Cohen & Steers Select Preferred & Income Fund
PSF
32 hedge funds and large institutions have $24.1M invested in Cohen & Steers Select Preferred & Income Fund in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 10 closing their positions.
0.48% less ownership
Funds ownership: 9.55% → 9.07% (-0.48%)
24% less funds holding
Funds holding: 42 → 32 (-10)
33% less capital invested
Capital invested by funds: $36.1M → $24.1M (-$12M)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
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
|
+$1.4M |
| 2 |
Morgan Stanley
New York
|
+$380K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$370K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$293K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$77.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GBA
Garrison Bradford & Associates
New York
|
-$973K |
| 2 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$492K |
| 3 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$487K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$409K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$368K |
PSF Hedge Fund Activity: Q1 2020 in Review
32 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q1 2020, worth a combined $24.1M — down 33% from $36.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PSF and 2 opened new positions — a net loss of 8 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was UBS Group, adding an estimated $1.4M. The largest seller was Garrison Bradford & Associates, exiting entirely with an estimated $973K sold.
- 32 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q1 2020, down from 42 in Q4 2019.
- Funds reported $24.1M of Cohen & Steers Select Preferred & Income Fund stock for Q1 2020, down 33% quarter-over-quarter.
- 2 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q1 2020 and 10 closed out, a net change of -8 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q1 2020 was UBS Group, an estimated $1.4M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q1 2020 was Garrison Bradford & Associates, an estimated $973K sold.
Based on aggregated 13F filings for Q1 2020.