Cohen & Steers Duration Preferred & Income Fund
LDP
55 hedge funds and large institutions have $158M invested in Cohen & Steers Duration Preferred & Income Fund in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 2 closing their positions.
700% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 2
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
34% more funds holding
Funds holding: 41 → 55 (+14)
0.46% more ownership
Funds ownership: 20.54% → 21% (+0.46%)
1% less capital invested
Capital invested by funds: $159M → $158M (-$831K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.26M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.3M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.86M |
| 4 |
Millennium Management
New York
|
+$633K |
| 5 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
+$581K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.79M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.05M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.9M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$372K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$330K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
1832 Asset Management
Toronto,
Ontario, Canada
| $21K | +$20.9K | +790 | New |
|
|
WAP
52
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $5K | – | – | – |
|
|
WAS
53
WESPAC Advisors SoCal
Pasadena,
California
| $5K | – | – | – |
|
|
SWP
54
Strategic Wealth Partners
Independence,
Ohio
| $3K | +$2.51K | +95 | New |
|
55
JP Morgan Chase
New York
| $2K | – | – | – |
|
|
56
Citadel Advisors
Miami,
Florida
| – | -$330K | -12,334 | Closed |
|
|
MPWT
57
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$138K | -5,160 | Closed |
|
LDP Hedge Fund Activity: Q4 2017 in Review
55 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q4 2017, worth a combined $158M — down 0.52% from $159M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new LDP positions and 2 closed out — a net gain of 14 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.26M. The largest seller was Bessemer Group, cutting an estimated $3.79M.
- 55 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q4 2017, up from 41 in Q3 2017.
- Funds reported $158M of Cohen & Steers Duration Preferred & Income Fund stock for Q4 2017, down 0.52% quarter-over-quarter.
- 16 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q4 2017 and 2 closed out, a net change of +14 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q4 2017 was Morgan Stanley, an estimated $3.26M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q4 2017 was Bessemer Group, an estimated $3.79M sold.
Based on aggregated 13F filings for Q4 2017.