Cohen & Steers Duration Preferred & Income Fund
LDP
34 hedge funds and large institutions have $67.3M invested in Cohen & Steers Duration Preferred & Income Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
17% more funds holding
Funds holding: 29 → 34 (+5)
14% more capital invested
Capital invested by funds: $59.3M → $67.3M (+$8.03M)
0.77% more ownership
Funds ownership: 9.07% → 9.84% (+0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$2.55M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.4M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.13M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$886K |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$867K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.13M |
| 2 |
ACI
Alpha Cubed Investments
Irvine,
California
|
-$990K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$466K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$393K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$358K |
LDP Hedge Fund Activity: Q1 2014 in Review
34 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q1 2014, worth a combined $67.3M — up 14% from $59.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LDP positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was UBS, adding an estimated $2.55M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.13M.
- 34 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q1 2014, up from 29 in Q4 2013.
- Funds reported $67.3M of Cohen & Steers Duration Preferred & Income Fund stock for Q1 2014, up 14% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q1 2014 and 2 closed out, a net change of +5 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q1 2014 was UBS, an estimated $2.55M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q1 2014 was Rivernorth Capital Management, an estimated $3.13M sold.
Based on aggregated 13F filings for Q1 2014.