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Cohen & Steers Select Preferred & Income Fund

35 hedge funds and large institutions have $26.4M invested in Cohen & Steers Select Preferred & Income Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 7

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

9% more funds holding

Funds holding: 3235 (+3)

4% more capital invested

Capital invested by funds: $25.4M → $26.4M (+$994K)

0.93% more ownership

Funds ownership: 7.62%8.55% (+0.93%)

Holders
35
Holders Change
+3
Holders Change %
+9.38%
% of All Funds
0.8%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
16
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$4.94M +$153K +5,685 +3%
UBS Group
2
UBS Group
Switzerland
$4.64M +$1.27M +47,419 +36%
Bank of America
3
Bank of America
North Carolina
$2.85M +$16.8K +628 +0.6%
Invesco
4
Invesco
Georgia
$2.36M -$120K -4,491 -5%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$2.08M +$351K +13,083 +20%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$1.29M +$4.8K +179 +0.4%
BTS
7
BB&T Securities
Virginia
$929K +$21K +782 +2%
GBA
8
Garrison Bradford & Associates
New York
$740K +$188 +7 +0%
Wells Fargo
9
Wells Fargo
California
$656K -$279K -10,398 -29%
AG
10
Advisor Group
Arizona
$553K -$12.5K -465 -2%
SG Americas Securities
11
SG Americas Securities
New York
$535K +$552K +20,561 New
Ameriprise
12
Ameriprise
Minnesota
$464K +$183K +6,837 +62%
DA
13
Doliver Advisors
Texas
$459K +$473K +17,638 New
RJA
14
Raymond James & Associates
Florida
$457K -$241 -9 -0.1%
HFS
15
HL Financial Services
Kentucky
$402K +$141K +5,250 +51%
WS
16
Wedbush Securities
California
$380K +$2.68K +100 +0.7%
ARMC
17
American Research & Management Company
Massachusetts
$301K +$37.6K +1,400 +14%
BWP
18
Baldwin Wealth Partners
Massachusetts
$289K
MML Investors Services
19
MML Investors Services
Massachusetts
$288K -$15.6K -582 -5%
VCWA
20
Vanguard Capital Wealth Advisors
Colorado
$268K +$10.7K +400 +4%
JMPWA
21
JP Morgan Private Wealth Advisors
California
$254K +$262K +9,774 New
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$229K +$1.07K +40 +0.5%
LPL Financial
23
LPL Financial
California
$220K +$2.44K +91 +1%
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$213K
AF
25
Advisornet Financial
Minnesota
$170K +$149K +5,550 +555%

PSF Hedge Fund Activity: Q1 2018 in Review

35 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q1 2018, worth a combined $26.4M — up 3.9% from $25.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new PSF positions and 4 closed out — a net gain of 3 holders — while 16 added to existing stakes and 7 trimmed.

The largest buyer was UBS Group, adding an estimated $1.27M. The largest seller was Wells Fargo, cutting an estimated $279K.

  • 35 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q1 2018, up from 32 in Q4 2017.
  • Funds reported $26.4M of Cohen & Steers Select Preferred & Income Fund stock for Q1 2018, up 3.9% quarter-over-quarter.
  • 7 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q1 2018 and 4 closed out, a net change of +3 holders.
  • The largest Cohen & Steers Select Preferred & Income Fund buyer in Q1 2018 was UBS Group, an estimated $1.27M added.
  • The largest Cohen & Steers Select Preferred & Income Fund seller in Q1 2018 was Wells Fargo, an estimated $279K sold.

Based on aggregated 13F filings for Q1 2018.