Cohen & Steers Closed End Opportunity Fund
FOF
39 hedge funds and large institutions have $55.9M invested in Cohen & Steers Closed End Opportunity Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
3% more funds holding
Funds holding: 38 → 39 (+1)
3% less capital invested
Capital invested by funds: $57.8M → $55.9M (-$1.93M)
1.34% less ownership
Funds ownership: 16.53% → 15.19% (-1.3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$470K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$404K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$385K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$179K |
| 5 |
MFBTD
MB Financial Bank - Trust Department
Rosemont,
Illinois
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.16M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.6M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.22M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.22M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$419K |
FOF Hedge Fund Activity: Q2 2014 in Review
39 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Closed End Opportunity Fund (FOF) for Q2 2014, worth a combined $55.9M — down 3.3% from $57.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FOF positions and 2 closed out — a net gain of 1 holder — while 16 added to existing stakes and 13 trimmed.
The largest buyer was TFS Capital, adding an estimated $470K. The largest seller was Bank of America, cutting an estimated $2.16M.
- 39 institutional investors held Cohen & Steers Closed End Opportunity Fund (FOF) as of Q2 2014, up from 38 in Q1 2014.
- Funds reported $55.9M of Cohen & Steers Closed End Opportunity Fund stock for Q2 2014, down 3.3% quarter-over-quarter.
- 3 funds opened new Cohen & Steers Closed End Opportunity Fund positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest Cohen & Steers Closed End Opportunity Fund buyer in Q2 2014 was TFS Capital, an estimated $470K added.
- The largest Cohen & Steers Closed End Opportunity Fund seller in Q2 2014 was Bank of America, an estimated $2.16M sold.
Based on aggregated 13F filings for Q2 2014.