Cohen & Steers REIT and Preferred and Income Fund
RNP
100 hedge funds and large institutions have $146M invested in Cohen & Steers REIT and Preferred and Income Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 10 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.3% less ownership
Funds ownership: 16.5% → 16.2% (-0.3%)
4% less funds holding
Funds holding: 104 → 100 (-4)
8% less capital invested
Capital invested by funds: $159M → $146M (-$13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$1.07M |
| 2 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$931K |
| 3 |
LPL Financial
San Diego,
California
|
+$712K |
| 4 |
CL
COWA LLC
Tulsa,
Oklahoma
|
+$623K |
| 5 |
DLG
Daniel L. Goodwin
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$1.4M |
| 2 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$1.33M |
| 3 |
Morgan Stanley
New York
|
-$1.26M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$765K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$671K |
RNP Hedge Fund Activity: Q1 2023 in Review
100 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q1 2023, worth a combined $146M — down 8.2% from $159M a quarter earlier.
Fund positioning in RNP was balanced in Q1 2023: 10 funds opened new positions, 10 closed out, 34 added to existing stakes and 33 trimmed.
The largest buyer was EP Wealth Advisors, opening a new position worth an estimated $1.07M. The largest seller was International Assets Investment Management, cutting an estimated $1.4M.
- 100 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q1 2023, down from 104 in Q4 2022.
- Funds reported $146M of Cohen & Steers REIT and Preferred and Income Fund stock for Q1 2023, down 8.2% quarter-over-quarter.
- 10 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q1 2023 and 10 closed out, a net change of 0 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q1 2023 was EP Wealth Advisors, an estimated $1.07M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q1 2023 was International Assets Investment Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2023.