Cohen & Steers Duration Preferred & Income Fund
LDP
53 hedge funds and large institutions have $121M invested in Cohen & Steers Duration Preferred & Income Fund in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 6 reducing their positions, and 19 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 6
0.73% more ownership
Funds ownership: 19.64% → 20.38% (+0.73%)
17% less funds holding
Funds holding: 64 → 53 (-11)
19% less capital invested
Capital invested by funds: $149M → $121M (-$27.8M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$4.69M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.95M |
| 3 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$1.84M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.22M |
| 5 |
Morgan Stanley
New York
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
-$3.15M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.28M |
| 3 |
LWPC
Legacy Wealth Partners (California)
Calabasas,
California
|
-$683K |
| 4 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$556K |
| 5 |
MFG
Magnus Financial Group
New York
|
-$408K |
LDP Hedge Fund Activity: Q1 2020 in Review
53 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Duration Preferred & Income Fund (LDP) for Q1 2020, worth a combined $121M — down 19% from $149M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of LDP and 11 opened new positions — a net loss of 8 holders — while 6 trimmed existing stakes and 30 added.
The largest buyer was Bramshill Investments, opening a new position worth an estimated $4.69M. The largest seller was Baldwin Wealth Partners, cutting an estimated $3.15M.
- 53 institutional investors held Cohen & Steers Duration Preferred & Income Fund (LDP) as of Q1 2020, down from 64 in Q4 2019.
- Funds reported $121M of Cohen & Steers Duration Preferred & Income Fund stock for Q1 2020, down 19% quarter-over-quarter.
- 11 funds opened new Cohen & Steers Duration Preferred & Income Fund positions in Q1 2020 and 19 closed out, a net change of -8 holders.
- The largest Cohen & Steers Duration Preferred & Income Fund buyer in Q1 2020 was Bramshill Investments, an estimated $4.69M added.
- The largest Cohen & Steers Duration Preferred & Income Fund seller in Q1 2020 was Baldwin Wealth Partners, an estimated $3.15M sold.
Based on aggregated 13F filings for Q1 2020.