Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
PTA
38 hedge funds and large institutions have $211M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 8 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
2% more ownership
Funds ownership: 15.34% → 17.34% (+2%)
3% more capital invested
Capital invested by funds: $204M → $211M (+$6.64M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 40 → 38 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$8.89M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.46M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$6.54M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.62M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.24M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.52M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.3M |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$565K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$354K |
PTA Hedge Fund Activity: Q1 2022 in Review
38 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q1 2022, worth a combined $211M — up 3.3% from $204M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PTA and 7 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 19 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $8.89M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.24M.
- 38 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q1 2022, down from 40 in Q4 2021.
- Funds reported $211M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q1 2022, up 3.3% quarter-over-quarter.
- 7 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q1 2022 and 8 closed out, a net change of -1 holder.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q1 2022 was Penserra Capital Management, an estimated $8.89M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q1 2022 was Rivernorth Capital Management, an estimated $2.24M sold.
Based on aggregated 13F filings for Q1 2022.