Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
18 hedge funds and large institutions have $98.2M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
80% more funds holding
Funds holding: 10 → 18 (+8)
7% more capital invested
Capital invested by funds: $91.4M → $98.2M (+$6.75M)
0.37% more ownership
Funds ownership: 6.65% → 7.02% (+0.37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.15M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.13M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.48M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$3.5M |
| 2 |
Morgan Stanley
New York
|
-$2.67M |
PTA Hedge Fund Activity: Q2 2021 in Review
18 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q2 2021, worth a combined $98.2M — up 7.4% from $91.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PTA positions and 0 closed out — a net gain of 8 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.1M. The largest seller was Wedbush Securities, cutting an estimated $3.5M.
- 18 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q2 2021, up from 10 in Q1 2021.
- Funds reported $98.2M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q2 2021, up 7.4% quarter-over-quarter.
- 8 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q2 2021 and 0 closed out, a net change of +8 holders.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q2 2021 was Rivernorth Capital Management, an estimated $3.1M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q2 2021 was Wedbush Securities, an estimated $3.5M sold.
Based on aggregated 13F filings for Q2 2021.