Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
PTA
40 hedge funds and large institutions have $204M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
14% more funds holding
Funds holding: 35 → 40 (+5)
8% more capital invested
Capital invested by funds: $189M → $204M (+$14.7M)
0.86% more ownership
Funds ownership: 19.58% → 20.45% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.11M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.34M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.46M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.13M |
| 5 |
PFA
Pettinga Financial Advisors
Evansville,
Indiana
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.79M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$509K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$476K |
| 4 |
Rockefeller Capital Management
New York
|
-$341K |
| 5 |
RDWM
Red Door Wealth Management
Memphis,
Tennessee
|
-$276K |
PTA Hedge Fund Activity: Q4 2023 in Review
40 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q4 2023, worth a combined $204M — up 7.8% from $189M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PTA positions and 5 closed out — a net gain of 6 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $5.11M. The largest seller was Morgan Stanley, cutting an estimated $9.79M.
- 40 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q4 2023, up from 35 in Q3 2023.
- Funds reported $204M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q4 2023, up 7.8% quarter-over-quarter.
- 11 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q4 2023 and 5 closed out, a net change of +6 holders.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q4 2023 was Bank of America, an estimated $5.11M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q4 2023 was Morgan Stanley, an estimated $9.79M sold.
Based on aggregated 13F filings for Q4 2023.