Cohen & Steers Select Preferred & Income Fund
PSF
39 hedge funds and large institutions have $29.5M invested in Cohen & Steers Select Preferred & Income Fund in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
105% more capital inflows, than outflows
Capital inflows: $2.19M | Capital outflows: $1.07M
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
11% more funds holding
Funds holding: 35 → 39 (+4)
0.18% more ownership
Funds ownership: 8.55% → 8.73% (+0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$376K |
| 2 |
United Capital Financial Advisors
Irving,
Texas
|
+$308K |
| 3 |
Morgan Stanley
New York
|
+$256K |
| 4 |
Advisor Group
Phoenix,
Arizona
|
+$222K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$350K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$246K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$162K |
| 4 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$110K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$90.4K |
PSF Hedge Fund Activity: Q2 2019 in Review
39 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q2 2019, worth a combined $29.5M — up 7.5% from $27.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PSF positions and 3 closed out — a net gain of 5 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $376K. The largest seller was Mid Atlantic Financial Management, cutting an estimated $350K.
- 39 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q2 2019, up from 35 in Q1 2019.
- Funds reported $29.5M of Cohen & Steers Select Preferred & Income Fund stock for Q2 2019, up 7.5% quarter-over-quarter.
- 8 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q2 2019 and 3 closed out, a net change of +5 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q2 2019 was Bank of America, an estimated $376K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q2 2019 was Mid Atlantic Financial Management, an estimated $350K sold.
Based on aggregated 13F filings for Q2 2019.