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Cohen & Steers Select Preferred & Income Fund

27 hedge funds and large institutions have $26.9M invested in Cohen & Steers Select Preferred & Income Fund in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

2% more capital invested

Capital invested by funds: $26.4M → $26.9M (+$454K)

0.19% less ownership

Funds ownership: 8.55%8.36% (-0.19%)

23% less funds holding

Funds holding: 3527 (-8)

80% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 10

Holders
27
Holders Change
-8
Holders Change %
-22.86%
% of All Funds
0.62%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
11
Reduced
7
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$5.99M +$1.17M +44,764 +25%
Morgan Stanley
2
Morgan Stanley
New York
$5.31M +$209K +8,006 +4%
Bank of America
3
Bank of America
North Carolina
$2.84M -$91.6K -3,506 -3%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$2.44M +$286K +10,928 +14%
Invesco
5
Invesco
Georgia
$2.43M -$4.57K -175 -0.2%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$1.29M
BTS
7
BB&T Securities
Virginia
$969K +$10.8K +414 +1%
GBA
8
Garrison Bradford & Associates
New York
$774K +$10.6K +406 +1%
Wells Fargo
9
Wells Fargo
California
$680K +$4.1K +157 +0.6%
RJA
10
Raymond James & Associates
Florida
$597K +$122K +4,674 +27%
Ameriprise
11
Ameriprise
Minnesota
$495K +$15.8K +603 +3%
HFS
12
HL Financial Services
Kentucky
$473K +$56.2K +2,150 +14%
AG
13
Advisor Group
Arizona
$455K -$112K -4,273 -20%
WS
14
Wedbush Securities
California
$376K -$15.4K -590 -4%
BWP
15
Baldwin Wealth Partners
Massachusetts
$298K
AF
16
Advisornet Financial
Minnesota
$262K +$84K +3,215 +49%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$237K
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$220K
LPL Financial
19
LPL Financial
California
$209K -$17.9K -685 -8%
ARMC
20
American Research & Management Company
Massachusetts
$182K -$125K -4,800 -42%
SWM
21
SeaCrest Wealth Management
New York
$87K -$8.08K -309 -9%
GWM
22
Geneos Wealth Management
Colorado
$84K +$17K +650 +26%
Citigroup
23
Citigroup
New York
$83K
RWP
24
RWA Wealth Partners
Massachusetts
$54K
RFA
25
Reilly Financial Advisors
California
$27K +$26.1K +1,000 New

PSF Hedge Fund Activity: Q2 2018 in Review

27 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q2 2018, worth a combined $26.9M — up 1.7% from $26.4M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of PSF and 2 opened new positions — a net loss of 8 holders — while 7 trimmed existing stakes and 11 added.

The largest buyer was UBS Group, adding an estimated $1.17M. The largest seller was SG Americas Securities, exiting entirely with an estimated $535K sold.

  • 27 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q2 2018, down from 35 in Q1 2018.
  • Funds reported $26.9M of Cohen & Steers Select Preferred & Income Fund stock for Q2 2018, up 1.7% quarter-over-quarter.
  • 2 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q2 2018 and 10 closed out, a net change of -8 holders.
  • The largest Cohen & Steers Select Preferred & Income Fund buyer in Q2 2018 was UBS Group, an estimated $1.17M added.
  • The largest Cohen & Steers Select Preferred & Income Fund seller in Q2 2018 was SG Americas Securities, an estimated $535K sold.

Based on aggregated 13F filings for Q2 2018.