Cohen & Steers REIT and Preferred and Income Fund
RNP
112 hedge funds and large institutions have $233M invested in Cohen & Steers REIT and Preferred and Income Fund in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 28 reducing their positions, and 21 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.43% less ownership
Funds ownership: 18.18% → 17.75% (-0.43%)
1% less capital invested
Capital invested by funds: $235M → $233M (-$1.94M)
7% less funds holding
Funds holding: 120 → 112 (-8)
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.79M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.33M |
| 3 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$2.68M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.53M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$7.99M |
| 2 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$2.54M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.22M |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$1.47M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.01M |
RNP Hedge Fund Activity: Q3 2021 in Review
112 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2021, worth a combined $233M — down 0.83% from $235M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RNP and 14 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 42 added.
The largest buyer was Wells Fargo, adding an estimated $3.79M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $7.99M sold.
- 112 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2021, down from 120 in Q2 2021.
- Funds reported $233M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2021, down 0.83% quarter-over-quarter.
- 14 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2021 and 21 closed out, a net change of -7 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2021 was Wells Fargo, an estimated $3.79M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2021 was Penserra Capital Management, an estimated $7.99M sold.
Based on aggregated 13F filings for Q3 2021.