Cohen & Steers Select Preferred & Income Fund
PSF
30 hedge funds and large institutions have $26M invested in Cohen & Steers Select Preferred & Income Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 8 closing their positions.
0.41% less ownership
Funds ownership: 8.08% → 7.67% (-0.41%)
5% less capital invested
Capital invested by funds: $27.5M → $26M (-$1.51M)
14% less funds holding
Funds holding: 35 → 30 (-5)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$561K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$227K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$218K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$203K |
| 5 |
ARMC
American Research & Management Company
Marion,
Massachusetts
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
-$410K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$354K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$354K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$332K |
| 5 |
Morgan Stanley
New York
|
-$287K |
PSF Hedge Fund Activity: Q3 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2017, worth a combined $26M — down 5.5% from $27.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PSF and 4 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Ameriprise, adding an estimated $561K. The largest seller was National Planning Corporation, exiting entirely with an estimated $410K sold.
- 30 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2017, down from 35 in Q2 2017.
- Funds reported $26M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2017, down 5.5% quarter-over-quarter.
- 4 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2017 and 8 closed out, a net change of -4 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2017 was Ameriprise, an estimated $561K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2017 was National Planning Corporation, an estimated $410K sold.
Based on aggregated 13F filings for Q3 2017.