Cohen & Steers Select Preferred & Income Fund
PSF
29 hedge funds and large institutions have $35.5M invested in Cohen & Steers Select Preferred & Income Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
7% more capital invested
Capital invested by funds: $33.3M → $35.5M (+$2.2M)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
0.84% less ownership
Funds ownership: 10.85% → 10% (-0.84%)
3% less funds holding
Funds holding: 30 → 29 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$531K |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$530K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$488K |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$112K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$72.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.94M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$872K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$660K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$649K |
| 5 |
CA
CapWealth Advisors
Franklin,
Tennessee
|
-$345K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFR
26
Lehman Financial Resources
Media,
Pennsylvania
| $5K | – | – | – |
|
|
BIM
27
BlackRock Investment Management
Wilmington,
Delaware
| $5K | +$4.87K | +187 | New |
|
28
US Bancorp
Minneapolis,
Minnesota
| $2K | +$2.45K | +94 | New |
|
|
BRWA
29
B. Riley Wealth Advisors
Boca Raton,
Florida
| $72 | +$72.9K | +2,801 | New |
|
|
30
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$1.94M | -75,600 | Closed |
|
|
31
AQR Capital Management
Greenwich,
Connecticut
| – | -$649K | -25,382 | Closed |
|
|
CA
32
CapWealth Advisors
Franklin,
Tennessee
| – | -$345K | -13,500 | Closed |
|
|
DD
33
Dominick & Dominick
New York
| – | -$257K | -10,056 | Closed |
|
|
NFG
34
Next Financial Group
Houston,
Texas
| – | -$86K | -3,350 | Closed |
|
35
Barclays
London,
United Kingdom
| – | -$18K | -700 | Closed |
|
PSF Hedge Fund Activity: Q4 2014 in Review
29 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q4 2014, worth a combined $35.5M — up 6.6% from $33.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PSF positions and 6 closed out — a net gain of 1 holder — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $531K. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $1.94M sold.
- 29 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q4 2014, down from 30 in Q3 2014.
- Funds reported $35.5M of Cohen & Steers Select Preferred & Income Fund stock for Q4 2014, up 6.6% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q4 2014 and 6 closed out, a net change of +1 holder.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q4 2014 was Morgan Stanley, an estimated $531K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $1.94M sold.
Based on aggregated 13F filings for Q4 2014.