Cohen & Steers REIT and Preferred and Income Fund
RNP
107 hedge funds and large institutions have $155M invested in Cohen & Steers REIT and Preferred and Income Fund in 2022 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 20 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.46% less ownership
Funds ownership: 17.29% → 16.83% (-0.46%)
4% less funds holding
Funds holding: 111 → 107 (-4)
12% less capital invested
Capital invested by funds: $176M → $155M (-$20.3M)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$1.47M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 3 |
Morgan Stanley
New York
|
+$948K |
| 4 |
LPL Financial
San Diego,
California
|
+$579K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.45M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$956K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$862K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$597K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$450K |
RNP Hedge Fund Activity: Q3 2022 in Review
107 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2022, worth a combined $155M — down 12% from $176M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of RNP and 16 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 35 added.
The largest buyer was Ellis Investment Partners, adding an estimated $1.47M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $4.45M sold.
- 107 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2022, down from 111 in Q2 2022.
- Funds reported $155M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2022, down 12% quarter-over-quarter.
- 16 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2022 and 20 closed out, a net change of -4 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2022 was Ellis Investment Partners, an estimated $1.47M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2022 was Penserra Capital Management, an estimated $4.45M sold.
Based on aggregated 13F filings for Q3 2022.