Cohen & Steers Duration Preferred & Income Fund
LDP
67 hedge funds and large institutions have $119M invested in Cohen & Steers Duration Preferred & Income Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 9 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0% less capital invested
Capital invested by funds: $120M → $119M (-$323K)
0.62% less ownership
Funds ownership: 23.18% → 22.56% (-0.62%)
1% less funds holding
Funds holding: 68 → 67 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.48M |
| 2 |
GIP
Greatmark Investment Partners
Columbus,
Georgia
|
+$431K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$429K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$388K |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$4.31M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$830K |
| 3 |
MWM
Maltin Wealth Management
Ridgewood,
New Jersey
|
-$734K |
| 4 |
CHA
Carmichael Hill & Associates
Gaithersburg,
Maryland
|
-$525K |
| 5 |
Jane Street
New York
|
-$463K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| – | -$36 | -2 | Closed |
|
LDP Hedge Fund Activity: Q2 2023 in Review
67 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q2 2023, worth a combined $119M — down 0.27% from $120M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of LDP and 8 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $1.48M. The largest seller was Bramshill Investments, cutting an estimated $4.31M.
- 67 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q2 2023, down from 68 in Q1 2023.
- Funds reported $119M of Cohen & Steers Duration Preferred & Income Fund stock for Q2 2023, down 0.27% quarter-over-quarter.
- 8 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q2 2023 and 9 closed out, a net change of -1 holder.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q2 2023 was Morgan Stanley, an estimated $1.48M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q2 2023 was Bramshill Investments, an estimated $4.31M sold.
Based on aggregated 13F filings for Q2 2023.