Cohen & Steers REIT and Preferred and Income Fund
RNP
85 hedge funds and large institutions have $163M invested in Cohen & Steers REIT and Preferred and Income Fund in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
2% more funds holding
Funds holding: 83 → 85 (+2)
5% more capital invested
Capital invested by funds: $156M → $163M (+$7.41M)
0.15% less ownership
Funds ownership: 17.23% → 17.08% (-0.15%)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
+$3.76M |
| 2 |
Morgan Stanley
New York
|
+$1.35M |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$1.18M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$677K |
| 5 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$632K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.36M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.32M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.07M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.03M |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$623K |
RNP Hedge Fund Activity: Q3 2020 in Review
85 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2020, worth a combined $163M — up 4.8% from $156M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RNP positions and 10 closed out — a net gain of 3 holders — while 28 added to existing stakes and 30 trimmed.
The largest buyer was Johnson Financial Group Inc (Wisconsin), adding an estimated $3.76M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $4.36M sold.
- 85 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2020, up from 83 in Q2 2020.
- Funds reported $163M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2020, up 4.8% quarter-over-quarter.
- 13 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2020 and 10 closed out, a net change of +3 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2020 was Johnson Financial Group Inc (Wisconsin), an estimated $3.76M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2020 was Wolverine Asset Management, an estimated $4.36M sold.
Based on aggregated 13F filings for Q3 2020.