Cohen & Steers Select Preferred & Income Fund
PSF
36 hedge funds and large institutions have $27.3M invested in Cohen & Steers Select Preferred & Income Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 2 closing their positions.
171% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
3% more funds holding
Funds holding: 35 → 36 (+1)
0.5% less ownership
Funds ownership: 8.98% → 8.48% (-0.5%)
6% less capital invested
Capital invested by funds: $28.9M → $27.3M (-$1.64M)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $106K | +$80.1K | +2,900 | +276% |
|
|
ARMC
27
American Research & Management Company
Marion,
Massachusetts
| $89K | +$5.52K | +200 | +6% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $85K | – | – | – |
|
29
Citigroup
New York
| $83K | – | – | – |
|
30
Creative Planning
Overland Park,
Kansas
| $62K | +$41.4K | +1,500 | +188% |
|
31
Envestnet Asset Management
Chicago,
Illinois
| $43K | +$44.4K | +1,610 | New |
|
|
WA
32
WFG Advisors
Dallas,
Texas
| $32K | – | – | – |
|
|
BFEC
33
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | -$11K | -400 | -50% |
|
|
DADC
34
D.A. Davidson & Co
Great Falls,
Montana
| $10K | – | – | – |
|
|
PCM
35
Penserra Capital Management
Orinda,
California
| $4K | +$1.16K | +42 | +33% |
|
36
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | +$1.52K | +55 | +134% |
|
37
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$82K | -3,085 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$3K | -101 | Closed |
|
PSF Hedge Fund Activity: Q3 2016 in Review
36 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2016, worth a combined $27.3M — down 5.7% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PSF positions and 2 closed out — a net gain of 2 holders — while 19 added to existing stakes and 7 trimmed.
The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $520K. The largest seller was Invesco, cutting an estimated $280K.
- 36 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2016, up from 35 in Q2 2016.
- Funds reported $27.3M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2016, down 5.7% quarter-over-quarter.
- 4 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2016 and 2 closed out, a net change of +2 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2016 was United Capital Financial Advisors, an estimated $520K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2016 was Invesco, an estimated $280K sold.
Based on aggregated 13F filings for Q3 2016.