Cohen & Steers Select Preferred & Income Fund
PSF
44 hedge funds and large institutions have $38.7M invested in Cohen & Steers Select Preferred & Income Fund in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 7 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
0.11% less ownership
Funds ownership: 14.06% → 13.95% (-0.11%)
4% less funds holding
Funds holding: 46 → 44 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
15% less capital invested
Capital invested by funds: $45.3M → $38.7M (-$6.61M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.94M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.36M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$926K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$3.34M |
| 2 |
Morgan Stanley
New York
|
-$978K |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$418K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$335K |
| 5 |
LPL Financial
San Diego,
California
|
-$320K |
PSF Hedge Fund Activity: Q1 2022 in Review
44 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q1 2022, worth a combined $38.7M — down 15% from $45.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PSF and 6 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 17 added.
The largest buyer was UBS Group, adding an estimated $1.94M. The largest seller was Kestra Private Wealth Services, cutting an estimated $3.34M.
- 44 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q1 2022, down from 46 in Q4 2021.
- Funds reported $38.7M of Cohen & Steers Select Preferred & Income Fund stock for Q1 2022, down 15% quarter-over-quarter.
- 6 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q1 2022 and 7 closed out, a net change of -1 holder.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q1 2022 was UBS Group, an estimated $1.94M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q1 2022 was Kestra Private Wealth Services, an estimated $3.34M sold.
Based on aggregated 13F filings for Q1 2022.