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Cohen & Steers Select Preferred & Income Fund

42 hedge funds and large institutions have $27.5M invested in Cohen & Steers Select Preferred & Income Fund in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.3% less ownership

Funds ownership: 12.92%12.62% (-0.3%)

6% less capital invested

Capital invested by funds: $29.1M → $27.5M (-$1.65M)

7% less funds holding

Funds holding: 4542 (-3)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

27% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 15

Holders
42
Holders Change
-3
Holders Change %
-6.67%
% of All Funds
0.67%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
11
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NW
26
NewEdge Wealth
Pennsylvania
$219K
BWP
27
Baldwin Wealth Partners
Massachusetts
$216K -$24.2K -1,200 -9%
Cerity Partners
28
Cerity Partners
New York
$212K
KPWS
29
Kestra Private Wealth Services
Texas
$212K -$9.42K -468 -4%
Wells Fargo
30
Wells Fargo
California
$189K -$41.3K -2,051 -16%
HCP
31
Hexagon Capital Partners
Arkansas
$109K
JP Morgan Chase
32
JP Morgan Chase
New York
$37K +$41.5K +2,060 New
HNB
33
Huntington National Bank
Ohio
$36.2K
GWSG
34
GPS Wealth Strategies Group
Colorado
$36.2K +$40.3K +2,000 New
Northwestern Mutual Wealth Management
35
Northwestern Mutual Wealth Management
Wisconsin
$25.8K +$604 +30 +2%
BC
36
Barrett & Company
Rhode Island
$20.8K
AF
37
Advisornet Financial
Minnesota
$18.1K
PGAM
38
Princeton Global Asset Management
New Jersey
$12.7K
Carson Wealth (CWM LLC)
39
Carson Wealth (CWM LLC)
Nebraska
$10K +$11.1K +549 New
ASN
40
Advisory Services Network
Georgia
$6.63K -$10.7K -534 -59%
FWM
41
Focused Wealth Management
New York
$5.53K +$121 +6 +2%
SCA
42
Stonebridge Capital Advisors
Minnesota
$5.43K
PNC Financial Services Group
43
PNC Financial Services Group
Pennsylvania
$3.62K -$47.8K -2,377 -92%
RCM
44
Rivernorth Capital Management
Florida
-$786K -41,977 Closed
SFS
45
Shaker Financial Services
Virginia
-$294K -15,716 Closed
WAM
46
Wolverine Asset Management
Illinois
-$243K -12,956 Closed
MCC
47
Money Concepts Capital
Florida
-$179K -9,546 Closed
EC
48
Elequin Capital
New York
-$73.4K -3,920 Closed
National Bank of Canada
49
National Bank of Canada
Quebec, Canada
-$50.5K -2,722 Closed
Rockefeller Capital Management
50
Rockefeller Capital Management
New York
-$29K -1,600 Closed

PSF Hedge Fund Activity: Q1 2023 in Review

42 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q1 2023, worth a combined $27.5M — down 5.7% from $29.1M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of PSF and 6 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 11 added.

The largest buyer was Morgan Stanley, adding an estimated $1.87M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $786K sold.

  • 42 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q1 2023, down from 45 in Q4 2022.
  • Funds reported $27.5M of Cohen & Steers Select Preferred & Income Fund stock for Q1 2023, down 5.7% quarter-over-quarter.
  • 6 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q1 2023 and 8 closed out, a net change of -2 holders.
  • The largest Cohen & Steers Select Preferred & Income Fund buyer in Q1 2023 was Morgan Stanley, an estimated $1.87M added.
  • The largest Cohen & Steers Select Preferred & Income Fund seller in Q1 2023 was Rivernorth Capital Management, an estimated $786K sold.

Based on aggregated 13F filings for Q1 2023.