Cohen & Steers Select Preferred & Income Fund
PSF
48 hedge funds and large institutions have $49.5M invested in Cohen & Steers Select Preferred & Income Fund in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
4% more funds holding
Funds holding: 46 → 48 (+2)
0.37% less ownership
Funds ownership: 15.23% → 14.86% (-0.37%)
3% less capital invested
Capital invested by funds: $51.2M → $49.5M (-$1.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$451K |
| 2 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$361K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$203K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$120K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$1.09M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$558K |
| 3 |
Millennium Management
New York
|
-$364K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$346K |
| 5 |
SCP
Shorepoint Capital Partners
Norwood,
Massachusetts
|
-$242K |
PSF Hedge Fund Activity: Q1 2021 in Review
48 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q1 2021, worth a combined $49.5M — down 3.4% from $51.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PSF positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $451K. The largest seller was Kestra Private Wealth Services, cutting an estimated $1.09M.
- 48 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q1 2021, up from 46 in Q4 2020.
- Funds reported $49.5M of Cohen & Steers Select Preferred & Income Fund stock for Q1 2021, down 3.4% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q1 2021 and 4 closed out, a net change of +3 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q1 2021 was Morgan Stanley, an estimated $451K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q1 2021 was Kestra Private Wealth Services, an estimated $1.09M sold.
Based on aggregated 13F filings for Q1 2021.