Cohen & Steers REIT and Preferred and Income Fund
RNP
96 hedge funds and large institutions have $179M invested in Cohen & Steers REIT and Preferred and Income Fund in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 32 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
5% more funds holding
Funds holding: 91 → 96 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.05% less ownership
Funds ownership: 15.89% → 15.84% (-0.05%)
3% less capital invested
Capital invested by funds: $186M → $179M (-$6.35M)
13% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$1.76M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.65M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
+$793K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$765K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$388K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.63M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.04M |
| 3 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$975K |
| 4 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
-$735K |
| 5 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$335K |
RNP Hedge Fund Activity: Q4 2019 in Review
96 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q4 2019, worth a combined $179M — down 3.4% from $186M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RNP positions and 9 closed out — a net gain of 8 holders — while 28 added to existing stakes and 32 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $1.76M. The largest seller was Parametric Portfolio Associates, cutting an estimated $2.63M.
- 96 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q4 2019, up from 91 in Q3 2019.
- Funds reported $179M of Cohen & Steers REIT and Preferred and Income Fund stock for Q4 2019, down 3.4% quarter-over-quarter.
- 17 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q4 2019 and 9 closed out, a net change of +8 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q4 2019 was Truist Financial, an estimated $1.76M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q4 2019 was Parametric Portfolio Associates, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2019.