Cohen & Steers Closed End Opportunity Fund
FOF
46 hedge funds and large institutions have $45.6M invested in Cohen & Steers Closed End Opportunity Fund in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
12% more funds holding
Funds holding: 41 → 46 (+5)
2.41% more ownership
Funds ownership: 12.7% → 15.11% (+2.4%)
2% more capital invested
Capital invested by funds: $44.8M → $45.6M (+$806K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.18M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.95M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$711K |
| 4 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$215K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$855K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$458K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$246K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$188K |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFG
51
Citizens Financial Group
Providence,
Rhode Island
| – | -$13K | -1,000 | Closed |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$13K | -1,000 | Closed |
|
|
IP
53
Intellectus Partners
San Francisco,
California
| – | -$8K | -596 | Closed |
|
|
TPWA
54
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$6.58K | -508 | Closed |
|
FOF Hedge Fund Activity: Q4 2018 in Review
46 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Closed End Opportunity Fund (FOF) for Q4 2018, worth a combined $45.6M — up 1.8% from $44.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FOF positions and 8 closed out — a net gain of 5 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.18M. The largest seller was Bank of America, cutting an estimated $855K.
- 46 institutional investors held Cohen & Steers Closed End Opportunity Fund (FOF) as of Q4 2018, up from 41 in Q3 2018.
- Funds reported $45.6M of Cohen & Steers Closed End Opportunity Fund stock for Q4 2018, up 1.8% quarter-over-quarter.
- 13 funds opened new Cohen & Steers Closed End Opportunity Fund positions in Q4 2018 and 8 closed out, a net change of +5 holders.
- The largest Cohen & Steers Closed End Opportunity Fund buyer in Q4 2018 was Morgan Stanley, an estimated $4.18M added.
- The largest Cohen & Steers Closed End Opportunity Fund seller in Q4 2018 was Bank of America, an estimated $855K sold.
Based on aggregated 13F filings for Q4 2018.