Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
42 hedge funds and large institutions have $219M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
1% more capital invested
Capital invested by funds: $217M → $219M (+$2.31M)
0% more funds holding
Funds holding: 42 → 42 (0)
0.06% less ownership
Funds ownership: 20.04% → 19.98% (-0.06%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.8M |
| 2 |
Morgan Stanley
New York
|
+$1.85M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.49M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.37M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.23M |
| 2 |
Amundi
Paris,
France
|
-$3.91M |
| 3 |
RVPG
Relative Value Partners Group
|
-$1.59M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$311K |
| 5 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
-$275K |
PTA Hedge Fund Activity: Q2 2024 in Review
42 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q2 2024, worth a combined $219M — up 1.1% from $217M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PTA positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $3.8M. The largest seller was Sit Investment Associates, cutting an estimated $5.23M.
- 42 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $219M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q2 2024, up 1.1% quarter-over-quarter.
- 6 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q2 2024 and 5 closed out, a net change of +1 holder.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q2 2024 was Bank of America, an estimated $3.8M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q2 2024 was Sit Investment Associates, an estimated $5.23M sold.
Based on aggregated 13F filings for Q2 2024.