Cohen & Steers REIT and Preferred and Income Fund
RNP
80 hedge funds and large institutions have $185M invested in Cohen & Steers REIT and Preferred and Income Fund in 2017 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
18% more funds holding
Funds holding: 68 → 80 (+12)
7% more capital invested
Capital invested by funds: $173M → $185M (+$12M)
0.96% more ownership
Funds ownership: 17.35% → 18.31% (+0.96%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.82M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.44M |
| 3 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
+$1.87M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$792K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$715K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.24M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$916K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$741K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$673K |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
-$436K |
RNP Hedge Fund Activity: Q4 2017 in Review
80 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q4 2017, worth a combined $185M — up 6.9% from $173M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RNP positions and 7 closed out — a net gain of 12 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was UBS Group, adding an estimated $3.82M. The largest seller was Morgan Stanley, cutting an estimated $1.24M.
- 80 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q4 2017, up from 68 in Q3 2017.
- Funds reported $185M of Cohen & Steers REIT and Preferred and Income Fund stock for Q4 2017, up 6.9% quarter-over-quarter.
- 19 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q4 2017 and 7 closed out, a net change of +12 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q4 2017 was UBS Group, an estimated $3.82M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q4 2017 was Morgan Stanley, an estimated $1.24M sold.
Based on aggregated 13F filings for Q4 2017.