Cohen & Steers Duration Preferred & Income Fund
LDP
53 hedge funds and large institutions have $137M invested in Cohen & Steers Duration Preferred & Income Fund in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 10 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
4% more capital invested
Capital invested by funds: $132M → $137M (+$5.19M)
0.04% more ownership
Funds ownership: 19.31% → 19.35% (+0.04%)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less funds holding
Funds holding: 54 → 53 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.48M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$519K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$444K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$425K |
| 5 |
CHA
Carmichael Hill & Associates
Gaithersburg,
Maryland
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.3M |
| 2 |
PFA
Pettinga Financial Advisors
Evansville,
Indiana
|
-$1.07M |
| 3 |
YWP
YorkBridge Wealth Partners
New York
|
-$623K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$458K |
| 5 |
GBA
Garrison Bradford & Associates
New York
|
-$237K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $5K | +$4.85K | +200 | New |
|
|
SWP
52
Strategic Wealth Partners
Independence,
Ohio
| $2K | – | – | – |
|
|
BRWM
53
B. Riley Wealth Management
Memphis,
Tennessee
| $1.83K | -$24K | -990 | -1% |
|
|
PFA
54
Pettinga Financial Advisors
Evansville,
Indiana
| – | -$1.07M | -45,175 | Closed |
|
|
PPA
55
Parametric Portfolio Associates
Seattle,
Washington
| – | -$458K | -19,333 | Closed |
|
|
GBA
56
Garrison Bradford & Associates
New York
| – | -$237K | -10,000 | Closed |
|
57
Creative Planning
Overland Park,
Kansas
| – | -$202K | -8,537 | Closed |
|
|
FIA
58
FNY Investment Advisers
New York
| – | -$157K | -6,666 | Closed |
|
|
SWM
59
SeaCrest Wealth Management
Purchase,
New York
| – | -$127K | -5,350 | Closed |
|
|
EWM
60
Endurance Wealth Management
Providence,
Rhode Island
| – | -$41K | -1,726 | Closed |
|
|
TA
61
TCG Advisors
Austin,
Texas
| – | -$6K | -241 | Closed |
|
|
ASN
62
Advisory Services Network
Atlanta,
Georgia
| – | -$582 | -24 | Closed |
|
LDP Hedge Fund Activity: Q2 2019 in Review
53 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q2 2019, worth a combined $137M — up 3.9% from $132M a quarter earlier.
Fund positioning in LDP was balanced in Q2 2019: 10 funds opened new positions, 10 closed out, 18 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.48M. The largest seller was Bank of America, cutting an estimated $1.3M.
- 53 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q2 2019, down from 54 in Q1 2019.
- Funds reported $137M of Cohen & Steers Duration Preferred & Income Fund stock for Q2 2019, up 3.9% quarter-over-quarter.
- 10 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q2 2019 and 10 closed out, a net change of 0 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q2 2019 was Morgan Stanley, an estimated $1.48M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q2 2019 was Bank of America, an estimated $1.3M sold.
Based on aggregated 13F filings for Q2 2019.