Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
52 hedge funds and large institutions have $231M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 11 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
0.71% less ownership
Funds ownership: 22.21% → 21.51% (-0.71%)
2% less capital invested
Capital invested by funds: $236M → $231M (-$4.79M)
4% less funds holding
Funds holding: 54 → 52 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.36M |
| 2 |
Morgan Stanley
New York
|
+$1.34M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.29M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$935K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.12M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.34M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$961K |
| 4 |
MG
Marex Group
London,
|
-$888K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$604K |
PTA Hedge Fund Activity: Q1 2025 in Review
52 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q1 2025, worth a combined $231M — down 2% from $236M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PTA and 9 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 21 added.
The largest buyer was Bank of America, adding an estimated $2.36M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $7.12M sold.
- 52 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q1 2025, down from 54 in Q4 2024.
- Funds reported $231M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q1 2025, down 2% quarter-over-quarter.
- 9 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q1 2025 and 11 closed out, a net change of -2 holders.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q1 2025 was Bank of America, an estimated $2.36M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q1 2025 was Rivernorth Capital Management, an estimated $7.12M sold.
Based on aggregated 13F filings for Q1 2025.