Cohen & Steers Duration Preferred & Income Fund
LDP
74 hedge funds and large institutions have $143M invested in Cohen & Steers Duration Preferred & Income Fund in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
16% more capital invested
Capital invested by funds: $123M → $143M (+$19.9M)
3% more funds holding
Funds holding: 72 → 74 (+2)
2.34% more ownership
Funds ownership: 23.25% → 25.59% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.09M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.99M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.42M |
| 4 |
Cerity Partners
New York
|
+$1.35M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$1.31M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$657K |
| 3 |
Rockefeller Capital Management
New York
|
-$560K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$401K |
| 5 |
AU
Algebris (UK)
London,
United Kingdom
|
-$370K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$183K | -10,108 | Closed |
|
|
S
77
SignatureFD
Atlanta,
Georgia
| – | -$103K | -5,689 | Closed |
|
|
WAM
78
Worth Asset Management
Dallas,
Texas
| – | -$62K | -3,405 | Closed |
|
|
WT
79
Whittier Trust
South Pasadena,
California
| – | -$28K | -1,572 | Closed |
|
80
Citigroup
New York
| – | -$8K | -430 | Closed |
|
81
US Bancorp
Minneapolis,
Minnesota
| – | -$7K | -391 | Closed |
|
|
EIP
82
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$6K | -356 | Closed |
|
|
HNWAG
83
High Net Worth Advisory Group
Naples,
Florida
| – | -$6K | -338 | Closed |
|
|
GI
84
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -40 | Closed |
|
LDP Hedge Fund Activity: Q4 2022 in Review
74 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q4 2022, worth a combined $143M — up 16% from $123M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new LDP positions and 11 closed out — a net gain of 4 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.09M. The largest seller was Western Wealth Management, exiting entirely with an estimated $1.31M sold.
- 74 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q4 2022, up from 72 in Q3 2022.
- Funds reported $143M of Cohen & Steers Duration Preferred & Income Fund stock for Q4 2022, up 16% quarter-over-quarter.
- 15 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q4 2022 and 11 closed out, a net change of +4 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q4 2022 was Morgan Stanley, an estimated $4.09M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q4 2022 was Western Wealth Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q4 2022.