Cohen & Steers Duration Preferred & Income Fund
LDP
43 hedge funds and large institutions have $155M invested in Cohen & Steers Duration Preferred & Income Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 5 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
8% more capital invested
Capital invested by funds: $143M → $155M (+$11.7M)
0.52% more ownership
Funds ownership: 19.59% → 20.12% (+0.52%)
2% less funds holding
Funds holding: 44 → 43 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.52M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.66M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.68M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$540K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$2.6M |
| 2 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$2.11M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.67M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$588K |
| 5 |
LPL Financial
San Diego,
California
|
-$561K |
LDP Hedge Fund Activity: Q2 2017 in Review
43 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q2 2017, worth a combined $155M — up 8.2% from $143M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LDP and 4 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 16 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $5.52M. The largest seller was Bessemer Group, cutting an estimated $2.6M.
- 43 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q2 2017, down from 44 in Q1 2017.
- Funds reported $155M of Cohen & Steers Duration Preferred & Income Fund stock for Q2 2017, up 8.2% quarter-over-quarter.
- 4 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q2 2017 and 5 closed out, a net change of -1 holder.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $5.52M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q2 2017 was Bessemer Group, an estimated $2.6M sold.
Based on aggregated 13F filings for Q2 2017.