Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
PTA
44 hedge funds and large institutions have $202M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
16% more funds holding
Funds holding: 38 → 44 (+6)
1.84% more ownership
Funds ownership: 17.34% → 19.18% (+1.8%)
4% less capital invested
Capital invested by funds: $211M → $202M (-$8.46M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$22.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.37M |
| 3 |
Amundi
Paris,
France
|
+$4.89M |
| 4 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$2.04M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$9.46M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.14M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$1.03M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$718K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
-$608K |
PTA Hedge Fund Activity: Q2 2022 in Review
44 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q2 2022, worth a combined $202M — down 4% from $211M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PTA positions and 4 closed out — a net gain of 7 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $22.7M. The largest seller was Rivernorth Capital Management, cutting an estimated $9.46M.
- 44 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q2 2022, up from 38 in Q1 2022.
- Funds reported $202M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q2 2022, down 4% quarter-over-quarter.
- 11 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q2 2022 and 4 closed out, a net change of +7 holders.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q2 2022 was Morgan Stanley, an estimated $22.7M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q2 2022 was Rivernorth Capital Management, an estimated $9.46M sold.
Based on aggregated 13F filings for Q2 2022.