Cohen & Steers REIT and Preferred and Income Fund
RNP
79 hedge funds and large institutions have $202M invested in Cohen & Steers REIT and Preferred and Income Fund in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
5% more capital invested
Capital invested by funds: $192M → $202M (+$9.53M)
0.53% more ownership
Funds ownership: 20.63% → 21.15% (+0.53%)
0% more funds holding
Funds holding: 79 → 79 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$5.03M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$4.06M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.43M |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$1.43M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.87M |
| 2 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$1.99M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.29M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.12M |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
MUFG Americas
New York
| $15K | +$1.22K | +63 | +9% |
|
|
IC
77
Intersect Capital
San Ramon,
California
| $9K | +$9.72K | +500 | New |
|
|
HDIM
78
Hanson & Doremus Investment Management
Burlington,
Vermont
| $5K | – | – | – |
|
79
AllianceBernstein
Nashville,
Tennessee
| $2K | +$1.94K | +100 | New |
|
|
WEC
80
Winslow Evans & Crocker
Boston,
Massachusetts
| $40 | – | – | – |
|
|
81
AQR Capital Management
Greenwich,
Connecticut
| – | -$1.29M | -67,891 | Closed |
|
|
GFM
82
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$1.08M | -57,066 | Closed |
|
|
ST
83
Sentinel Trust
Houston,
Texas
| – | -$261K | -13,721 | Closed |
|
|
BP
84
BBR Partners
New York
| – | -$256K | -13,476 | Closed |
|
85
Goldman Sachs
New York
| – | -$218K | -11,501 | Closed |
|
|
BOS
86
Bank of Stockton
Stockton,
California
| – | -$196K | -10,310 | Closed |
|
|
NPC
87
National Planning Corporation
El Segundo,
California
| – | -$68.1K | -3,500 | Closed |
|
|
BRWA
88
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$36 | -1,894 | Closed |
|
|
WA
89
WFG Advisors
Dallas,
Texas
| – | -$8K | -400 | Closed |
|
RNP Hedge Fund Activity: Q1 2015 in Review
79 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q1 2015, worth a combined $202M — up 5% from $192M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RNP positions and 9 closed out — a net gain of 1 holder — while 24 added to existing stakes and 22 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $5.03M. The largest seller was Advisors Asset Management, cutting an estimated $3.87M.
- 79 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $202M of Cohen & Steers REIT and Preferred and Income Fund stock for Q1 2015, up 5% quarter-over-quarter.
- 10 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q1 2015 and 9 closed out, a net change of +1 holder.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q1 2015 was Wolverine Asset Management, an estimated $5.03M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q1 2015 was Advisors Asset Management, an estimated $3.87M sold.
Based on aggregated 13F filings for Q1 2015.