Cohen & Steers
CNS
118 hedge funds and large institutions have $509M invested in Cohen & Steers in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 32 reducing their positions, and 27 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 32
0.07% less ownership
Funds ownership: 40.93% → 40.86% (-0.07%)
9% less funds holding
Funds holding: 130 → 118 (-12)
20% less capital invested
Capital invested by funds: $632M → $509M (-$123M)
41% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$14.5M |
| 2 |
Bank of New York Mellon
New York
|
+$10.8M |
| 3 |
Citigroup
New York
|
+$9.76M |
| 4 |
Renaissance Technologies
New York
|
+$7.99M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$22.8M |
| 2 |
Goldman Sachs
New York
|
-$10M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$6.86M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.48M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.27M |
CNS Hedge Fund Activity: Q3 2015 in Review
118 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers (CNS) for Q3 2015, worth a combined $509M — down 20% from $632M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CNS and 16 opened new positions — a net loss of 11 holders — while 32 trimmed existing stakes and 52 added.
The largest buyer was Virtus Fund Advisers, adding an estimated $14.5M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $22.8M.
- 118 institutional investors held Cohen & Steers (CNS) as of Q3 2015, down from 130 in Q2 2015.
- Funds reported $509M of Cohen & Steers stock for Q3 2015, down 20% quarter-over-quarter.
- 16 funds opened new Cohen & Steers positions in Q3 2015 and 27 closed out, a net change of -11 holders.
- The largest Cohen & Steers buyer in Q3 2015 was Virtus Fund Advisers, an estimated $14.5M added.
- The largest Cohen & Steers seller in Q3 2015 was Kayne Anderson Rudnick Investment Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q3 2015.