Cohen & Steers REIT and Preferred and Income Fund
RNP
98 hedge funds and large institutions have $129M invested in Cohen & Steers REIT and Preferred and Income Fund in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 36 reducing their positions, and 12 closing their positions.
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 98 → 98 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.2% less ownership
Funds ownership: 16.02% → 15.82% (-0.2%)
11% less capital invested
Capital invested by funds: $145M → $129M (-$15.6M)
31% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.15M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$1.16M |
| 3 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$1.02M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$802K |
| 5 |
LPL Financial
San Diego,
California
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.92M |
| 2 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$1.35M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.02M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$841K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$635K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SMC
101
Smith, Moore & Co
Clayton,
Missouri
| – | -$310K | -16,336 | Closed |
|
102
Stifel Financial
St. Louis,
Missouri
| – | -$273K | -14,398 | Closed |
|
|
MFG
103
Merit Financial Group
Alpharetta,
Georgia
| – | -$238K | -12,524 | Closed |
|
|
XF
104
XML Financial
Bethesda,
Maryland
| – | -$215K | -11,329 | Closed |
|
105
JP Morgan Chase
New York
| – | -$95.7K | -5,041 | Closed |
|
|
CAS
106
Coppell Advisory Solutions
Coppell,
Texas
| – | -$12K | -635 | Closed |
|
|
EWA
107
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$5.87K | -309 | Closed |
|
|
WAM
108
Worth Asset Management
Dallas,
Texas
| – | -$2.85K | -150 | Closed |
|
|
CMP
109
Coston McIsaac & Partners
Bar Harbor,
Maine
| – | -$1K | -64 | Closed |
|
|
CWM
110
CarsonAllaria Wealth Management
Glen Carbon,
Illinois
| – | -$153 | -8 | Closed |
|
RNP Hedge Fund Activity: Q3 2023 in Review
98 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2023, worth a combined $129M — down 11% from $145M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RNP positions and 12 closed out — a net gain of 1 holder — while 25 added to existing stakes and 36 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.15M. The largest seller was Bank of America, cutting an estimated $1.92M.
- 98 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $129M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2023, down 11% quarter-over-quarter.
- 13 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2023 and 12 closed out, a net change of +1 holder.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2023 was Morgan Stanley, an estimated $2.15M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2023 was Bank of America, an estimated $1.92M sold.
Based on aggregated 13F filings for Q3 2023.