Cohen & Steers REIT and Preferred and Income Fund
RNP
98 hedge funds and large institutions have $145M invested in Cohen & Steers REIT and Preferred and Income Fund in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 39 reducing their positions, and 15 closing their positions.
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: 15 | Existing positions closed: 15
0.18% less ownership
Funds ownership: 16.2% → 16.02% (-0.18%)
1% less capital invested
Capital invested by funds: $146M → $145M (-$1.58M)
2% less funds holding
Funds holding: 100 → 98 (-2)
36% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.51M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.29M |
| 3 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$963K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
+$925K |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$810K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.33M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$1.24M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.13M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$553K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$505K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
101
COWA LLC
Tulsa,
Oklahoma
| – | -$1.5K | -29,400 | Closed |
|
|
AAS
102
Avantax Advisory Services
Dallas,
Texas
| – | -$361K | -18,494 | Closed |
|
103
Creative Planning
Overland Park,
Kansas
| – | -$323K | -16,537 | Closed |
|
|
WMA
104
West Michigan Advisors
Holland,
Michigan
| – | -$275K | -14,080 | Closed |
|
|
RA
105
RFG Advisory
Birmingham,
Alabama
| – | -$247K | -12,636 | Closed |
|
|
VF
106
Virtu Financial
New York
| – | -$240K | -12,283 | Closed |
|
|
AAS
107
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$95.6K | -4,900 | Closed |
|
|
S
108
SignatureFD
Atlanta,
Georgia
| – | -$48.8K | -2,500 | Closed |
|
|
WWM
109
Wolff Wiese Magana
Carslbad,
California
| – | -$45.8K | -2,349 | Closed |
|
|
BAM
110
Belpointe Asset Management
Reno,
Nevada
| – | -$29.3K | -1,500 | Closed |
|
|
NC
111
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$6.71K | -344 | Closed |
|
|
CSWM
112
Cassady Schiller Wealth Management
Cincinnati,
Ohio
| – | -$2.24K | -115 | Closed |
|
RNP Hedge Fund Activity: Q2 2023 in Review
98 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q2 2023, worth a combined $145M — down 1.1% from $146M a quarter earlier.
Fund positioning in RNP was balanced in Q2 2023: 15 funds opened new positions, 15 closed out, 25 added to existing stakes and 39 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.51M. The largest seller was Morgan Stanley, cutting an estimated $1.33M.
- 98 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q2 2023, down from 100 in Q1 2023.
- Funds reported $145M of Cohen & Steers REIT and Preferred and Income Fund stock for Q2 2023, down 1.1% quarter-over-quarter.
- 15 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q2 2023 and 15 closed out, a net change of 0 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q2 2023 was LPL Financial, an estimated $1.51M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q2 2023 was Morgan Stanley, an estimated $1.33M sold.
Based on aggregated 13F filings for Q2 2023.