Cohen & Steers Select Preferred & Income Fund
PSF
27 hedge funds and large institutions have $26.9M invested in Cohen & Steers Select Preferred & Income Fund in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 10 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
2% more capital invested
Capital invested by funds: $26.4M → $26.9M (+$454K)
0.19% less ownership
Funds ownership: 8.55% → 8.36% (-0.19%)
23% less funds holding
Funds holding: 35 → 27 (-8)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.17M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$286K |
| 3 |
Morgan Stanley
New York
|
+$209K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$122K |
| 5 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$535K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$459K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$288K |
| 4 |
VCWA
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
-$268K |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$254K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
26
Centaurus Financial
Anaheim,
California
| $13K | +$13.1K | +500 | New |
|
|
27
SG Americas Securities
New York
| – | -$535K | -20,561 | Closed |
|
|
DA
28
Doliver Advisors
Houston,
Texas
| – | -$459K | -17,638 | Closed |
|
|
29
MML Investors Services
Springfield,
Massachusetts
| – | -$288K | -11,078 | Closed |
|
|
VCWA
30
Vanguard Capital Wealth Advisors
Denver,
Colorado
| – | -$268K | -10,400 | Closed |
|
|
FA
31
Fagan Associates
Troy,
New York
| – | -$260 | -9,975 | Closed |
|
|
JMPWA
32
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$254K | -9,774 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$73K | -2,825 | Closed |
|
|
SWP
34
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$52K | -2,000 | Closed |
|
|
WDL
35
Well Done LLC
Holland,
Michigan
| – | -$22K | -843 | Closed |
|
|
IWM
36
IHT Wealth Management
Chicago,
Illinois
| – | -$20K | -765 | Closed |
|
PSF Hedge Fund Activity: Q2 2018 in Review
27 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q2 2018, worth a combined $26.9M — up 1.7% from $26.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PSF and 2 opened new positions — a net loss of 8 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was UBS Group, adding an estimated $1.17M. The largest seller was SG Americas Securities, exiting entirely with an estimated $535K sold.
- 27 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q2 2018, down from 35 in Q1 2018.
- Funds reported $26.9M of Cohen & Steers Select Preferred & Income Fund stock for Q2 2018, up 1.7% quarter-over-quarter.
- 2 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q2 2018 and 10 closed out, a net change of -8 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q2 2018 was UBS Group, an estimated $1.17M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q2 2018 was SG Americas Securities, an estimated $535K sold.
Based on aggregated 13F filings for Q2 2018.