Cohen & Steers REIT and Preferred and Income Fund
RNP
88 hedge funds and large institutions have $172M invested in Cohen & Steers REIT and Preferred and Income Fund in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
5% more funds holding
Funds holding: 84 → 88 (+4)
1% more capital invested
Capital invested by funds: $171M → $172M (+$1.25M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
0.66% less ownership
Funds ownership: 19.23% → 18.56% (-0.66%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.12M |
| 2 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$2.12M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.75M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$821K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$650K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.55M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.88M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.44M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.08M |
| 5 |
Millennium Management
New York
|
-$927K |
RNP Hedge Fund Activity: Q2 2018 in Review
88 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q2 2018, worth a combined $172M — up 0.73% from $171M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RNP positions and 9 closed out — a net gain of 7 holders — while 30 added to existing stakes and 30 trimmed.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $2.12M. The largest seller was UBS Group, cutting an estimated $4.55M.
- 88 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q2 2018, up from 84 in Q1 2018.
- Funds reported $172M of Cohen & Steers REIT and Preferred and Income Fund stock for Q2 2018, up 0.73% quarter-over-quarter.
- 16 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q2 2018 and 9 closed out, a net change of +7 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q2 2018 was Cetera Advisor Networks, an estimated $2.12M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q2 2018 was UBS Group, an estimated $4.55M sold.
Based on aggregated 13F filings for Q2 2018.