Cohen & Steers Duration Preferred & Income Fund
LDP
72 hedge funds and large institutions have $123M invested in Cohen & Steers Duration Preferred & Income Fund in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 12 closing their positions.
0.61% less ownership
Funds ownership: 23.86% → 23.25% (-0.61%)
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
3% less funds holding
Funds holding: 74 → 72 (-2)
11% less capital invested
Capital invested by funds: $138M → $123M (-$15.4M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$1.47M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$577K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$349K |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
-$1.83M |
| 2 |
Morgan Stanley
New York
|
-$1.69M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.53M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.46M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
76
SeaCrest Wealth Management
Purchase,
New York
| – | -$53K | -2,695 | Closed |
|
|
CA
77
CoreCap Advisors
Southfield,
Michigan
| – | -$30K | -1,500 | Closed |
|
78
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$16.2K | -801 | -100% |
|
|
MCM
79
MV Capital Management
Bethesda,
Maryland
| – | -$16K | -800 | Closed |
|
|
JWM
80
Janiczek Wealth Management
Denver,
Colorado
| – | -$4K | -189 | Closed |
|
|
AF
81
Allworth Financial
Folsom,
California
| – | -$2K | -100 | Closed |
|
82
Fidelity Investments
Boston,
Massachusetts
| – | +$41 | +2 | New |
|
|
EWA
83
EverSource Wealth Advisors
Birmingham,
Alabama
| – | +$142 | +7 | New |
|
LDP Hedge Fund Activity: Q3 2022 in Review
72 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q3 2022, worth a combined $123M — down 11% from $138M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of LDP and 10 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 22 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $4M. The largest seller was Rockefeller Capital Management, cutting an estimated $1.83M.
- 72 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q3 2022, down from 74 in Q2 2022.
- Funds reported $123M of Cohen & Steers Duration Preferred & Income Fund stock for Q3 2022, down 11% quarter-over-quarter.
- 10 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q3 2022 and 12 closed out, a net change of -2 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q3 2022 was Penserra Capital Management, an estimated $4M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q3 2022 was Rockefeller Capital Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q3 2022.