Cohen & Steers Duration Preferred & Income Fund
LDP
50 hedge funds and large institutions have $148M invested in Cohen & Steers Duration Preferred & Income Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 8 closing their positions.
0.21% less ownership
Funds ownership: 20.29% → 20.08% (-0.21%)
1% less capital invested
Capital invested by funds: $149M → $148M (-$853K)
4% less funds holding
Funds holding: 52 → 50 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
+$2.31M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.25M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.15M |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$787K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$317K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.3M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.83M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.29M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$495K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$490K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$490K | -19,208 | Closed |
|
|
KSCM
52
Kamunting Street Capital Management
Miami Beach,
Florida
| – | -$397K | -15,546 | Closed |
|
|
DA
53
Doliver Advisors
Houston,
Texas
| – | -$307K | -12,037 | Closed |
|
|
RJFSA
54
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$208K | -8,148 | Closed |
|
|
SWP
55
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$26K | -1,001 | Closed |
|
56
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$20K | -790 | Closed |
|
|
1IA
57
1834 Investment Advisors
Milwaukee,
Wisconsin
| – | -$5K | -200 | Closed |
|
|
WAS
58
WESPAC Advisors SoCal
Pasadena,
California
| – | -$5K | -200 | Closed |
|
LDP Hedge Fund Activity: Q2 2018 in Review
50 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q2 2018, worth a combined $148M — down 0.57% from $149M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LDP and 7 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 14 added.
The largest buyer was Baldwin Wealth Partners, adding an estimated $2.31M. The largest seller was Morgan Stanley, cutting an estimated $2.3M.
- 50 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q2 2018, down from 52 in Q1 2018.
- Funds reported $148M of Cohen & Steers Duration Preferred & Income Fund stock for Q2 2018, down 0.57% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q2 2018 and 8 closed out, a net change of -1 holder.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q2 2018 was Baldwin Wealth Partners, an estimated $2.31M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q2 2018 was Morgan Stanley, an estimated $2.3M sold.
Based on aggregated 13F filings for Q2 2018.