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Cohen & Steers Select Preferred & Income Fund

35 hedge funds and large institutions have $28.9M invested in Cohen & Steers Select Preferred & Income Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 8

5% more capital invested

Capital invested by funds: $27.4M → $28.9M (+$1.49M)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

0.06% less ownership

Funds ownership: 9.05%8.98% (-0.06%)

3% less funds holding

Funds holding: 3635 (-1)

Holders
35
Holders Change
-1
Holders Change %
-2.78%
% of All Funds
0.93%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
15
Reduced
8
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.14M +$432K +16,506 +9%
Bank of America
2
Bank of America
North Carolina
$3.96M +$898K +34,270 +30%
UBS Group
3
UBS Group
Switzerland
$3.7M -$315K -12,020 -8%
Invesco
4
Invesco
Georgia
$3.67M -$752K -28,698 -17%
VFS
5
VSR Financial Services
Kansas
$3M -$738K -28,180 -20%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$1.01M +$122K +4,672 +14%
GBA
7
Garrison Bradford & Associates
New York
$901K +$879K +33,551 New
Wells Fargo
8
Wells Fargo
California
$806K +$219K +8,359 +39%
BTS
9
BB&T Securities
Virginia
$774K +$78.8K +3,010 +12%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$702K +$28K +1,068 +4%
GC
11
Guggenheim Capital
Illinois
$633K +$160K +6,099 +35%
RJA
12
Raymond James & Associates
Florida
$595K -$40.2K -1,536 -6%
LPL Financial
13
LPL Financial
California
$511K -$446K -17,019 -48%
FA
14
Fagan Associates
New York
$406K -$3.75K -143 -0.9%
BWP
15
Baldwin Wealth Partners
Massachusetts
$369K
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$356K +$48.9K +1,866 +16%
CIA
17
Capital Investment Advisors
Georgia
$320K -$3.69K -141 -1%
MFS
18
MSI Financial Services
Massachusetts
$305K +$262 +10 +0.1%
WS
19
Wedbush Securities
California
$268K
AG
20
Advisor Group
Arizona
$264K +$261K +9,960 New
HFS
21
HL Financial Services
Kentucky
$263K +$28.8K +1,100 +13%
SBIA
22
Sheaff Brock Investment Advisors
Indiana
$254K +$248K +9,454 New
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$252K +$786 +30 +0.3%
GWM
24
Geneos Wealth Management
Colorado
$87K
ARMC
25
American Research & Management Company
Massachusetts
$83K

PSF Hedge Fund Activity: Q2 2016 in Review

35 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q2 2016, worth a combined $28.9M — up 5.4% from $27.4M a quarter earlier.

Fund positioning in PSF was balanced in Q2 2016: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 8 trimmed.

The largest buyer was Bank of America, adding an estimated $898K. The largest seller was Invesco, cutting an estimated $752K.

  • 35 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q2 2016, down from 36 in Q1 2016.
  • Funds reported $28.9M of Cohen & Steers Select Preferred & Income Fund stock for Q2 2016, up 5.4% quarter-over-quarter.
  • 5 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q2 2016 and 5 closed out, a net change of 0 holders.
  • The largest Cohen & Steers Select Preferred & Income Fund buyer in Q2 2016 was Bank of America, an estimated $898K added.
  • The largest Cohen & Steers Select Preferred & Income Fund seller in Q2 2016 was Invesco, an estimated $752K sold.

Based on aggregated 13F filings for Q2 2016.