Cohen & Steers Duration Preferred & Income Fund
LDP
38 hedge funds and large institutions have $130M invested in Cohen & Steers Duration Preferred & Income Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 8 closing their positions.
1% more capital invested
Capital invested by funds: $129M → $130M (+$946K)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
0.94% less ownership
Funds ownership: 19.55% → 18.61% (-0.94%)
12% less funds holding
Funds holding: 43 → 38 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.59M |
| 2 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
+$1.64M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$887K |
| 5 |
GBA
Garrison Bradford & Associates
New York
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$6.04M |
| 2 |
Morgan Stanley
New York
|
-$4.22M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.24M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$827K |
LDP Hedge Fund Activity: Q2 2016 in Review
38 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q2 2016, worth a combined $130M — up 0.73% from $129M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LDP and 3 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was UBS Group, adding an estimated $4.59M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $6.04M sold.
- 38 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q2 2016, down from 43 in Q1 2016.
- Funds reported $130M of Cohen & Steers Duration Preferred & Income Fund stock for Q2 2016, up 0.73% quarter-over-quarter.
- 3 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q2 2016 and 8 closed out, a net change of -5 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q2 2016 was UBS Group, an estimated $4.59M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $6.04M sold.
Based on aggregated 13F filings for Q2 2016.