Cohen & Steers REIT and Preferred and Income Fund
RNP
100 hedge funds and large institutions have $185M invested in Cohen & Steers REIT and Preferred and Income Fund in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 22 increasing their positions, 40 reducing their positions, and 7 closing their positions.
229% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 7
18% more funds holding
Funds holding: 85 → 100 (+15)
13% more capital invested
Capital invested by funds: $163M → $185M (+$21.9M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.03% less ownership
Funds ownership: 17.08% → 17.05% (-0.03%)
45% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.52M |
| 2 |
Millennium Management
New York
|
+$1.38M |
| 3 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
+$1.16M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$461K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.72M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$918K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$698K |
| 4 |
Morgan Stanley
New York
|
-$683K |
| 5 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$670K |
RNP Hedge Fund Activity: Q4 2020 in Review
100 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q4 2020, worth a combined $185M — up 13% from $163M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new RNP positions and 7 closed out — a net gain of 16 holders — while 22 added to existing stakes and 40 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.52M. The largest seller was Bank of America, cutting an estimated $2.72M.
- 100 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q4 2020, up from 85 in Q3 2020.
- Funds reported $185M of Cohen & Steers REIT and Preferred and Income Fund stock for Q4 2020, up 13% quarter-over-quarter.
- 23 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q4 2020 and 7 closed out, a net change of +16 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q4 2020 was Ameriprise, an estimated $1.52M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q4 2020 was Bank of America, an estimated $2.72M sold.
Based on aggregated 13F filings for Q4 2020.