Cohen & Steers Select Preferred & Income Fund
PSF
35 hedge funds and large institutions have $25M invested in Cohen & Steers Select Preferred & Income Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.51% less ownership
Funds ownership: 8.48% → 7.97% (-0.51%)
3% less funds holding
Funds holding: 36 → 35 (-1)
8% less capital invested
Capital invested by funds: $27.3M → $25M (-$2.23M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$515K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$326K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$127K |
| 4 |
LPL Financial
San Diego,
California
|
+$55.6K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$29.8K |
Top Sellers
PSF Hedge Fund Activity: Q4 2016 in Review
35 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q4 2016, worth a combined $25M — down 8.2% from $27.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PSF and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 9 added.
The largest buyer was National Planning Corporation, opening a new position worth an estimated $515K. The largest seller was Morgan Stanley, cutting an estimated $767K.
- 35 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q4 2016, down from 36 in Q3 2016.
- Funds reported $25M of Cohen & Steers Select Preferred & Income Fund stock for Q4 2016, down 8.2% quarter-over-quarter.
- 3 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q4 2016 and 4 closed out, a net change of -1 holder.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q4 2016 was National Planning Corporation, an estimated $515K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q4 2016 was Morgan Stanley, an estimated $767K sold.
Based on aggregated 13F filings for Q4 2016.