Cohen & Steers Duration Preferred & Income Fund
LDP
24 hedge funds and large institutions have $48.2M invested in Cohen & Steers Duration Preferred & Income Fund in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
20% more funds holding
Funds holding: 20 → 24 (+4)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
8% more capital invested
Capital invested by funds: $44.6M → $48.2M (+$3.57M)
0.59% more ownership
Funds ownership: 6.24% → 6.83% (+0.59%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.36M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$752K |
| 3 |
OM
Ospraie Management
New York
|
+$641K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$622K |
| 5 |
Barclays
London,
United Kingdom
|
+$617K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$764K |
| 2 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
-$435K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$288K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$157K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$50.4K |
LDP Hedge Fund Activity: Q3 2013 in Review
24 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q3 2013, worth a combined $48.2M — up 8% from $44.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LDP positions and 3 closed out — a net gain of 4 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Invesco, adding an estimated $1.36M. The largest seller was Morgan Stanley, cutting an estimated $764K.
- 24 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q3 2013, up from 20 in Q2 2013.
- Funds reported $48.2M of Cohen & Steers Duration Preferred & Income Fund stock for Q3 2013, up 8% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q3 2013 and 3 closed out, a net change of +4 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q3 2013 was Invesco, an estimated $1.36M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q3 2013 was Morgan Stanley, an estimated $764K sold.
Based on aggregated 13F filings for Q3 2013.