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Cohen & Steers REIT and Preferred and Income Fund

65 hedge funds and large institutions have $106M invested in Cohen & Steers REIT and Preferred and Income Fund in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.47% more ownership

Funds ownership: 13.18%13.64% (+0.47%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $109M → $106M (-$3.53M)

3% less funds holding

Funds holding: 6765 (-2)

18% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 22

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
65
Holders Change
-2
Holders Change %
-2.99%
% of All Funds
2.11%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
18
Reduced
22
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NES
51
New England Securities
New York
$47K
FNFDCM
52
Folger Nolan Fleming Douglas Capital Management
District of Columbia
$40K +$41.4K +2,550 New
PSI
53
Pinnacle Summer Investments
Virginia
$34K
PNC Financial Services Group
54
PNC Financial Services Group
Pennsylvania
$31K
JIR
55
James Investment Research
Ohio
$31K +$32.5K +2,000 New
WA
56
WFG Advisors
Texas
$25K -$16.7K -1,029 -39%
M&T Bank
57
M&T Bank
New York
$25K
AIG
58
American International Group
New York
$22.3K +$1.43K +88 +7%
AA
59
AlphaMark Advisors
Kentucky
$18K
CFA
60
Carroll Financial Associates
North Carolina
$15K
DADC
61
D.A. Davidson & Co
Montana
$12K -$7.2K -443 -36%
Fifth Third Bancorp
62
Fifth Third Bancorp
Ohio
$8K
HDIM
63
Hanson & Doremus Investment Management
Vermont
$4K
CFS
64
Community Financial System
New York
$3K
TRCT
65
Tower Research Capital (TRC)
New York
$1K -$15.6K -961 -96%
SFSIG
66
San Francisco Sentry Investment Group
California
$1K
CWM
67
Cabot Wealth Management
Massachusetts
-$1.39M -80,504 Closed
RJFSA
68
Raymond James Financial Services Advisors
Florida
-$1.05M -60,681 Closed
PWPCM
69
Perella Weinberg Partners Capital Management
New York
-$176K -10,171 Closed
CPA
70
Cowen Prime Advisors
New York
-$174K -10,000 Closed
FNBT
71
FineMark National Bank & Trust
Florida
-$17K -980 Closed
PP
72
Palladium Partners
Virginia
-$9K -540 Closed
WC
73
Whitnell & Co
Illinois
-$7K -403 Closed
OFS
74
Orrstown Financial Services
Pennsylvania
-$2K -120 Closed
Bank of Montreal
75
Bank of Montreal
Ontario, Canada
-$1K -45 Closed

RNP Hedge Fund Activity: Q3 2013 in Review

65 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2013, worth a combined $106M — down 3.2% from $109M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of RNP and 7 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 18 added.

The largest buyer was Cornerstone Advisors, adding an estimated $3.4M. The largest seller was Guggenheim Capital, cutting an estimated $1.84M.

  • 65 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2013, down from 67 in Q2 2013.
  • Funds reported $106M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2013, down 3.2% quarter-over-quarter.
  • 7 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2013 and 9 closed out, a net change of -2 holders.
  • The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2013 was Cornerstone Advisors, an estimated $3.4M added.
  • The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2013 was Guggenheim Capital, an estimated $1.84M sold.

Based on aggregated 13F filings for Q3 2013.