Cohen & Steers Select Preferred & Income Fund
PSF
30 hedge funds and large institutions have $33.3M invested in Cohen & Steers Select Preferred & Income Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 29 → 30 (+1)
1% more capital invested
Capital invested by funds: $33M → $33.3M (+$250K)
0.42% more ownership
Funds ownership: 10.43% → 10.85% (+0.42%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$1.98M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.96M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$693K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$416K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.29M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$818K |
| 3 |
Morgan Stanley
New York
|
-$678K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$389K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$360K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
26
Glenmede Trust
Philadelphia,
Pennsylvania
| $25K | – | – | – |
|
27
Barclays
London,
United Kingdom
| $18K | +$18.1K | +700 | New |
|
|
AIG
28
American International Group
New York
| $12.8K | – | – | – |
|
|
GSC
29
Ground Swell Capital
Folly Beach,
South Carolina
| $8K | +$7.64K | +295 | New |
|
|
LFR
30
Lehman Financial Resources
Media,
Pennsylvania
| $5K | – | – | – |
|
|
MIG
31
Mariner Investment Group
Harrison,
New York
| – | -$389K | -14,734 | Closed |
|
|
RJA
32
Raymond James & Associates
St Petersburg,
Florida
| – | -$360K | -13,612 | Closed |
|
|
BRWA
33
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$72.9K | -2,758 | Closed |
|
PSF Hedge Fund Activity: Q3 2014 in Review
30 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2014, worth a combined $33.3M — up 0.76% from $33M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PSF positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 11 trimmed.
The largest buyer was UBS, adding an estimated $1.98M. The largest seller was Guggenheim Capital, cutting an estimated $1.29M.
- 30 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2014, up from 29 in Q2 2014.
- Funds reported $33.3M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2014, up 0.76% quarter-over-quarter.
- 4 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2014 and 3 closed out, a net change of +1 holder.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2014 was UBS, an estimated $1.98M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2014 was Guggenheim Capital, an estimated $1.29M sold.
Based on aggregated 13F filings for Q3 2014.