Cohen & Steers Duration Preferred & Income Fund
LDP
58 hedge funds and large institutions have $124M invested in Cohen & Steers Duration Preferred & Income Fund in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
7% more funds holding
Funds holding: 54 → 58 (+4)
0.34% less ownership
Funds ownership: 20% → 19.66% (-0.34%)
10% less capital invested
Capital invested by funds: $137M → $124M (-$13.1M)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.43M |
| 2 |
BlackRock
New York
|
+$1.66M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.5M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.38M |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.09M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.08M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$2.78M |
| 4 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
-$2.11M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.34M |
LDP Hedge Fund Activity: Q4 2018 in Review
58 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q4 2018, worth a combined $124M — down 9.6% from $137M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new LDP positions and 12 closed out — a net gain of 4 holders — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.43M. The largest seller was Morgan Stanley, cutting an estimated $4.09M.
- 58 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q4 2018, up from 54 in Q3 2018.
- Funds reported $124M of Cohen & Steers Duration Preferred & Income Fund stock for Q4 2018, down 9.6% quarter-over-quarter.
- 16 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q4 2018 and 12 closed out, a net change of +4 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q4 2018 was Wells Fargo, an estimated $2.43M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q4 2018 was Morgan Stanley, an estimated $4.09M sold.
Based on aggregated 13F filings for Q4 2018.