Cohen & Steers Select Preferred & Income Fund
PSF
35 hedge funds and large institutions have $28.9M invested in Cohen & Steers Select Preferred & Income Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 5 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
5% more capital invested
Capital invested by funds: $27.4M → $28.9M (+$1.49M)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.06% less ownership
Funds ownership: 9.05% → 8.98% (-0.06%)
3% less funds holding
Funds holding: 36 → 35 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$898K |
| 2 |
GBA
Garrison Bradford & Associates
New York
|
+$879K |
| 3 |
Morgan Stanley
New York
|
+$432K |
| 4 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
+$248K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$752K |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$738K |
| 3 |
LPL Financial
San Diego,
California
|
-$446K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$372K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$315K |
PSF Hedge Fund Activity: Q2 2016 in Review
35 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q2 2016, worth a combined $28.9M — up 5.4% from $27.4M a quarter earlier.
Fund positioning in PSF was balanced in Q2 2016: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $898K. The largest seller was Invesco, cutting an estimated $752K.
- 35 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q2 2016, down from 36 in Q1 2016.
- Funds reported $28.9M of Cohen & Steers Select Preferred & Income Fund stock for Q2 2016, up 5.4% quarter-over-quarter.
- 5 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q2 2016 and 5 closed out, a net change of 0 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q2 2016 was Bank of America, an estimated $898K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q2 2016 was Invesco, an estimated $752K sold.
Based on aggregated 13F filings for Q2 2016.