Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
41 hedge funds and large institutions have $236M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 5 closing their positions.
8% more capital invested
Capital invested by funds: $219M → $236M (+$16.8M)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.31% more ownership
Funds ownership: 19.98% → 20.3% (+0.31%)
2% less funds holding
Funds holding: 42 → 41 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.56M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.45M |
| 3 |
WSFS
Wilmington Savings Fund Society
Wilmington,
Delaware
|
+$1.63M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$523K |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$312K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$5.52M |
| 2 |
Morgan Stanley
New York
|
-$1.7M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.16M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$579K |
| 5 |
PFA
Pettinga Financial Advisors
Evansville,
Indiana
|
-$330K |
PTA Hedge Fund Activity: Q3 2024 in Review
41 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q3 2024, worth a combined $236M — up 7.7% from $219M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PTA and 4 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 16 added.
The largest buyer was Raymond James & Associates, adding an estimated $7.56M. The largest seller was UBS Group, cutting an estimated $5.52M.
- 41 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q3 2024, down from 42 in Q2 2024.
- Funds reported $236M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q3 2024, up 7.7% quarter-over-quarter.
- 4 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q3 2024 and 5 closed out, a net change of -1 holder.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q3 2024 was Raymond James & Associates, an estimated $7.56M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q3 2024 was UBS Group, an estimated $5.52M sold.
Based on aggregated 13F filings for Q3 2024.