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Cohen & Steers Select Preferred & Income Fund

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.

New
Increased
Maintained
Reduced
Closed

171% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 7

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

3% more funds holding

Funds holding: 3536 (+1)

0.5% less ownership

Funds ownership: 8.98%8.48% (-0.5%)

6% less capital invested

Capital invested by funds: $28.9M → $27.3M (-$1.64M)

Holders
36
Holders Change
+1
Holders Change %
+2.86%
% of All Funds
0.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
19
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.3M +$170K +6,168 +3%
UBS Group
2
UBS Group
Switzerland
$3.76M +$61.5K +2,227 +2%
Bank of America
3
Bank of America
North Carolina
$3.69M -$274K -9,927 -7%
Invesco
4
Invesco
Georgia
$3.39M -$280K -10,158 -7%
Wells Fargo
5
Wells Fargo
California
$1.3M +$509K +18,423 +61%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$1.14M +$134K +4,867 +13%
GBA
7
Garrison Bradford & Associates
New York
$846K -$55.2K -2,000 -6%
BTS
8
BB&T Securities
Virginia
$826K +$54.7K +1,981 +7%
GC
9
Guggenheim Capital
Illinois
$730K +$100K +3,624 +15%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$633K -$69.9K -2,532 -10%
LPL Financial
11
LPL Financial
California
$551K +$53.3K +1,930 +10%
UCFA
12
United Capital Financial Advisors
Texas
$505K +$520K +18,827 New
RJA
13
Raymond James & Associates
Florida
$430K -$169K -6,108 -28%
FA
14
Fagan Associates
New York
$407K +$1.49K +54 +0.4%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$372K +$16.1K +585 +4%
BWP
16
Baldwin Wealth Partners
Massachusetts
$369K
AG
17
Advisor Group
Arizona
$348K +$82.6K +2,994 +30%
WS
18
Wedbush Securities
California
$325K +$58K +2,100 +21%
MFS
19
MSI Financial Services
Massachusetts
$305K +$248 +9 +0.1%
CIA
20
Capital Investment Advisors
Georgia
$281K -$39.9K -1,445 -12%
SBIA
21
Sheaff Brock Investment Advisors
Indiana
$267K +$13.8K +500 +5%
HFS
22
HL Financial Services
Kentucky
$263K
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$257K +$5.6K +203 +2%
CRC
24
Curi RMB Capital
Illinois
$241K +$248K +8,990 New
RJFSA
25
Raymond James Financial Services Advisors
Florida
$201K +$206K +7,477 New

PSF Hedge Fund Activity: Q3 2016 in Review

36 of the 3,748 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.