Cohen & Steers Select Preferred & Income Fund
PSF
32 hedge funds and large institutions have $38.8M invested in Cohen & Steers Select Preferred & Income Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
10% more funds holding
Funds holding: 29 → 32 (+3)
9% more capital invested
Capital invested by funds: $35.5M → $38.8M (+$3.33M)
0.53% more ownership
Funds ownership: 10% → 10.54% (+0.53%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1M |
| 2 |
GF
Gerstein Fisher
New York
|
+$423K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$323K |
| 4 |
FA
Fagan Associates
Troy,
New York
|
+$283K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$410K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$337K |
| 3 |
GBA
Garrison Bradford & Associates
New York
|
-$185K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$67.3K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$51.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $53K | – | – | – |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $32K | – | – | – |
|
|
AIG
28
American International Group
New York
| $27.7K | +$14.4K | +545 | +109% |
|
|
GT
29
Glenmede Trust
Philadelphia,
Pennsylvania
| $26K | – | – | – |
|
|
RIA
30
Regal Investment Advisors
Kentwood,
Michigan
| $24K | +$23.8K | +902 | New |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $17K | +$17K | +644 | New |
|
32
Creative Planning
Overland Park,
Kansas
| $2K | +$1.56K | +59 | New |
|
|
BRWA
33
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$72 | -2,801 | Closed |
|
|
NPC
34
National Planning Corporation
El Segundo,
California
| – | -$23.4K | -900 | Closed |
|
|
LFR
35
Lehman Financial Resources
Media,
Pennsylvania
| – | -$5K | -200 | Closed |
|
|
BIM
36
BlackRock Investment Management
Wilmington,
Delaware
| – | -$5K | -187 | Closed |
|
37
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -94 | Closed |
|
PSF Hedge Fund Activity: Q1 2015 in Review
32 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q1 2015, worth a combined $38.8M — up 9.4% from $35.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PSF positions and 5 closed out — a net gain of 3 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $1M. The largest seller was Parametric Portfolio Associates, cutting an estimated $410K.
- 32 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q1 2015, up from 29 in Q4 2014.
- Funds reported $38.8M of Cohen & Steers Select Preferred & Income Fund stock for Q1 2015, up 9.4% quarter-over-quarter.
- 8 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q1 2015 and 5 closed out, a net change of +3 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q1 2015 was Deutsche Bank, an estimated $1M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q1 2015 was Parametric Portfolio Associates, an estimated $410K sold.
Based on aggregated 13F filings for Q1 2015.