Cohen & Steers Select Preferred & Income Fund
PSF
27 hedge funds and large institutions have $34M invested in Cohen & Steers Select Preferred & Income Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 27 → 27 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.11% less ownership
Funds ownership: 11.94% → 11.83% (-0.11%)
9% less capital invested
Capital invested by funds: $37.2M → $34M (-$3.19M)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.31M |
| 2 |
OM
Ospraie Management
New York
|
+$497K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$389K |
| 4 |
Morgan Stanley
New York
|
+$183K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.32M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$952K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$476K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$287K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $12K | -$497 | -20 | -4% |
|
|
LFR
27
Lehman Financial Resources
Media,
Pennsylvania
| $5K | – | – | – |
|
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$287K | -11,073 | Closed |
|
|
HR
29
Howe & Rusling
Rochester,
New York
| – | -$65K | -1,895 | Closed |
|
PSF Hedge Fund Activity: Q3 2013 in Review
27 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2013, worth a combined $34M — down 8.6% from $37.2M a quarter earlier.
Fund positioning in PSF was balanced in Q3 2013: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 15 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $2.31M. The largest seller was Invesco, cutting an estimated $1.32M.
- 27 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $34M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2013, down 8.6% quarter-over-quarter.
- 2 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2013 and 2 closed out, a net change of 0 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2013 was Deutsche Bank, an estimated $2.31M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2013 was Invesco, an estimated $1.32M sold.
Based on aggregated 13F filings for Q3 2013.