Cohen & Steers Select Preferred & Income Fund
PSF
47 hedge funds and large institutions have $41.9M invested in Cohen & Steers Select Preferred & Income Fund in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
18% more funds holding
Funds holding: 40 → 47 (+7)
10% more capital invested
Capital invested by funds: $38M → $41.9M (+$3.9M)
0.74% more ownership
Funds ownership: 16.71% → 17.45% (+0.74%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$759K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$391K |
| 3 |
DWP
Daymark Wealth Partners
Cincinnati,
Ohio
|
+$385K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$368K |
| 5 |
Morgan Stanley
New York
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Pettinga Financial Advisors
Evansville,
Indiana
|
-$673K |
| 2 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$495K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$412K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$285K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$63.2K |
PSF Hedge Fund Activity: Q1 2024 in Review
47 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q1 2024, worth a combined $41.9M — up 10% from $38M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PSF positions and 4 closed out — a net gain of 7 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $759K. The largest seller was Pettinga Financial Advisors, exiting entirely with an estimated $673K sold.
- 47 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q1 2024, up from 40 in Q4 2023.
- Funds reported $41.9M of Cohen & Steers Select Preferred & Income Fund stock for Q1 2024, up 10% quarter-over-quarter.
- 11 funds opened new Cohen & Steers Select Preferred & Income Fund positions in Q1 2024 and 4 closed out, a net change of +7 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q1 2024 was Shaker Financial Services, an estimated $759K added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q1 2024 was Pettinga Financial Advisors, an estimated $673K sold.
Based on aggregated 13F filings for Q1 2024.