Cohen & Steers Select Preferred & Income Fund
PSF
44 hedge funds and large institutions have $50.9M invested in Cohen & Steers Select Preferred & Income Fund in 2024 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 8
17% more capital invested
Capital invested by funds: $43.4M → $50.9M (+$7.5M)
1.5% more ownership
Funds ownership: 18.23% → 19.72% (+1.5%)
4% less funds holding
Funds holding: 46 → 44 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.02M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$898K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$660K |
| 4 |
Morgan Stanley
New York
|
+$612K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$302K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$262K |
| 3 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$227K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$51.5K |
| 5 |
AWM
Activest Wealth Management
Aventure,
Florida
|
-$50.6K |
PSF Hedge Fund Activity: Q3 2024 in Review
44 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Select Preferred & Income Fund (PSF) for Q3 2024, worth a combined $50.9M — up 17% from $43.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PSF and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 20 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.02M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $302K sold.
- 44 institutional investors held Cohen & Steers Select Preferred & Income Fund (PSF) as of Q3 2024, down from 46 in Q2 2024.
- Funds reported $50.9M of Cohen & Steers Select Preferred & Income Fund stock for Q3 2024, up 17% quarter-over-quarter.
- 1 fund opened new Cohen & Steers Select Preferred & Income Fund positions in Q3 2024 and 3 closed out, a net change of -2 holders.
- The largest Cohen & Steers Select Preferred & Income Fund buyer in Q3 2024 was Guggenheim Capital, an estimated $1.02M added.
- The largest Cohen & Steers Select Preferred & Income Fund seller in Q3 2024 was Wolverine Asset Management, an estimated $302K sold.
Based on aggregated 13F filings for Q3 2024.