Cohen & Steers Duration Preferred & Income Fund
LDP
63 hedge funds and large institutions have $146M invested in Cohen & Steers Duration Preferred & Income Fund in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 16 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.96% less ownership
Funds ownership: 31.06% → 25.1% (-6%)
12% less capital invested
Capital invested by funds: $167M → $146M (-$20.7M)
16% less funds holding
Funds holding: 75 → 63 (-12)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$6.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.79M |
| 3 |
CL
Choreo LLC
Rockford,
Illinois
|
+$583K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$577K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$36.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.52M |
| 3 |
MWM
Maltin Wealth Management
Ridgewood,
New Jersey
|
-$1.37M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.24M |
| 5 |
PFA
Pettinga Financial Advisors
Evansville,
Indiana
|
-$927K |
LDP Hedge Fund Activity: Q1 2024 in Review
63 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q1 2024, worth a combined $146M — down 12% from $167M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of LDP and 5 opened new positions — a net loss of 11 holders — while 19 trimmed existing stakes and 24 added.
The largest buyer was Atria Investments, opening a new position worth an estimated $6.1M. The largest seller was Morgan Stanley, cutting an estimated $36.4M.
- 63 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q1 2024, down from 75 in Q4 2023.
- Funds reported $146M of Cohen & Steers Duration Preferred & Income Fund stock for Q1 2024, down 12% quarter-over-quarter.
- 5 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q1 2024 and 16 closed out, a net change of -11 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q1 2024 was Atria Investments, an estimated $6.1M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $36.4M sold.
Based on aggregated 13F filings for Q1 2024.