Cohen & Steers Select Preferred & Income Fund
PSF
43 hedge funds and large institutions have $24.7M invested in Cohen & Steers Select Preferred & Income Fund in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 6 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
1.55% less ownership
Funds ownership: 12.99% → 11.43% (-1.6%)
2% less funds holding
Funds holding: 44 → 43 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
22% less capital invested
Capital invested by funds: $31.8M → $24.7M (-$7.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$573K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$330K |
| 3 |
LPL Financial
San Diego,
California
|
+$132K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$107K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.85M |
| 2 |
WA
WESPAC Advisors
Orinda,
California
|
-$1.31M |
| 3 |
Morgan Stanley
New York
|
-$495K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$343K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$265K |
PSF Hedge Fund Activity: Q3 2022 in Review
43 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2022, worth a combined $24.7M — down 22% from $31.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PSF and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 12 added.
The largest buyer was Logan Stone Capital, opening a new position worth an estimated $573K. The largest seller was Bank of America, cutting an estimated $1.85M.
- 43 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2022, down from 44 in Q2 2022.
- Funds reported $24.7M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2022, down 22% quarter-over-quarter.
- 5 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2022 and 6 closed out, a net change of -1 holder.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2022 was Logan Stone Capital, an estimated $573K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2022 was Bank of America, an estimated $1.85M sold.
Based on aggregated 13F filings for Q3 2022.