Cohen & Steers Select Preferred & Income Fund
PSF
35 hedge funds and large institutions have $26.4M invested in Cohen & Steers Select Preferred & Income Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 4 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
9% more funds holding
Funds holding: 32 → 35 (+3)
4% more capital invested
Capital invested by funds: $25.4M → $26.4M (+$994K)
0.93% more ownership
Funds ownership: 7.62% → 8.55% (+0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.27M |
| 2 |
SG Americas Securities
New York
|
+$552K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$473K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$351K |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$279K |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$262K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$120K |
| 4 |
FA
Fagan Associates
Troy,
New York
|
-$87.9K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$15.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
26
SeaCrest Wealth Management
Purchase,
New York
| $93K | -$2.31K | -86 | -2% |
|
27
Citigroup
New York
| $81K | – | – | – |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $73K | +$75.8K | +2,825 | New |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $65K | +$8.05K | +300 | +14% |
|
|
SWP
30
Stratos Wealth Partners
Beachwood,
Ohio
| $52K | – | – | – |
|
|
RWP
31
RWA Wealth Partners
Newton,
Massachusetts
| $52K | +$53.7K | +2,000 | New |
|
|
WDL
32
Well Done LLC
Holland,
Michigan
| $22K | +$22.6K | +843 | New |
|
|
IWM
33
IHT Wealth Management
Chicago,
Illinois
| $20K | – | – | – |
|
|
FA
34
Fagan Associates
Troy,
New York
| $260 | -$87.9K | -3,276 | -25% |
|
|
CIA
35
Capital Investment Advisors
Atlanta,
Georgia
| – | -$262K | -9,280 | Closed |
|
|
BFEC
36
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$11K | -400 | Closed |
|
|
CA
37
Calton & Associates
Tampa,
Florida
| – | -$11K | -400 | Closed |
|
38
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$6K | -200 | Closed |
|
|
FEG
39
Financial Enhancement Group
Anderson,
Indiana
| – | +$107 | +4 | New |
|
PSF Hedge Fund Activity: Q1 2018 in Review
35 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q1 2018, worth a combined $26.4M — up 3.9% from $25.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PSF positions and 4 closed out — a net gain of 3 holders — while 16 added to existing stakes and 7 trimmed.
The largest buyer was UBS Group, adding an estimated $1.27M. The largest seller was Wells Fargo, cutting an estimated $279K.
- 35 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q1 2018, up from 32 in Q4 2017.
- Funds reported $26.4M of Cohen & Steers Select Preferred & Income Fund stock for Q1 2018, up 3.9% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q1 2018 and 4 closed out, a net change of +3 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q1 2018 was UBS Group, an estimated $1.27M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q1 2018 was Wells Fargo, an estimated $279K sold.
Based on aggregated 13F filings for Q1 2018.