Cohen & Steers Duration Preferred & Income Fund
LDP
54 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, 17 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
10% more funds holding
Funds holding: 49 → 54 (+5)
0.02% more ownership
Funds ownership: 19.97% → 20% (+0.02%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
7% less capital invested
Capital invested by funds: $147M → $137M (-$10.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$1.39M |
| 2 |
Morgan Stanley
New York
|
+$1.3M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$934K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$762K |
| 5 |
Millennium Management
New York
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$4.89M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.25M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$522K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$201K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$150K |
LDP Hedge Fund Activity: Q3 2018 in Review
54 of the 4,391 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% from $147M 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 17 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.
- 54 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q3 2018, up from 49 in Q2 2018.
- Funds reported $137M of Cohen & Steers Duration Preferred & Income Fund stock for Q3 2018, down 7% 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.