Cohen & Steers Closed End Opportunity Fund
FOF
38 hedge funds and large institutions have $55M invested in Cohen & Steers Closed End Opportunity Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 3 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
0.3% more ownership
Funds ownership: 15.19% → 15.5% (+0.3%)
2% less capital invested
Capital invested by funds: $55.9M → $55M (-$934K)
3% less funds holding
Funds holding: 39 → 38 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$1.07M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$915K |
| 3 |
MFBTD
MB Financial Bank - Trust Department
Rosemont,
Illinois
|
+$704K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$394K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$147K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.25M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$388K |
| 3 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
-$170K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$156K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$152K |
FOF Hedge Fund Activity: Q3 2014 in Review
38 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Closed End Opportunity Fund (FOF) for Q3 2014, worth a combined $55M — down 1.7% from $55.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FOF and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 18 added.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $1.07M. The largest seller was Shaker Financial Services, cutting an estimated $1.25M.
- 38 institutional investors held Cohen & Steers Closed End Opportunity Fund (FOF) as of Q3 2014, down from 39 in Q2 2014.
- Funds reported $55M of Cohen & Steers Closed End Opportunity Fund stock for Q3 2014, down 1.7% quarter-over-quarter.
- 2 funds opened new Cohen & Steers Closed End Opportunity Fund positions in Q3 2014 and 3 closed out, a net change of -1 holder.
- The largest Cohen & Steers Closed End Opportunity Fund buyer in Q3 2014 was Virtu KCG Holdings, an estimated $1.07M added.
- The largest Cohen & Steers Closed End Opportunity Fund seller in Q3 2014 was Shaker Financial Services, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2014.