Cohen & Steers Select Preferred & Income Fund
PSF
38 hedge funds and large institutions have $35.3M invested in Cohen & Steers Select Preferred & Income Fund in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 36 → 38 (+2)
2% less capital invested
Capital invested by funds: $36.1M → $35.3M (-$779K)
1.09% less ownership
Funds ownership: 12.91% → 11.82% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$544K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$431K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$263K |
| 4 |
SG Americas Securities
New York
|
+$248K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.46M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$847K |
| 4 |
Morgan Stanley
New York
|
-$699K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$622K |
PSF Hedge Fund Activity: Q4 2015 in Review
38 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q4 2015, worth a combined $35.3M — down 2.2% from $36.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PSF positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, adding an estimated $544K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $1.46M sold.
- 38 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q4 2015, up from 36 in Q3 2015.
- Funds reported $35.3M of Cohen & Steers Select Preferred & Income Fund stock for Q4 2015, down 2.2% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q4 2015 and 5 closed out, a net change of +2 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q4 2015 was LPL Financial, an estimated $544K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q4 2015 was Curi RMB Capital, an estimated $1.46M sold.
Based on aggregated 13F filings for Q4 2015.