL 3,6893.7k $51.3k $51.3k 0.00% New
93 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,5003.5k $52.0k $52.0k 0.00% New
94 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,7182.7k $40.4k $40.4k 0.00% Unchanged
95 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 2,0982.1k $31.2k $31.2k 0.00% Unchanged
96 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,6601.7k $25.0k $25.0k 0.00% Added +34 +34
97 AlphaMark Advisors, LLC 0.01% of their portfolio FT. WRIGHT, KY 1,4391.4k $21.0k $21.0k 0.01% Added +15 +15
98 Bank of New Hampshire 0.00% of their portfolio LACONIA, NH 1,2501.2k $18.6k $18.6k 0.00% Unchanged
99 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 1,1101.1k $16.5k $16.5k 0.00% Unchanged
100 SOA Wealth Advisors, LLC. 0.00% of their portfolio NEW YORK, NY 856856 $12.7k $12.7k 0.00% Added +19 +19