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Cohen & Steers Select Preferred & Income Fund

34 hedge funds and large institutions have $38.2M invested in Cohen & Steers Select Preferred & Income Fund in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

26% more funds holding

Funds holding: 2734 (+7)

12% more capital invested

Capital invested by funds: $34M → $38.2M (+$4.13M)

1.18% more ownership

Funds ownership: 11.83%13.01% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

Holders
34
Holders Change
+7
Holders Change %
+25.93%
% of All Funds
0.99%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
12
Increased
8
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$7.31M +$1.95M +81,585 +38%
VFS
2
VSR Financial Services
Kansas
$6.5M -$660K -27,568 -9%
Invesco
3
Invesco
Georgia
$5.91M +$18.8K +783 +0.3%
Morgan Stanley
4
Morgan Stanley
New York
$2.61M -$195K -8,147 -7%
BC
5
Brookfield Corp
Ontario, Canada
$1.98M +$1.92M +80,268 New
Bank of America
6
Bank of America
North Carolina
$1.63M -$232K -9,668 -13%
BWP
7
Baldwin Wealth Partners
Massachusetts
$1.29M -$677K -28,250 -35%
Deutsche Bank
8
Deutsche Bank
Germany
$1.25M -$1.05M -43,939 -46%
GBA
9
Garrison Bradford & Associates
New York
$1.13M -$33.5K -1,400 -3%
U
10
UBS
Switzerland
$813K +$123K +5,129 +18%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$707K +$29.7K +1,242 +5%
MIG
12
Mariner Investment Group
New York
$604K +$586K +24,464 New
ACM
13
Avalon Capital Management
California
$601K +$583K +24,340 New
AQR Capital Management
14
AQR Capital Management
Connecticut
$579K +$562K +23,456 New
Wells Fargo
15
Wells Fargo
California
$559K +$57.3K +2,393 +12%
VKH
16
Virtu KCG Holdings
New York
$538K +$522K +21,798 New
CIA
17
Capital Investment Advisors
Georgia
$526K +$905K +37,806 New
SCM
18
Saba Capital Management
New York
$515K +$500K +20,874 New
DD
19
Dominick & Dominick
New York
$460K +$1.27K +53 +0.3%
PRCM
20
Pine River Capital Management
Minnesota
$452K +$438K +18,289 New
LPL Financial
21
LPL Financial
California
$434K -$185K -7,721 -31%
RJA
22
Raymond James & Associates
Florida
$429K -$485K -20,235 -54%
CA
23
CapWealth Advisors
Tennessee
$358K -$47.9K -2,000 -12%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$313K +$235K +9,825 +344%
DA
25
Doliver Advisors
Texas
$260K -$123K -5,141 -33%

PSF Hedge Fund Activity: Q4 2013 in Review

34 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q4 2013, worth a combined $38.2M — up 12% from $34M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new PSF positions and 5 closed out — a net gain of 7 holders — while 8 added to existing stakes and 11 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $1.95M. The largest seller was Deutsche Bank, cutting an estimated $1.05M.

  • 34 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q4 2013, up from 27 in Q3 2013.
  • Funds reported $38.2M of Cohen & Steers Select Preferred & Income Fund stock for Q4 2013, up 12% quarter-over-quarter.
  • 12 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q4 2013 and 5 closed out, a net change of +7 holders.
  • The largest Cohen & Steers Select Preferred & Income Fund buyer in Q4 2013 was Guggenheim Capital, an estimated $1.95M added.
  • The largest Cohen & Steers Select Preferred & Income Fund seller in Q4 2013 was Deutsche Bank, an estimated $1.05M sold.

Based on aggregated 13F filings for Q4 2013.