Cohen & Steers Duration Preferred & Income Fund
LDP
42 hedge funds and large institutions have $93.5M invested in Cohen & Steers Duration Preferred & Income Fund in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
40% more funds holding
Funds holding: 30 → 42 (+12)
0.42% more ownership
Funds ownership: 13.27% → 13.69% (+0.42%)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
5% less capital invested
Capital invested by funds: $98.8M → $93.5M (-$5.37M)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$5.6M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.4M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$2.2M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.41M |
| 5 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
+$1.3M |
Top Sellers
| 1 |
Barclays
London,
United Kingdom
|
-$6.89M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$971K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$644K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$222K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$131K |
LDP Hedge Fund Activity: Q4 2014 in Review
42 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q4 2014, worth a combined $93.5M — down 5.4% from $98.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new LDP positions and 3 closed out — a net gain of 14 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.6M. The largest seller was Barclays, exiting entirely with an estimated $6.89M sold.
- 42 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q4 2014, up from 30 in Q3 2014.
- Funds reported $93.5M of Cohen & Steers Duration Preferred & Income Fund stock for Q4 2014, down 5.4% quarter-over-quarter.
- 17 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q4 2014 and 3 closed out, a net change of +14 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q4 2014 was Morgan Stanley, an estimated $5.6M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q4 2014 was Barclays, an estimated $6.89M sold.
Based on aggregated 13F filings for Q4 2014.