Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
58 hedge funds and large institutions have $244M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2026 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 12 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
0.51% less ownership
Funds ownership: 24.05% → 23.54% (-0.51%)
3% less funds holding
Funds holding: 60 → 58 (-2)
5% less capital invested
Capital invested by funds: $257M → $244M (-$13.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.81M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.57M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$1.37M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.22M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.31M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.56M |
| 3 |
Cerity Partners
New York
|
-$2.05M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.33M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
-$1.31M |
PTA Hedge Fund Activity: Q1 2026 in Review
58 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q1 2026, worth a combined $244M — down 5.1% from $257M a quarter earlier.
Fund positioning in PTA was balanced in Q1 2026: 12 funds opened new positions, 12 closed out, 22 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.81M. The largest seller was Bank of America, cutting an estimated $8.31M.
- 58 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q1 2026, down from 60 in Q4 2025.
- Funds reported $244M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q1 2026, down 5.1% quarter-over-quarter.
- 12 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q1 2026 and 12 closed out, a net change of 0 holders.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q1 2026 was Morgan Stanley, an estimated $7.81M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q1 2026 was Bank of America, an estimated $8.31M sold.
Based on aggregated 13F filings for Q1 2026.