Cohen & Steers Closed End Opportunity Fund
FOF
39 hedge funds and large institutions have $46.8M invested in Cohen & Steers Closed End Opportunity Fund in 2019 Q3 according to their latest regulatory filings, with 4 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
0.56% less ownership
Funds ownership: 13.69% → 13.12% (-0.56%)
2% less capital invested
Capital invested by funds: $47.6M → $46.8M (-$858K)
3% less funds holding
Funds holding: 40 → 39 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$632K |
| 2 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
+$193K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$189K |
| 4 |
LPL Financial
San Diego,
California
|
+$141K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.52M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$746K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$448K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$250K |
| 5 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$231K |
FOF Hedge Fund Activity: Q3 2019 in Review
39 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Closed End Opportunity Fund (FOF) for Q3 2019, worth a combined $46.8M — down 1.8% from $47.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FOF and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 17 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $632K. The largest seller was UBS Group, cutting an estimated $1.52M.
- 39 institutional investors held Cohen & Steers Closed End Opportunity Fund (FOF) as of Q3 2019, down from 40 in Q2 2019.
- Funds reported $46.8M of Cohen & Steers Closed End Opportunity Fund stock for Q3 2019, down 1.8% quarter-over-quarter.
- 4 funds opened new Cohen & Steers Closed End Opportunity Fund positions in Q3 2019 and 5 closed out, a net change of -1 holder.
- The largest Cohen & Steers Closed End Opportunity Fund buyer in Q3 2019 was Commonwealth Equity Services, an estimated $632K added.
- The largest Cohen & Steers Closed End Opportunity Fund seller in Q3 2019 was UBS Group, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2019.