Cohen & Steers Duration Preferred & Income Fund
LDP
41 hedge funds and large institutions have $159M invested in Cohen & Steers Duration Preferred & Income Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 6 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
2% more capital invested
Capital invested by funds: $155M → $159M (+$3.73M)
0.42% more ownership
Funds ownership: 20.12% → 20.54% (+0.42%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
5% less funds holding
Funds holding: 43 → 41 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$6.21M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.48M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.68M |
| 4 |
Morgan Stanley
New York
|
+$598K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.91M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.75M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$657K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$236K |
| 5 |
HCA
Harbour Capital Advisors
Tysons Corner,
Virginia
|
-$207K |
LDP Hedge Fund Activity: Q3 2017 in Review
41 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q3 2017, worth a combined $159M — up 2.4% from $155M a quarter earlier.
Fund positioning in LDP was balanced in Q3 2017: 6 funds opened new positions, 6 closed out, 16 added to existing stakes and 11 trimmed.
The largest buyer was Chicago Partners Investment Group, adding an estimated $6.21M. The largest seller was Bessemer Group, cutting an estimated $3.91M.
- 41 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q3 2017, down from 43 in Q2 2017.
- Funds reported $159M of Cohen & Steers Duration Preferred & Income Fund stock for Q3 2017, up 2.4% quarter-over-quarter.
- 6 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q3 2017 and 6 closed out, a net change of 0 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q3 2017 was Chicago Partners Investment Group, an estimated $6.21M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q3 2017 was Bessemer Group, an estimated $3.91M sold.
Based on aggregated 13F filings for Q3 2017.