Cohen & Steers Duration Preferred & Income Fund
LDP
34 hedge funds and large institutions have $97.3M invested in Cohen & Steers Duration Preferred & Income Fund in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 11 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
0.44% more ownership
Funds ownership: 14.23% → 14.67% (+0.44%)
4% less capital invested
Capital invested by funds: $101M → $97.3M (-$3.8M)
17% less funds holding
Funds holding: 41 → 34 (-7)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.5M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.48M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.39M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$781K |
| 5 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
+$740K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.7M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.18M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$834K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$552K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$526K |
LDP Hedge Fund Activity: Q2 2015 in Review
34 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q2 2015, worth a combined $97.3M — down 3.8% from $101M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of LDP and 5 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $1.5M. The largest seller was Invesco, cutting an estimated $1.7M.
- 34 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q2 2015, down from 41 in Q1 2015.
- Funds reported $97.3M of Cohen & Steers Duration Preferred & Income Fund stock for Q2 2015, down 3.8% quarter-over-quarter.
- 5 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q2 2015 and 11 closed out, a net change of -6 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q2 2015 was Morgan Stanley, an estimated $1.5M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q2 2015 was Invesco, an estimated $1.7M sold.
Based on aggregated 13F filings for Q2 2015.