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Cohen & Steers REIT and Preferred and Income Fund

77 hedge funds and large institutions have $176M invested in Cohen & Steers REIT and Preferred and Income Fund in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 24

3.1% less ownership

Funds ownership: 21.09%17.99% (-3.1%)

7% less capital invested

Capital invested by funds: $190M → $176M (-$13.8M)

9% less funds holding

Funds holding: 8577 (-8)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

40% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 20

Holders
77
Holders Change
-8
Holders Change %
-9.41%
% of All Funds
2.05%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
12
Increased
29
Reduced
24
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAL
51
Capital Advisors Ltd
Ohio
$232K +$107K +5,563 +97%
MA
52
Menlo Advisors
California
$211K +$198K +10,278 New
ICAS
53
Investors Capital Advisory Services
Massachusetts
$207K -$6.63K -345 -3%
TAM
54
Tocqueville Asset Management
New York
$205K
BOS
55
Bank of Stockton
California
$203K +$190K +9,900 New
Manulife (Manufacturers Life Insurance)
56
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$192K +$179K +9,335 New
GWM
57
Geneos Wealth Management
Colorado
$180K -$24K -1,250 -13%
MFS
58
MSI Financial Services
Massachusetts
$160K -$486K -25,311 -76%
Creative Planning
59
Creative Planning
Kansas
$156K +$111K +5,801 +319%
DADC
60
D.A. Davidson & Co
Montana
$155K
HCM
61
Highlander Capital Management
New Jersey
$119K -$1.92K -100 -2%
VHAM
62
Van Hulzen Asset Management
California
$103K +$96.1K +5,000 New
US Bancorp
63
US Bancorp
Minnesota
$75K +$25.5K +1,325 +56%
SHJ
64
Sharkey, Howes & Javer
Colorado
$62K
AWM
65
Avior Wealth Management
Nebraska
$51K +$96 +5 +0.2%
Citigroup
66
Citigroup
New York
$43K -$15.5K -808 -28%
ASN
67
Advisory Services Network
Georgia
$41K
KA
68
Klingman & Associates
New York
$31K
SWA
69
Sutton Wealth Advisors
Florida
$27.1K +$25.3K +1,318 New
GAM
70
Gemmer Asset Management
California
$23K +$7.69K +400 +57%
CFA
71
Carroll Financial Associates
North Carolina
$20K
JIC
72
Joel Isaacson & Co
New York
$16K
NFG
73
Next Financial Group
Texas
$15K +$14.4K +750 New
FIB
74
First Interstate Bank
Montana
$11K
HDIM
75
Hanson & Doremus Investment Management
Vermont
$5K

RNP Hedge Fund Activity: Q2 2016 in Review

77 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 Q2 2016, worth a combined $176M — down 7.3% from $190M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of RNP and 12 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 29 added.

The largest buyer was McGowan Group Asset Management, adding an estimated $6.43M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $15.4M sold.

  • 77 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q2 2016, down from 85 in Q1 2016.
  • Funds reported $176M of Cohen & Steers REIT and Preferred and Income Fund stock for Q2 2016, down 7.3% quarter-over-quarter.
  • 12 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q2 2016 and 20 closed out, a net change of -8 holders.
  • The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q2 2016 was McGowan Group Asset Management, an estimated $6.43M added.
  • The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $15.4M sold.

Based on aggregated 13F filings for Q2 2016.