Cohen & Steers Duration Preferred & Income Fund
LDP
52 hedge funds and large institutions have $149M invested in Cohen & Steers Duration Preferred & Income Fund in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 8 closing their positions.
0.71% less ownership
Funds ownership: 21% → 20.29% (-0.71%)
5% less capital invested
Capital invested by funds: $158M → $149M (-$8.52M)
5% less funds holding
Funds holding: 55 → 52 (-3)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$888K |
| 2 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
+$651K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$491K |
| 4 |
GIP
Greatmark Investment Partners
Columbus,
Georgia
|
+$433K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.27M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.83M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.36M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$751K |
| 5 |
Millennium Management
New York
|
-$625K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IA
51
1834 Investment Advisors
Milwaukee,
Wisconsin
| $5K | +$5.12K | +200 | New |
|
|
SWP
52
Strategic Wealth Partners
Independence,
Ohio
| $2K | – | – | – |
|
|
SFS
53
Shaker Financial Services
Arlington,
Virginia
| – | -$2.27M | -87,217 | Closed |
|
|
RCM
54
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.83M | -70,289 | Closed |
|
|
55
Millennium Management
New York
| – | -$625K | -23,964 | Closed |
|
56
SG Americas Securities
New York
| – | -$463K | -17,756 | Closed |
|
57
Squarepoint
New York
| – | -$361K | -13,861 | Closed |
|
|
AW
58
ACG Wealth
Atlanta,
Georgia
| – | -$355K | -13,618 | Closed |
|
|
CRC
59
Curi RMB Capital
Chicago,
Illinois
| – | -$321K | -12,324 | Closed |
|
|
WAM
60
Weiss Asset Management
Boston,
Massachusetts
| – | -$223K | -8,548 | Closed |
|
LDP Hedge Fund Activity: Q1 2018 in Review
52 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q1 2018, worth a combined $149M — down 5.4% from $158M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LDP and 5 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 15 added.
The largest buyer was UBS Group, adding an estimated $888K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.27M sold.
- 52 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q1 2018, down from 55 in Q4 2017.
- Funds reported $149M of Cohen & Steers Duration Preferred & Income Fund stock for Q1 2018, down 5.4% quarter-over-quarter.
- 5 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q1 2018 and 8 closed out, a net change of -3 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q1 2018 was UBS Group, an estimated $888K added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q1 2018 was Shaker Financial Services, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2018.