Cohen & Steers Closed End Opportunity Fund
FOF
40 hedge funds and large institutions have $52.3M invested in Cohen & Steers Closed End Opportunity Fund in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
12% more capital invested
Capital invested by funds: $46.8M → $52.3M (+$5.53M)
3% more funds holding
Funds holding: 39 → 40 (+1)
1.2% more ownership
Funds ownership: 13.12% → 14.32% (+1.2%)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$4.15M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$535K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$377K |
| 4 |
Morgan Stanley
New York
|
+$240K |
| 5 |
LPL Financial
San Diego,
California
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$347K |
| 2 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$219K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$144K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$136K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$60.4K |
FOF Hedge Fund Activity: Q4 2019 in Review
40 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Closed End Opportunity Fund (FOF) for Q4 2019, worth a combined $52.3M — up 12% from $46.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FOF positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $4.15M. The largest seller was Bank of America, cutting an estimated $347K.
- 40 institutional investors held Cohen & Steers Closed End Opportunity Fund (FOF) as of Q4 2019, up from 39 in Q3 2019.
- Funds reported $52.3M of Cohen & Steers Closed End Opportunity Fund stock for Q4 2019, up 12% quarter-over-quarter.
- 6 funds opened new Cohen & Steers Closed End Opportunity Fund positions in Q4 2019 and 4 closed out, a net change of +2 holders.
- The largest Cohen & Steers Closed End Opportunity Fund buyer in Q4 2019 was Independent Advisor Alliance, an estimated $4.15M added.
- The largest Cohen & Steers Closed End Opportunity Fund seller in Q4 2019 was Bank of America, an estimated $347K sold.
Based on aggregated 13F filings for Q4 2019.