Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
PTA
21 hedge funds and large institutions have $112M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
17% more funds holding
Funds holding: 18 → 21 (+3)
14% more capital invested
Capital invested by funds: $98.2M → $112M (+$13.5M)
1.05% more ownership
Funds ownership: 7.02% → 8.07% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.81M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.86M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.67M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.06M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$691K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$306K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$238K |
| 3 |
PCA
Pallas Capital Advisors
Braintree,
Massachusetts
|
-$207K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$30.6K |
| 5 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
-$25K |
PTA Hedge Fund Activity: Q3 2021 in Review
21 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q3 2021, worth a combined $112M — up 14% from $98.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PTA positions and 2 closed out — a net gain of 4 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.81M. The largest seller was Stifel Financial, cutting an estimated $306K.
- 21 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q3 2021, up from 18 in Q2 2021.
- Funds reported $112M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q3 2021, up 14% quarter-over-quarter.
- 6 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q3 2021 and 2 closed out, a net change of +4 holders.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q3 2021 was Morgan Stanley, an estimated $5.81M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q3 2021 was Stifel Financial, an estimated $306K sold.
Based on aggregated 13F filings for Q3 2021.