Cohen & Steers Closed End Opportunity Fund
FOF
38 hedge funds and large institutions have $57.8M invested in Cohen & Steers Closed End Opportunity Fund in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 5 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $53.6M → $57.8M (+$4.18M)
3% more funds holding
Funds holding: 37 → 38 (+1)
0.98% more ownership
Funds ownership: 15.56% → 16.53% (+0.98%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.78M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.41M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.18M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.03M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$980K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Cahill Financial Advisors
Edina,
Minnesota
|
-$2.92M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$845K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$666K |
| 5 |
SG Americas Securities
New York
|
-$496K |
FOF Hedge Fund Activity: Q1 2014 in Review
38 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Closed End Opportunity Fund (FOF) for Q1 2014, worth a combined $57.8M — up 7.8% from $53.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FOF positions and 5 closed out — a net gain of 1 holder — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Bank of America, adding an estimated $3.78M. The largest seller was Cahill Financial Advisors, cutting an estimated $2.92M.
- 38 institutional investors held Cohen & Steers Closed End Opportunity Fund (FOF) as of Q1 2014, up from 37 in Q4 2013.
- Funds reported $57.8M of Cohen & Steers Closed End Opportunity Fund stock for Q1 2014, up 7.8% quarter-over-quarter.
- 6 funds opened new Cohen & Steers Closed End Opportunity Fund positions in Q1 2014 and 5 closed out, a net change of +1 holder.
- The largest Cohen & Steers Closed End Opportunity Fund buyer in Q1 2014 was Bank of America, an estimated $3.78M added.
- The largest Cohen & Steers Closed End Opportunity Fund seller in Q1 2014 was Cahill Financial Advisors, an estimated $2.92M sold.
Based on aggregated 13F filings for Q1 2014.