Cohen & Steers
113 hedge funds and large institutions have $786M invested in Cohen & Steers in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 47 reducing their positions, and 18 closing their positions.
7% more capital invested
Capital invested by funds: $735M → $786M (+$50.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.09% less ownership
Funds ownership: 42.8% → 41.71% (-1.1%)
7% less funds holding
Funds holding: 121 → 113 (-8)
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
40% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 47
91% less call options, than puts
Call options by funds: $25K | Put options by funds: $274K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.01M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.07M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.05M |
| 4 |
HK
Horizon Kinetics
New York
|
+$831K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$795K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.71M |
| 2 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
-$4.17M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$3.56M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$2.19M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
BNP Paribas Financial Markets
Paris,
France
| – | -$44.7K | -1,163 | Closed |
|
127
Ameriprise
Minneapolis,
Minnesota
| – | -$15K | -399 | Closed |
|
128
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$10K | -267 | Closed |
|
|
WEC
129
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$5.42K | -142 | Closed |
|
|
PTC
130
Private Trust Company
Cleveland,
Ohio
| – | -$4K | -100 | Closed |
|
131
Envestnet Asset Management
Chicago,
Illinois
| – | -$2K | -43 | Closed |
|
CNS Hedge Fund Activity: Q4 2014 in Review
113 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers (CNS) for Q4 2014, worth a combined $786M — up 6.9% from $735M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CNS and 12 opened new positions — a net loss of 6 holders — while 47 trimmed existing stakes and 28 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.01M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $4.71M sold.
- 113 institutional investors held Cohen & Steers (CNS) as of Q4 2014, down from 121 in Q3 2014.
- Funds reported $786M of Cohen & Steers stock for Q4 2014, up 6.9% quarter-over-quarter.
- 12 funds opened new Cohen & Steers positions in Q4 2014 and 18 closed out, a net change of -6 holders.
- The largest Cohen & Steers buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $3.01M added.
- The largest Cohen & Steers seller in Q4 2014 was JP Morgan Chase, an estimated $4.71M sold.
Based on aggregated 13F filings for Q4 2014.