49 institutional investment managers reported PFO positions in their Form 13F filings for Q2 2026, holding 2,387,408 shares worth $22.0M in total. CIBC Bancorp USA Inc. reported the largest position.

Are funds buying or selling PFO?

In Q2 2026, 7 managers opened new PFO positions, 17 added, 12 trimmed and 9 sold out. Managers that filed in both quarters sold a net 2,003,106 shares.

How current is this PFO institutional ownership data?

It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Funds · PFO

Who owns PFO?

Institutional ownership of Flaherty & Crumrine Preferred and Income Opportunity Fund Inco from Form 13F, Q2 2026

49 institutional managers reported holding Flaherty & Crumrine Preferred and Income Opportunity Fund Inco (PFO) in Form 13F filings for Q2 2026, with 2,387,408 shares worth $22.0M. The largest reported holder was CIBC Bancorp USA Inc. Managers that filed both quarters cut a net 2,003,106 shares (-45.7%). 7 opened new positions and 9 sold out.

Funds holding: 49
Value held: $22.0M
New / sold out: 7 / 9
Net shares, same filers: -45.7%

Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Largest holders of PFO

Fund	Value	Share of 13F holdings	Shares	Move
CIBC Bancorp USA Inc.	$5.4M	24.7%	588,511	Unchanged
1607 Capital Partners, LLC	$1.8M	8.4%	200,178	Trimmed
Private Advisor Group, LLC	$1.6M	7.4%	175,625	Trimmed
Fiera Capital Corp	$1.2M	5.4%	128,673	Added
Cambridge Investment Research Advisors, Inc.	$1.2M	5.4%	127,930	Added
Pathstone Holdings, LLC	$938K	4.3%	101,525	Trimmed
Noble Wealth Management PBC	$927K	4.2%	100,360	Added
Closed-End Fund Advisors, Inc.	$877K	4.0%	94,929	Added
D.a. Davidson & Co.	$827K	3.7%	89,474	Added
Mustico Financial Group, Inc.	$757K	3.5%	83,652	Added
Morgan Stanley	$718K	3.3%	77,677	Trimmed
Atlas Wealth LLC	$531K	2.4%	57,449	New
LPL Financial LLC	$505K	2.3%	54,614	Added
Arax Advisory Partners	$499K	2.3%	54,038	Added
Baird Financial Group, Inc.	$387K	1.8%	41,928	Trimmed
Sowell Financial Services LLC	$361K	1.6%	39,073	Unchanged
Wells Fargo & Company	$333K	1.5%	36,061	Trimmed
Smith Asset Management Co., LLC	$284K	1.3%	30,718	Trimmed
Clifford Swan Investment Counsel LLC	$273K	1.2%	29,500	Unchanged
Guggenheim Capital LLC	$237K	1.1%	25,636	Unchanged
Osaic Holdings, Inc.	$225K	1.0%	24,398	Added
Rivernorth Capital Management, LLC	$208K	0.9%	22,537	Added
TrueMark Investments, LLC	$208K	0.9%	22,537	Added
Logan Stone Capital, LLC	$157K	0.7%	16,984	Added
Traub Capital Management LLC	$155K	0.7%	16,759	New

Share of 13F holdings is each fund's shares as a share of the 2,387,408 PFO shares all 13F filers reported, not of shares outstanding.

Biggest buyers in Q2 2026

Cambridge Investment Research Advisors, Inc. Added+$560K
Atlas Wealth LLC New+$531K
Arax Advisory Partners Added+$460K
Traub Capital Management LLC New+$155K
Osaic Holdings, Inc. Added+$141K
LPL Financial LLC Added+$103K
Citadel Advisors LLC New+$102K
Logan Stone Capital, LLC Added+$60K
Wolverine Asset Management LLC New+$50K
Royal Bank of Canada Added+$41K

Biggest sellers in Q2 2026

Sit Investment Associates Inc Sold out-$13.7M
Advisors Asset Management, Inc. Sold out-$3.2M
Pathstone Holdings, LLC Trimmed-$1.6M
1607 Capital Partners, LLC Trimmed-$1.1M
Independent Advisor Alliance Sold out-$200K
Invesco Ltd. Sold out-$167K
Morgan Stanley Trimmed-$158K
Commonwealth Equity Services, LLC Sold out-$101K
Private Advisor Group, LLC Trimmed-$99K
Wells Fargo & Company Trimmed-$65K

The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $2.4M and sold $20.5M; 17 added and 12 trimmed.

Schedule 13D and 13G filings on PFO

Owners of more than 5% must file within days, so these can be newer than the 13F data.

2025-07-07SIT INVESTMENT ASSOCIATES INC SCHEDULE 13G filed by Flaherty & Crumrine Preferred and Income Opportunity Fund IncoSchedule 13G

Questions about PFO ownership

Who owns PFO stock?: 49 institutional investment managers reported PFO positions in their Form 13F filings for Q2 2026, holding 2,387,408 shares worth $22.0M in total. CIBC Bancorp USA Inc. reported the largest position.
Are funds buying or selling PFO?: In Q2 2026, 7 managers opened new PFO positions, 17 added, 12 trimmed and 9 sold out. Managers that filed in both quarters sold a net 2,003,106 shares.
How current is this PFO institutional ownership data?: It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to PFO by CUSIP. Options are left out. PFO news and filings · PFO insider trades · Top funds