Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
60 hedge funds and large institutions have $256M invested in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund in 2025 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 10 closing their positions.
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
18% more funds holding
Funds holding: 51 → 60 (+9)
1.19% more ownership
Funds ownership: 22.75% → 23.94% (+1.2%)
0% less capital invested
Capital invested by funds: $257M → $256M (-$1.04M)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$5.29M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.65M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.5M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.84M |
| 5 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.95M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.6M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.5M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$755K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$688K |
PTA Hedge Fund Activity: Q4 2025 in Review
60 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) for Q4 2025, worth a combined $256M — down 0.4% from $257M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PTA positions and 10 closed out — a net gain of 10 holders — while 14 added to existing stakes and 20 trimmed.
The largest buyer was Logan Stone Capital, opening a new position worth an estimated $5.29M. The largest seller was Morgan Stanley, cutting an estimated $3.95M.
- 60 institutional investors held Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) as of Q4 2025, up from 51 in Q3 2025.
- Funds reported $256M of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund stock for Q4 2025, down 0.4% quarter-over-quarter.
- 20 funds opened new Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund positions in Q4 2025 and 10 closed out, a net change of +10 holders.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund buyer in Q4 2025 was Logan Stone Capital, an estimated $5.29M added.
- The largest Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund seller in Q4 2025 was Morgan Stanley, an estimated $3.95M sold.
Based on aggregated 13F filings for Q4 2025.