FLAHERTY & CRUMRINE PFD INCO

CUSIP: 33848E106 Class: CEF

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
SIT INVESTMENT ASSOCIATES INC1,328,546$13
CIBC Private Wealth Group, LLC588,511$5,561
Pathstone Holdings, LLC339,627$3,209
Advisors Asset Management, Inc.309,687$2,927
1607 Capital Partners, LLC263,244$2,488
Private Advisor Group, LLC190,128$1,797
Fiera Capital Corp129,862$1,227
RIVERNORTH CAPITAL MANAGEMENT, LLC111,745$1,056
Closed-End Fund Advisors, Inc.96,222$909
Noble Wealth Management PBC95,345$901
MORGAN STANLEY90,453$855
D.A. DAVIDSON & CO.85,496$808
MUSTICO FINANCIAL GROUP, INC.81,339$770
TrueMark Investments, LLC70,697$668
Cambridge Investment Research Advisors, Inc.63,117$1
SRS Capital Advisors, Inc.48,873$462
WELLS FARGO & COMPANY/MN47,000$444
Baird Financial Group, Inc.42,839$405
Invesco Ltd.41,671$394
LPL Financial LLC40,739$385
Sowell Financial Services LLC39,073$369
CLIFFORD SWAN INVESTMENT COUNSEL LLC29,500$279
NewEdge Advisors, LLC26,272$248
GUGGENHEIM CAPITAL LLC24,542$232
Catalina Capital Group, LLC18,823$178
BANK OF AMERICA CORP /DE/15,664$148
SUSQUEHANNA INTERNATIONAL GROUP, LLP15,075$142
AlphaCore Capital LLC13,400$127
Basepoint Wealth LLC12,850$121
JAG CAPITAL MANAGEMENT, LLC12,700$120
MOSAIC FAMILY WEALTH PARTNERS, LLC11,824$112
Cetera Investment Advisers11,704$111
COMMONWEALTH EQUITY SERVICES, LLC11,154$105
OSAIC HOLDINGS, INC.8,988$85
UBS Group AG6,759$64
Thomas J. Herzfeld Advisors, Inc.3,345$32
Rockefeller Capital Management L.P.3,322$31
WEBSTER BANK, N. A.3,000$28
West Branch Capital LLC2,335$22
ROYAL BANK OF CANADA2,182$21
Federation des caisses Desjardins du Quebec1,300$12
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC1,000$9
CoreCap Advisors, LLC1,000$9
Parallel Advisors, LLC685$6
Total (44 institutions)4,341,638$27,892