Cohen & Steers REIT and Preferred and Income Fund
RNP
76 hedge funds and large institutions have $165M invested in Cohen & Steers REIT and Preferred and Income Fund in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 20 reducing their positions, and 8 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 20
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.85% less ownership
Funds ownership: 17.99% → 17.14% (-0.85%)
1% less funds holding
Funds holding: 77 → 76 (-1)
6% less capital invested
Capital invested by funds: $176M → $165M (-$11.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.97M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$1.15M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$972K |
| 4 |
Citigroup
New York
|
+$825K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$792K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.54M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.98M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.93M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.21M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.11M |
RNP Hedge Fund Activity: Q3 2016 in Review
76 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2016, worth a combined $165M — down 6.3% from $176M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RNP positions and 8 closed out — a net gain of 2 holders — while 31 added to existing stakes and 20 trimmed.
The largest buyer was UBS Group, adding an estimated $4.97M. The largest seller was Advisors Asset Management, cutting an estimated $3.54M.
- 76 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2016, down from 77 in Q2 2016.
- Funds reported $165M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2016, down 6.3% quarter-over-quarter.
- 10 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2016 and 8 closed out, a net change of +2 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2016 was UBS Group, an estimated $4.97M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2016 was Advisors Asset Management, an estimated $3.54M sold.
Based on aggregated 13F filings for Q3 2016.