Cohen & Steers Select Preferred & Income Fund
PSF
46 hedge funds and large institutions have $46.9M invested in Cohen & Steers Select Preferred & Income Fund in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
0.98% less ownership
Funds ownership: 14.66% → 13.68% (-0.98%)
4% less funds holding
Funds holding: 48 → 46 (-2)
13% less capital invested
Capital invested by funds: $54M → $46.9M (-$7.15M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WESPAC Advisors
Orinda,
California
|
+$1.1M |
| 2 |
Morgan Stanley
New York
|
+$359K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$290K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$255K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.08M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$323K |
| 3 |
Goldman Sachs
New York
|
-$215K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$209K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$174K |
PSF Hedge Fund Activity: Q3 2021 in Review
46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2021, worth a combined $46.9M — down 13% from $54M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PSF and 5 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 16 added.
The largest buyer was WESPAC Advisors, adding an estimated $1.1M. The largest seller was Ameriprise, cutting an estimated $5.08M.
- 46 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2021, down from 48 in Q2 2021.
- Funds reported $46.9M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2021, down 13% quarter-over-quarter.
- 5 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2021 and 7 closed out, a net change of -2 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2021 was WESPAC Advisors, an estimated $1.1M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2021 was Ameriprise, an estimated $5.08M sold.
Based on aggregated 13F filings for Q3 2021.