Cohen & Steers Select Preferred & Income Fund
PSF
40 hedge funds and large institutions have $46M invested in Cohen & Steers Select Preferred & Income Fund in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
55% more capital invested
Capital invested by funds: $29.7M → $46M (+$16.3M)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
21% more funds holding
Funds holding: 33 → 40 (+7)
4.41% more ownership
Funds ownership: 10.04% → 14.44% (+4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.47M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$373K |
| 3 |
Morgan Stanley
New York
|
+$359K |
| 4 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
+$347K |
| 5 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$241K |
| 2 |
ARMC
American Research & Management Company
Marion,
Massachusetts
|
-$216K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$108K |
| 4 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
-$46K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$37.3K |
PSF Hedge Fund Activity: Q3 2020 in Review
40 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2020, worth a combined $46M — up 55% from $29.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PSF positions and 5 closed out — a net gain of 7 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Ameriprise, adding an estimated $6.47M. The largest seller was United Capital Financial Advisors, exiting entirely with an estimated $241K sold.
- 40 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2020, up from 33 in Q2 2020.
- Funds reported $46M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2020, up 55% quarter-over-quarter.
- 12 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2020 and 5 closed out, a net change of +7 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2020 was Ameriprise, an estimated $6.47M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2020 was United Capital Financial Advisors, an estimated $241K sold.
Based on aggregated 13F filings for Q3 2020.