Cohen & Steers Select Preferred & Income Fund
PSF
40 hedge funds and large institutions have $38M invested in Cohen & Steers Select Preferred & Income Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 8 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
17% more capital invested
Capital invested by funds: $32.4M → $38M (+$5.61M)
1.82% more ownership
Funds ownership: 14.89% → 16.71% (+1.8%)
0% more funds holding
Funds holding: 40 → 40 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$919K |
| 2 |
Morgan Stanley
New York
|
+$918K |
| 3 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
+$906K |
| 4 |
PFA
Pettinga Financial Advisors
Evansville,
Indiana
|
+$655K |
| 5 |
KIA
KLR Investment Advisors
Providence,
Rhode Island
|
+$368K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$436K |
| 2 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
-$403K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$273K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$226K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$166K |
PSF Hedge Fund Activity: Q4 2023 in Review
40 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q4 2023, worth a combined $38M — up 17% from $32.4M a quarter earlier.
Fund positioning in PSF was balanced in Q4 2023: 8 funds opened new positions, 8 closed out, 14 added to existing stakes and 11 trimmed.
The largest buyer was Cornerstone Advisory, adding an estimated $919K. The largest seller was Ameriprise, exiting entirely with an estimated $436K sold.
- 40 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $38M of Cohen & Steers Select Preferred & Income Fund stock for Q4 2023, up 17% quarter-over-quarter.
- 8 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q4 2023 and 8 closed out, a net change of 0 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q4 2023 was Cornerstone Advisory, an estimated $919K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q4 2023 was Ameriprise, an estimated $436K sold.
Based on aggregated 13F filings for Q4 2023.