Cohen & Steers Select Preferred & Income Fund
PSF
36 hedge funds and large institutions have $27.3M invested in Cohen & Steers Select Preferred & Income Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 2 closing their positions.
171% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 7
145% more capital inflows, than outflows
Capital inflows: $2.41M | Capital outflows: $984K
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
3% more funds holding
Funds holding: 35 → 36 (+1)
0.5% less ownership
Funds ownership: 8.98% → 8.48% (-0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
United Capital Financial Advisors
Irving,
Texas
|
+$520K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$509K |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
+$248K |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$206K |
| 5 |
Morgan Stanley
New York
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$280K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$274K |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$169K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$82K |
| 5 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$69.9K |
PSF Hedge Fund Activity: Q3 2016 in Review
36 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2016, worth a combined $27.3M — down 5.7% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PSF positions and 2 closed out — a net gain of 2 holders — while 19 added to existing stakes and 7 trimmed.
The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $520K. The largest seller was Invesco, cutting an estimated $280K.
- 36 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2016, up from 35 in Q2 2016.
- Funds reported $27.3M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2016, down 5.7% quarter-over-quarter.
- 4 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2016 and 2 closed out, a net change of +2 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2016 was United Capital Financial Advisors, an estimated $520K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2016 was Invesco, an estimated $280K sold.
Based on aggregated 13F filings for Q3 2016.