Vault-13

FLAHERTY & CRUMRINE PFD SECS XFFCX

COM · Closed-End Fund · CUSIP 338478100

112 institutional holders -7 vs Q1 2026
11,157,17811.2m shares reported held*
$181.9mreported value*
8 new 40 added 33 reduced 15 sold out net bought ≈ $7.3m (+455.5k 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 ≈ $16.30.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 98Q4 22: 100Q1 23: 101Q2 23: 96Q3 23: 109Q4 23: 121Q1 24: 116Q2 24: 109Q3 24: 111Q4 24: 119Q1 25: 115Q2 25: 113Q3 25: 116Q4 25: 113Q1 26: 119Q2 26: 112112Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202298
Q4 2022100
Q1 2023101
Q2 202396
Q3 2023109
Q4 2023121
Q1 2024116
Q2 2024109
Q3 2024111
Q4 2024119
Q1 2025115
Q2 2025113
Q3 2025116
Q4 2025113
Q1 2026119
Q2 2026112

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 61 bought or addedQ3 24: 40 cut or sold outQ4 24: 52 bought or addedQ4 24: 38 cut or sold outQ4 24Q1 25: 43 bought or addedQ1 25: 50 cut or sold outQ2 25: 45 bought or addedQ2 25: 53 cut or sold outQ2 25Q3 25: 50 bought or addedQ3 25: 41 cut or sold outQ4 25: 51 bought or addedQ4 25: 50 cut or sold outQ4 25Q1 26: 57 bought or addedQ1 26: 43 cut or sold outQ2 26: 48 bought or addedQ2 26: 48 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20246140
Q4 20245238
Q1 20254350
Q2 20254553
Q3 20255041
Q4 20255150
Q1 20265743
Q2 20264848

Biggest buyers

SIT INVESTMENT ASSOCIATES INC Added +405,971+406.0k
ENVESTNET ASSET MANAGEMENT INC Added +194,657+194.7k
MORGAN STANLEY Added +64,743+64.7k
Hennion & Walsh Asset Management, Inc. Added +47,574+47.6k
CEERA INVESTMENTS, LLC Added +43,485+43.5k
Cambridge Investment Research Advisors, Inc. Added +39,495+39.5k
Gridiron Partners, LLC Added +35,253+35.3k
Noble Wealth Management PBC Added +31,655+31.7k
COHEN & STEERS, INC. Added +25,000+25.0k
GUGGENHEIM CAPITAL LLC Added +23,382+23.4k

Biggest sellers

1607 Capital Partners, LLC Reduced -169,152-169.2k
Logan Stone Capital, LLC Sold out -108,421-108.4k
STIFEL FINANCIAL CORP Reduced -80,007-80.0k
WOLVERINE ASSET MANAGEMENT LLC Sold out -46,312-46.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -29,759-29.8k
READYSTATE ASSET MANAGEMENT LP Sold out -29,596-29.6k
Beacon Pointe Advisors, LLC Reduced -21,880-21.9k
Lido Advisors, LLC Sold out -16,895-16.9k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -16,500-16.5k
Closed-End Fund Advisors, Inc. Reduced -14,595-14.6k

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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BARD ASSOCIATES INC 4.44% of their portfolio CHICAGO, IL 1,227,7961.2m $20.0m $20.0m 4.44% Added +11.8k +11,775
2 SIT INVESTMENT ASSOCIATES INC 0.35% of their portfolio Minneapolis, MN 1,127,6951.1m $18.4m $18.4m 0.35% Added +406.0k +405,971
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 946,105946.1k $15.4m $15.4m 0.00% Added +19.7k +19,722
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 739,237739.2k $12.0m $12.0m 0.00% Added +64.7k +64,743
5 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 685,902685.9k $11.2m $11.2m 0.00% Added +7.5k +7,529
6 COHEN & STEERS, INC. 0.02% of their portfolio NEW YORK, NY 612,296612.3k $10.0m $10.0m 0.02% Added +25.0k +25,000
7 Hennion & Walsh Asset Management, Inc. 0.22% of their portfolio Parsippany, NJ 472,352472.4k $7.7m $7.7m 0.22% Added +47.6k +47,574
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 365,523365.5k $6.0m $6.0m 0.00% Reduced -7.3k -7,345
9 Csenge Advisory Group 0.21% of their portfolio CLEARWATER, FL 322,022322.0k $5.2m $5.2m 0.21% Reduced -11.2k -11,216
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 313,683313.7k $5.1m $5.1m 0.00% Added +4.5k +4,482
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 290,360290.4k $4.7m $4.7m 0.00% Added +194.7k +194,657
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 236,627236.6k $3.9m $3.9m 0.00% Reduced -56 -56
13 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 199,914199.9k $3.3m $3.3m 0.00% Reduced -80.0k -80,007
14 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 184,674184.7k $3.0m $3.0m 0.00% Reduced -4.2k -4,174
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 179,825179.8k $2.9m $2.9m 0.00% Added +7.9k +7,899
16 1607 Capital Partners, LLC 0.24% of their portfolio Richmond, VA 171,099171.1k $2.8m $2.8m 0.24% Reduced -169.2k -169,152
17 Gridiron Partners, LLC 1.46% of their portfolio Wexford, PA 170,995171.0k $2.8m $2.8m 1.46% Added +35.3k +35,253
18 Fiera Capital Corp 0.01% of their portfolio MONTREAL, A8 167,970168.0k $2.7m $2.7m 0.01% Added +5.8k +5,783
19 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 160,360160.4k $2.6m $2.6m 0.00% Reduced -1.4k -1,417
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 154,725154.7k $2.5m $2.5m 0.00% Added +4.3k +4,315
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 139,150139.2k $2.3m $2.3m 0.00% Reduced -7.7k -7,726
22 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 120,609120.6k $2.0m $2.0m 0.00% Reduced -542 -542
23 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 117,328117.3k $1.9m $1.9m 0.01% Added +23.4k +23,382
24 Elevated Capital Advisors, LLC 0.52% of their portfolio SANDY, UT 116,044116.0k $1.9m $1.9m 0.52% Added +1.9k +1,914
25 Sowell Financial Services LLC 0.06% of their portfolio NORTH LITTLE ROCK, AR 112,147112.1k $1.8m $1.8m 0.06% Reduced -4.1k -4,085
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 98,87698.9k $1.6m $1.6m 0.00% Added +3.8k +3,782
27 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 86,66786.7k $1.4m $1.4m 0.00% Reduced -105 -105
28 TITLEIST ASSET MANAGEMENT, LLC 0.09% of their portfolio SAN ANTONIO, TX 80,52980.5k $1.3m $1.3m 0.09% Unchanged
29 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 79,91779.9k $1.3m $1.3m 0.01% Reduced -1.1k -1,065
30 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 79,84079.8k $1.3m $1.3m 0.00% Added +39.5k +39,495
31 Smith Asset Management Co., LLC 0.96% of their portfolio Chiefland, FL 74,91674.9k $1.2m $1.2m 0.96% Reduced -1.9k -1,934
32 CEERA INVESTMENTS, LLC 0.51% of their portfolio BELLAIRE, TX 73,73073.7k $1.2m $1.2m 0.51% Added +43.5k +43,485
33 Noble Wealth Management PBC 0.54% of their portfolio GREENWOOD VILLAGE, CO 72,31772.3k $1.2m $1.2m 0.54% Added +31.7k +31,655
34 Mountain Capital Investment Advisors Inc. 0.15% of their portfolio WESTMINSTER, CO 64,48364.5k $1.0m $1.0m 0.15% Reduced -170 -170
35 Compound Planning, Inc. 0.03% of their portfolio NEW YORK, NY 63,13563.1k $1.0m $1.0m 0.03% Reduced -300 -300
36 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 50,29850.3k $818.9k $818.9k 0.00% Added +4.7k +4,736
37 Atlantic Edge Private Wealth Management, LLC 0.15% of their portfolio JACKSONVILLE, FL 44,93544.9k $731.5k $731.5k 0.15% Unchanged
38 Everstar Asset Management, LLC 0.35% of their portfolio MOORESVILLE, NC 44,90044.9k $731.0k $731.0k 0.35% Unchanged
39 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 40,99341.0k $667.4k $667.4k 0.00% Added +2.7k +2,733
40 SMITH, MOORE & CO. 0.04% of their portfolio CLAYTON, MO 38,46938.5k $626.3k $626.3k 0.04% Reduced -820 -820
41 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 38,18538.2k $622.0k $622.0k 0.00% Added +11.3k +11,297
42 Stolper Co 0.15% of their portfolio TULSA, OK 35,38335.4k $576.0k $576.0k 0.15% Added +10.1k +10,108
43 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 32,23132.2k $524.7k $524.7k 0.02% Reduced -567 -567
44 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 30,96131.0k $503.1k $503.1k 0.00% Reduced -16.5k -16,500
45 SEAMOUNT FINANCIAL GROUP INC 0.19% of their portfolio COLORADO SPRINGS, CO 29,08829.1k $473.6k $473.6k 0.19% Reduced -308 -308
46 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 28,01528.0k $456.1k $456.1k 0.02% Reduced -200 -200
47 Whitener Capital Management, Inc. 0.09% of their portfolio Rocky Mount, NC 25,58525.6k $416.5k $416.5k 0.09% Added +800 +800
48 Curi Capital, LLC 0.01% of their portfolio CHICAGO, IL 25,16825.2k $409.7k $409.7k 0.01% Unchanged
49 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 24,98925.0k $406.8k $406.8k 0.00% Added +9.0k +9,036
50 Maridea Wealth Management LLC 0.04% of their portfolio BROOKLYN, NY 23,66723.7k $385.3k $385.3k 0.04% Added +5.6k +5,635
51 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 22,20022.2k $361.4k $361.4k 0.00% Unchanged
52 Pines Wealth Management, LLC 0.10% of their portfolio SOUTHERN PINES, NC 21,27421.3k $346.3k $346.3k 0.10% Added +801 +801
53 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 21,09021.1k $343.0k $343.0k 0.01% Reduced -4.0k -3,967
54 Sage Capital Advisors,llc 0.07% of their portfolio SIOUX FALLS, SD 20,20320.2k $328.9k $328.9k 0.07% Added +276 +276
55 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 19,97720.0k $325.2k $325.2k 0.00% Added +9.0k +8,994
56 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 18,60518.6k $302.9k $302.9k 0.00% Reduced -831 -831
57 SILVER OAK SECURITIES, INCORPORATED 0.02% of their portfolio JACKSON, TN 18,04318.0k $293.7k $293.7k 0.02% Reduced -2.0k -1,989
58 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio ORLANDO, FL 17,70717.7k $288.3k $288.3k 0.02% Added +274 +274
59 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 17,69617.7k $288.1k $288.1k 0.01% Reduced -2.5k -2,486
60 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 16,78716.8k $273.3k $273.3k 0.00% Added +635 +635
61 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 16,43416.4k $267.5k $267.5k 0.00% Added +8.8k +8,843
62 First Heartland Consultants, Inc. 0.02% of their portfolio LAKE ST. LOUIS, MO 16,42216.4k $267.4k $267.4k 0.02% Added +432 +432
63 TIEMANN INVESTMENT ADVISORS, LLC 0.09% of their portfolio MENLO PARK, CA 15,38815.4k $250.5k $250.5k 0.09% Unchanged
64 EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio Bellevue, WA 15,35015.3k $249.9k $249.9k 0.00% Unchanged
65 INTEGRATED CAPITAL MANAGEMENT, INC. 0.17% of their portfolio JESSUP, PA 15,22515.2k $247.9k $247.9k 0.17% Reduced -1.7k -1,736
66 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 15,15715.2k $246.8k $246.8k 0.00% Added +3.4k +3,395
67 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 14,90014.9k $241.4k $241.4k 0.00% Reduced -3.5k -3,500
68 Advisors Asset Management, Inc. 0.00% of their portfolio Monument, CO 13,95614.0k $227.2k $227.2k 0.00% Added +13.6k +13,573
69 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 12,87812.9k $209.7k $209.7k 0.00% Unchanged
70 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 12,75412.8k $207.6k $207.6k 0.00% Reduced -29 -29
71 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 12,61312.6k $205.3k $205.3k 0.00% New
72 DF DENT & CO INC 0.00% of their portfolio BALTIMORE, MD 12,29812.3k $200.2k $200.2k 0.00% Unchanged
73 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,12012.1k $197.3k $197.3k 0.00% Unchanged
74 CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio RICHMOND, VA 11,77311.8k $191.7k $191.7k 0.00% Unchanged
75 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 11,53311.5k $187.8k $187.8k 0.00% Reduced -167 -167
76 49 WEALTH MANAGEMENT, LLC 0.04% of their portfolio AUSTIN, TX 11,53211.5k $187.7k $187.7k 0.04% New
77 ALONGSIDE, LLC 0.04% of their portfolio AUSTIN, TX 11,53211.5k $187.7k $187.7k 0.04% First filing
78 Summit Trail Advisors, LLC 0.00% of their portfolio NEW YORK, NY 11,49511.5k $187.1k $187.1k 0.00% Added +406 +406
79 GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio WESTBOROUGH, MA 10,77610.8k $175.4k $175.4k 0.00% New
80 Closed-End Fund Advisors, Inc. 0.17% of their portfolio RICHMOND, VA 10,46410.5k $170.4k $170.4k 0.17% Reduced -14.6k -14,595
81 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 10,16510.2k $165.5k $165.5k 0.00% Reduced -21.9k -21,880
82 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 8,4568.5k $137.7k $137.7k 0.00% Unchanged
83 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 6,4646.5k $105.2k $105.2k 0.00% Reduced -3.7k -3,655
84 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 6,1256.1k $99.7k $99.7k 0.00% Unchanged
85 MARYLAND CAPITAL ADVISORS INC. 0.03% of their portfolio CHESTER, MD 5,6005.6k $91.2k $91.2k 0.03% First filing
86 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,4355.4k $88.5k $88.5k 0.00% Added +130 +130
87 MATHER GROUP, LLC. 0.00% of their portfolio CHICAGO, IL 4,6844.7k $76.3k $76.3k 0.00% Unchanged
88 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 3,5453.5k $57.7k $57.7k 0.00% Added +500 +500
89 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,5003.5k $57.0k $57.0k 0.00% Unchanged
90 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.02% of their portfolio INDIANAPOLIS, IN 2,9002.9k $47.2k $47.2k 0.02% New
91 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,6382.6k $42.9k $42.9k 0.00% Reduced -2.8k -2,789
92 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 2,5312.5k $41.0k $41.0k 0.00% Unchanged
93 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 2,0982.1k $34.2k $34.2k 0.00% Unchanged
94 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 2,0372.0k $33.2k $33.2k 0.00% Unchanged
95 CHILTON CAPITAL MANAGEMENT LLC 0.00% of their portfolio HOUSTON, TX 1,5501.6k $25.2k $25.2k 0.00% Unchanged
96 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 1,3001.3k $21.2k $21.2k 0.00% Unchanged
97 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 1,1531.2k $18.7k $18.7k 0.00% Unchanged
98 SOA Wealth Advisors, LLC. 0.00% of their portfolio NEW YORK, NY 1,0041.0k $16.3k $16.3k 0.00% Added +19 +19
99 Washington Trust Advisors, Inc. 0.00% of their portfolio WELLESLEY, MA 970970 $15.8k $15.8k 0.00% Unchanged
100 Keating Financial Advisory Services, Inc. 0.00% of their portfolio MANHATTAN, KS 923923 $15.0k $15.0k 0.00% Reduced -418 -418