Cohen & Steers Duration Preferred & Income Fund
LDP
43 hedge funds and large institutions have $129M invested in Cohen & Steers Duration Preferred & Income Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 13 closing their positions.
4% more capital invested
Capital invested by funds: $125M → $129M (+$4.54M)
0.32% more ownership
Funds ownership: 19.23% → 19.55% (+0.32%)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
16% less funds holding
Funds holding: 51 → 43 (-8)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
+$5.71M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.78M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.16M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.08M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.02M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.78M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.16M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.12M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$976K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EML
51
Eos Management LP
New York
| – | -$434K | -19,270 | Closed |
|
52
Citadel Advisors
Miami,
Florida
| – | -$238K | -10,582 | Closed |
|
53
Wellington Management Group
Boston,
Massachusetts
| – | -$216K | -9,600 | Closed |
|
|
AIA
54
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$142K | -6,299 | Closed |
|
|
TJHA
55
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$131K | -5,800 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$32K | -1,439 | Closed |
|
LDP Hedge Fund Activity: Q1 2016 in Review
43 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q1 2016, worth a combined $129M — up 3.6% from $125M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of LDP and 5 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 15 added.
The largest buyer was Baldwin Wealth Partners, adding an estimated $5.71M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.02M sold.
- 43 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q1 2016, down from 51 in Q4 2015.
- Funds reported $129M of Cohen & Steers Duration Preferred & Income Fund stock for Q1 2016, up 3.6% quarter-over-quarter.
- 5 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q1 2016 and 13 closed out, a net change of -8 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q1 2016 was Baldwin Wealth Partners, an estimated $5.71M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q1 2016 was Laurion Capital Management, an estimated $2.02M sold.
Based on aggregated 13F filings for Q1 2016.