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Cohen & Steers REIT and Preferred and Income Fund

65 hedge funds and large institutions have $106M invested in Cohen & Steers REIT and Preferred and Income Fund in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.47% more ownership

Funds ownership: 13.18%13.64% (+0.47%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $109M → $106M (-$3.53M)

3% less funds holding

Funds holding: 6765 (-2)

18% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 22

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
65
Holders Change
-2
Holders Change %
-2.99%
% of All Funds
2.11%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
18
Reduced
22
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$14.8M +$1.31M +80,770 +9%
PPA
2
Parametric Portfolio Associates
Washington
$9.64M -$171K -10,523 -2%
GC
3
Guggenheim Capital
Illinois
$9.45M -$1.84M -113,223 -16%
1832 Asset Management
4
1832 Asset Management
Ontario, Canada
$6.53M
AAM
5
Advisors Asset Management
Colorado
$6.53M -$424K -26,108 -6%
Bank of America
6
Bank of America
North Carolina
$6.29M -$568K -34,921 -8%
CP
7
Camelot Portfolios
Ohio
$5.73M +$498K +30,661 +9%
LPL Financial
8
LPL Financial
California
$5.45M -$356K -21,875 -6%
WAM
9
Wolverine Asset Management
Illinois
$4.82M +$2.34M +143,932 +86%
CA
10
Cornerstone Advisors
North Carolina
$4.18M +$3.4M +209,159 +346%
Wells Fargo
11
Wells Fargo
California
$3.94M +$822K +50,603 +25%
BTS
12
BB&T Securities
Virginia
$2.82M +$94.5K +5,813 +47%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.63M -$1.33M -81,963 -33%
Invesco
14
Invesco
Georgia
$2.49M -$580K -35,701 -18%
U
15
UBS
Switzerland
$2.23M -$191K -11,747 -8%
RJA
16
Raymond James & Associates
Florida
$1.95M +$473K +29,129 +30%
RCM
17
Rivernorth Capital Management
Florida
$1.7M +$1.78M +109,526 New
BC
18
Bartlett & Co
Ohio
$1.38M +$262K +16,150 +22%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$1.34M
DIA
20
Dean Investment Associates
Ohio
$1.11M
AQR Capital Management
21
AQR Capital Management
Connecticut
$1.07M +$1.12M +68,820 New
COLIM
22
City of London Investment Management
United Kingdom
$1.05M +$375K +23,099 +53%
Northern Trust
23
Northern Trust
Illinois
$870K +$65K +4,000 +8%
DA
24
Doliver Advisors
Texas
$787K +$225K +13,834 +38%
VFS
25
VSR Financial Services
Kansas
$631K +$29.3K +1,800 +5%

RNP Hedge Fund Activity: Q3 2013 in Review

65 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2013, worth a combined $106M — down 3.2% from $109M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of RNP and 7 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 18 added.

The largest buyer was Cornerstone Advisors, adding an estimated $3.4M. The largest seller was Guggenheim Capital, cutting an estimated $1.84M.

  • 65 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2013, down from 67 in Q2 2013.
  • Funds reported $106M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2013, down 3.2% quarter-over-quarter.
  • 7 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2013 and 9 closed out, a net change of -2 holders.
  • The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2013 was Cornerstone Advisors, an estimated $3.4M added.
  • The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2013 was Guggenheim Capital, an estimated $1.84M sold.

Based on aggregated 13F filings for Q3 2013.