Cohen & Steers Select Preferred & Income Fund
PSF
40 hedge funds and large institutions have $32.4M invested in Cohen & Steers Select Preferred & Income Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
10% more capital invested
Capital invested by funds: $29.6M → $32.4M (+$2.83M)
1.36% more ownership
Funds ownership: 13.53% → 14.89% (+1.4%)
0% more funds holding
Funds holding: 40 → 40 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.47M |
| 2 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$1.02M |
| 3 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$436K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$323K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$392K |
| 2 |
KIA
KLR Investment Advisors
Providence,
Rhode Island
|
-$258K |
| 3 |
Cerity Partners
New York
|
-$213K |
| 4 |
LPL Financial
San Diego,
California
|
-$169K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$131K |
PSF Hedge Fund Activity: Q3 2023 in Review
40 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2023, worth a combined $32.4M — up 9.5% from $29.6M a quarter earlier.
Fund positioning in PSF was balanced in Q3 2023: 4 funds opened new positions, 4 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.47M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $392K sold.
- 40 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $32.4M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2023, up 9.5% quarter-over-quarter.
- 4 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2023 and 4 closed out, a net change of 0 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2023 was Morgan Stanley, an estimated $1.47M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2023 was Robinson Capital Management, an estimated $392K sold.
Based on aggregated 13F filings for Q3 2023.