Cohen & Steers
144 hedge funds and large institutions have $695M invested in Cohen & Steers in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
4% more funds holding
Funds holding: 139 → 144 (+5)
0.22% more ownership
Funds ownership: 44.86% → 45.08% (+0.22%)
21% less capital invested
Capital invested by funds: $876M → $695M (-$181M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$9.93M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$6.47M |
| 3 |
Morgan Stanley
New York
|
+$4.92M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.71M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$17.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.94M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.58M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$6.27M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$3.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CEP
151
Chicago Equity Partners
Chicago,
Illinois
| – | -$1.07M | -25,150 | Closed |
|
|
SAM
152
Shell Asset Management
The Hague,
Netherlands
| – | -$865K | -20,240 | Closed |
|
|
BA
153
Boston Advisors
Boston,
Massachusetts
| – | -$596K | -13,930 | Closed |
|
154
UBS AM
Chicago,
Illinois
| – | -$363K | -8,500 | Closed |
|
|
TI
155
Trexquant Investment
Stamford,
Connecticut
| – | -$283K | -6,610 | Closed |
|
156
SG Americas Securities
New York
| – | -$160K | -3,747 | Closed |
|
157
SEI Investments
Oaks,
Pennsylvania
| – | -$41K | -953 | Closed |
|
158
Parallax Volatility Advisers
San Francisco,
California
| – | -$25K | -582 | Closed |
|
|
JIM
159
Jupiter Investment Management
London,
United Kingdom
| – | -$19K | -452 | Closed |
|
|
LAM
160
Lebenthal Asset Management
New York
| – | -$5K | -113 | Closed |
|
CNS Hedge Fund Activity: Q4 2016 in Review
144 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers (CNS) for Q4 2016, worth a combined $695M — down 21% from $876M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CNS positions and 16 closed out — a net gain of 7 holders — while 52 added to existing stakes and 45 trimmed.
The largest buyer was Perkins Investment Management, adding an estimated $9.93M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $17.7M sold.
- 144 institutional investors held Cohen & Steers (CNS) as of Q4 2016, up from 139 in Q3 2016.
- Funds reported $695M of Cohen & Steers stock for Q4 2016, down 21% quarter-over-quarter.
- 23 funds opened new Cohen & Steers positions in Q4 2016 and 16 closed out, a net change of +7 holders.
- The largest Cohen & Steers buyer in Q4 2016 was Perkins Investment Management, an estimated $9.93M added.
- The largest Cohen & Steers seller in Q4 2016 was OppenheimerFunds, an estimated $17.7M sold.
Based on aggregated 13F filings for Q4 2016.