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Cohen & Steers Duration Preferred & Income Fund

55 hedge funds and large institutions have $137M invested in Cohen & Steers Duration Preferred & Income Fund in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

10% more funds holding

Funds holding: 5055 (+5)

0.06% less ownership

Funds ownership: 20.08%20.02% (-0.06%)

8% less capital invested

Capital invested by funds: $148M → $137M (-$11.3M)

11% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 18

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
55
Holders Change
+5
Holders Change %
+10%
% of All Funds
1.26%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
16
Reduced
18
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$32.3M +$1.3M +52,431 +4%
UBS Group
2
UBS Group
Switzerland
$30.9M -$522K -21,076 -2%
Bank of America
3
Bank of America
North Carolina
$18M +$305K +12,292 +2%
BWP
4
Baldwin Wealth Partners
Massachusetts
$13.8M -$5.6K -226 -0%
CPIG
5
Chicago Partners Investment Group
Illinois
$8.64M +$762K +30,753 +9%
Invesco
6
Invesco
Georgia
$7.48M +$93K +3,751 +1%
Bessemer Group
7
Bessemer Group
New Jersey
$2.78M -$4.89M -197,426 -63%
FFA
8
First Foundation Advisors
California
$2.48M -$150K -6,066 -6%
PPA
9
Parametric Portfolio Associates
Washington
$1.74M -$1.25M -50,279 -41%
KFBMI
10
Kentucky Farm Bureau Mutual Insurance
Kentucky
$1.43M
NMC
11
Nine Masts Capital
Hong Kong
$1.34M +$1.39M +56,200 New
CHA
12
Carmichael Hill & Associates
Maryland
$1.32M +$181K +7,310 +15%
Wells Fargo
13
Wells Fargo
California
$1.2M +$139K +5,615 +12%
RJA
14
Raymond James & Associates
Florida
$1.05M +$152K +6,146 +16%
AG
15
Advisor Group
Arizona
$1.03M -$23K -929 -2%
DA
16
Doliver Advisors
Texas
$897K +$934K +37,682 New
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$844K -$10.4K -420 -1%
BRF
18
B. Riley Financial
California
$816K +$24.9K +1,006 +3%
GIP
19
Greatmark Investment Partners
Georgia
$778K +$376K +15,155 +86%
WA
20
Winfield Associates
Ohio
$756K
PFA
21
Pathway Financial Advisors
Vermont
$742K +$384K +15,491 +89%
YWP
22
YorkBridge Wealth Partners
New York
$639K +$13.1K +530 +2%
HighTower Advisors
23
HighTower Advisors
Illinois
$545K -$19.4K -781 -3%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$533K -$35.7K -1,440 -6%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$452K -$20.6K -833 -4%

LDP Hedge Fund Activity: Q3 2018 in Review

55 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q3 2018, worth a combined $137M — down 7.6% from $148M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new LDP positions and 5 closed out — a net gain of 5 holders — while 16 added to existing stakes and 18 trimmed.

The largest buyer was Nine Masts Capital, opening a new position worth an estimated $1.39M. The largest seller was Bessemer Group, cutting an estimated $4.89M.

  • 55 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q3 2018, up from 50 in Q2 2018.
  • Funds reported $137M of Cohen & Steers Duration Preferred & Income Fund stock for Q3 2018, down 7.6% quarter-over-quarter.
  • 10 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q3 2018 and 5 closed out, a net change of +5 holders.
  • The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q3 2018 was Nine Masts Capital, an estimated $1.39M added.
  • The largest Cohen & Steers Duration Preferred & Income Fund seller in Q3 2018 was Bessemer Group, an estimated $4.89M sold.

Based on aggregated 13F filings for Q3 2018.