Cohen & Steers Duration Preferred & Income Fund
LDP
54 hedge funds and large institutions have $132M invested in Cohen & Steers Duration Preferred & Income Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 12 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
7% more capital invested
Capital invested by funds: $124M → $132M (+$8.2M)
0.35% less ownership
Funds ownership: 19.66% → 19.31% (-0.35%)
7% less funds holding
Funds holding: 58 → 54 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$1.07M |
| 2 |
MFG
Magnus Financial Group
New York
|
+$817K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$757K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$662K |
| 5 |
OAM
Orinda Asset Management
Lafayette,
California
|
+$491K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.62M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.59M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.08M |
| 4 |
Morgan Stanley
New York
|
-$1.07M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$495K |
LDP Hedge Fund Activity: Q1 2019 in Review
54 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q1 2019, worth a combined $132M — up 6.6% from $124M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of LDP and 8 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 22 added.
The largest buyer was Jefferies Group, opening a new position worth an estimated $1.07M. The largest seller was BlackRock, exiting entirely with an estimated $1.62M sold.
- 54 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q1 2019, down from 58 in Q4 2018.
- Funds reported $132M of Cohen & Steers Duration Preferred & Income Fund stock for Q1 2019, up 6.6% quarter-over-quarter.
- 8 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q1 2019 and 12 closed out, a net change of -4 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q1 2019 was Jefferies Group, an estimated $1.07M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q1 2019 was BlackRock, an estimated $1.62M sold.
Based on aggregated 13F filings for Q1 2019.