Cohen & Steers Select Preferred & Income Fund
PSF
33 hedge funds and large institutions have $29.7M invested in Cohen & Steers Select Preferred & Income Fund in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
23% more capital invested
Capital invested by funds: $24.1M → $29.7M (+$5.63M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more funds holding
Funds holding: 32 → 33 (+1)
0.97% more ownership
Funds ownership: 9.07% → 10.04% (+0.97%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WESPAC Advisors
Orinda,
California
|
+$1.23M |
| 2 |
PWA
Physician Wealth Advisors
Midvale,
Utah
|
+$598K |
| 3 |
Morgan Stanley
New York
|
+$569K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$517K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$436K |
| 2 |
KOMWMG
Kerntke Otto McGlone Wealth Management Group
Appleton,
Wisconsin
|
-$297K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$227K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$125K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$53K |
PSF Hedge Fund Activity: Q2 2020 in Review
33 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q2 2020, worth a combined $29.7M — up 23% from $24.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PSF positions and 7 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was WESPAC Advisors, opening a new position worth an estimated $1.23M. The largest seller was Wedbush Securities, exiting entirely with an estimated $436K sold.
- 33 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q2 2020, up from 32 in Q1 2020.
- Funds reported $29.7M of Cohen & Steers Select Preferred & Income Fund stock for Q2 2020, up 23% quarter-over-quarter.
- 8 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q2 2020 and 7 closed out, a net change of +1 holder.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q2 2020 was WESPAC Advisors, an estimated $1.23M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q2 2020 was Wedbush Securities, an estimated $436K sold.
Based on aggregated 13F filings for Q2 2020.