Cohen & Steers REIT and Preferred and Income Fund
RNP
77 hedge funds and large institutions have $126M invested in Cohen & Steers REIT and Preferred and Income Fund in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
19% more capital invested
Capital invested by funds: $106M → $126M (+$20.5M)
18% more funds holding
Funds holding: 65 → 77 (+12)
2.7% more ownership
Funds ownership: 13.64% → 16.35% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$4.82M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.7M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.96M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.56M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$822K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$543K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$475K |
| 5 |
LPL Financial
San Diego,
California
|
-$471K |
RNP Hedge Fund Activity: Q4 2013 in Review
77 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q4 2013, worth a combined $126M — up 19% from $106M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new RNP positions and 5 closed out — a net gain of 13 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $4.82M. The largest seller was Guggenheim Capital, cutting an estimated $2.56M.
- 77 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q4 2013, up from 65 in Q3 2013.
- Funds reported $126M of Cohen & Steers REIT and Preferred and Income Fund stock for Q4 2013, up 19% quarter-over-quarter.
- 18 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q4 2013 and 5 closed out, a net change of +13 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q4 2013 was Brookfield Corp, an estimated $4.82M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q4 2013 was Guggenheim Capital, an estimated $2.56M sold.
Based on aggregated 13F filings for Q4 2013.