Cohen & Steers
126 hedge funds and large institutions have $755M invested in Cohen & Steers in 2015 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 43 increasing their positions, 37 reducing their positions, and 10 closing their positions.
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
16% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 37
12% more funds holding
Funds holding: 113 → 126 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $786M → $755M (-$30.7M)
1.07% less ownership
Funds ownership: 41.71% → 40.63% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.66M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$3.08M |
| 3 |
Morgan Stanley
New York
|
+$2.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.04M |
| 5 |
SIP
Stoneridge Investment Partners
Radnor,
Pennsylvania
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$11.8M |
| 2 |
Lazard Asset Management
New York
|
-$8.11M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$4.81M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$3.3M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$2.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Lazard Asset Management
New York
| – | -$8.11M | -192,662 | Closed |
|
|
127
Nordea Investment Management
Stockholm,
Sweden
| – | -$2.13M | -50,590 | Closed |
|
|
MC
128
Menta Capital
San Francisco,
California
| – | -$800K | -19,000 | Closed |
|
|
AA
129
ALPS Advisors
Denver,
Colorado
| – | -$538K | -12,790 | Closed |
|
130
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$256K | -6,095 | Closed |
|
|
MCM
131
Manchester Capital Management
Manchester,
Vermont
| – | -$86K | -2,050 | Closed |
|
|
PG
132
PEAK6 Group
Chicago,
Illinois
| – | -$85.1K | -1,996 | Closed |
|
|
BRWA
133
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$81 | -1,929 | Closed |
|
|
BC
134
Bartlett & Co
Cincinnati,
Ohio
| – | -$5K | -128 | Closed |
|
|
RC
135
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$2.82K | -67 | Closed |
|
CNS Hedge Fund Activity: Q1 2015 in Review
126 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers (CNS) for Q1 2015, worth a combined $755M — down 3.9% from $786M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CNS positions and 10 closed out — a net gain of 14 holders — while 43 added to existing stakes and 37 trimmed.
The largest buyer was Vanguard Group, adding an estimated $6.66M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $11.8M.
- 126 institutional investors held Cohen & Steers (CNS) as of Q1 2015, up from 113 in Q4 2014.
- Funds reported $755M of Cohen & Steers stock for Q1 2015, down 3.9% quarter-over-quarter.
- 24 funds opened new Cohen & Steers positions in Q1 2015 and 10 closed out, a net change of +14 holders.
- The largest Cohen & Steers buyer in Q1 2015 was Vanguard Group, an estimated $6.66M added.
- The largest Cohen & Steers seller in Q1 2015 was Kayne Anderson Rudnick Investment Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2015.