Cohen & Steers
130 hedge funds and large institutions have $847M invested in Cohen & Steers in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 48 reducing their positions, and 26 closing their positions.
22% more capital invested
Capital invested by funds: $695M → $847M (+$151M)
0.68% more ownership
Funds ownership: 45.08% → 45.76% (+0.68%)
10% less funds holding
Funds holding: 144 → 130 (-14)
15% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 48
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
99% less call options, than puts
Call options by funds: $41K | Put options by funds: $4.29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$49.3M |
| 2 |
GTP
Global Thematic Partners
New York
|
+$19.7M |
| 3 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$14.4M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$8.18M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$6.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6M |
| 2 |
Morgan Stanley
New York
|
-$5.19M |
| 3 |
Renaissance Technologies
New York
|
-$4.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.93M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$2.96M |
CNS Hedge Fund Activity: Q1 2017 in Review
130 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers (CNS) for Q1 2017, worth a combined $847M — up 22% from $695M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CNS and 18 opened new positions — a net loss of 8 holders — while 48 trimmed existing stakes and 41 added.
The largest buyer was BlackRock, adding an estimated $49.3M. The largest seller was Millennium Management, exiting entirely with an estimated $6M sold.
- 130 institutional investors held Cohen & Steers (CNS) as of Q1 2017, down from 144 in Q4 2016.
- Funds reported $847M of Cohen & Steers stock for Q1 2017, up 22% quarter-over-quarter.
- 18 funds opened new Cohen & Steers positions in Q1 2017 and 26 closed out, a net change of -8 holders.
- The largest Cohen & Steers buyer in Q1 2017 was BlackRock, an estimated $49.3M added.
- The largest Cohen & Steers seller in Q1 2017 was Millennium Management, an estimated $6M sold.
Based on aggregated 13F filings for Q1 2017.