Cohen & Steers Duration Preferred & Income Fund
LDP
64 hedge funds and large institutions have $149M invested in Cohen & Steers Duration Preferred & Income Fund in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
19% more funds holding
Funds holding: 54 → 64 (+10)
4% more capital invested
Capital invested by funds: $143M → $149M (+$5.89M)
0.3% more ownership
Funds ownership: 19.35% → 19.64% (+0.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.31M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$661K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$360K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$241K |
| 5 |
Goldman Sachs
New York
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.92M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$669K |
| 3 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$651K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$644K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$458K |
LDP Hedge Fund Activity: Q4 2019 in Review
64 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q4 2019, worth a combined $149M — up 4.1% from $143M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new LDP positions and 3 closed out — a net gain of 11 holders — while 23 added to existing stakes and 16 trimmed.
The largest buyer was UBS Group, adding an estimated $3.31M. The largest seller was Bank of America, cutting an estimated $1.92M.
- 64 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q4 2019, up from 54 in Q3 2019.
- Funds reported $149M of Cohen & Steers Duration Preferred & Income Fund stock for Q4 2019, up 4.1% quarter-over-quarter.
- 14 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q4 2019 and 3 closed out, a net change of +11 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q4 2019 was UBS Group, an estimated $3.31M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q4 2019 was Bank of America, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2019.