Cohen & Steers Select Preferred & Income Fund
PSF
32 hedge funds and large institutions have $28M invested in Cohen & Steers Select Preferred & Income Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
19% more funds holding
Funds holding: 27 → 32 (+5)
4% more capital invested
Capital invested by funds: $26.9M → $28M (+$1.11M)
0.41% more ownership
Funds ownership: 8.36% → 8.77% (+0.41%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ONB
Old National Bancorp
Evansville,
Indiana
|
+$424K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$406K |
| 3 |
ACI
Alpha Cubed Investments
Irvine,
California
|
+$304K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$254K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$194K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$98.9K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$92.3K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$89.3K |
| 5 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$54K |
PSF Hedge Fund Activity: Q3 2018 in Review
32 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2018, worth a combined $28M — up 4.1% from $26.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PSF positions and 2 closed out — a net gain of 5 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Old National Bancorp, opening a new position worth an estimated $424K. The largest seller was Bank of America, cutting an estimated $194K.
- 32 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2018, up from 27 in Q2 2018.
- Funds reported $28M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2018, up 4.1% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2018 and 2 closed out, a net change of +5 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2018 was Old National Bancorp, an estimated $424K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2018 was Bank of America, an estimated $194K sold.
Based on aggregated 13F filings for Q3 2018.