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Cohen & Steers REIT and Preferred and Income Fund

79 hedge funds and large institutions have $157M invested in Cohen & Steers REIT and Preferred and Income Fund in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 18 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 18

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

13% more capital invested

Capital invested by funds: $139M → $157M (+$17.5M)

1% more funds holding

Funds holding: 7879 (+1)

0.74% more ownership

Funds ownership: 16.7%17.44% (+0.74%)

Holders
79
Holders Change
+1
Holders Change %
+1.28%
% of All Funds
2.27%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
9
Increased
34
Reduced
18
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$24.4M +$7.34M +418,632 +45%
Morgan Stanley
2
Morgan Stanley
New York
$15.6M +$71.7K +4,090 +0.5%
PPA
3
Parametric Portfolio Associates
Washington
$13.7M +$1.09M +62,418 +9%
CA
4
Cornerstone Advisors
North Carolina
$13.5M +$2.75M +156,590 +26%
CP
5
Camelot Portfolios
Ohio
$7.09M +$369K +21,040 +6%
Wells Fargo
6
Wells Fargo
California
$5.93M -$790K -45,041 -12%
Bank of America
7
Bank of America
North Carolina
$5.92M -$1.55M -88,400 -21%
LPL Financial
8
LPL Financial
California
$5.92M +$238K +13,579 +4%
RCM
9
Rivernorth Capital Management
Florida
$5.43M +$2.76M +157,628 +110%
BTS
10
BB&T Securities
Virginia
$4.99M +$219K +12,508 +83%
WAM
11
Wolverine Asset Management
Illinois
$4.73M -$814K -46,423 -15%
GC
12
Guggenheim Capital
Illinois
$4.48M -$1.16M -66,170 -21%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$4.19M +$327K +18,659 +9%
Invesco
14
Invesco
Georgia
$3.58M +$365K +20,828 +12%
U
15
UBS
Switzerland
$3M -$44K -2,512 -1%
CIA
16
Capital Investment Advisors
Georgia
$2.63M -$164K -9,329 -6%
AQR Capital Management
17
AQR Capital Management
Connecticut
$2.54M +$451K +25,702 +22%
CS
18
Credit Suisse
Switzerland
$2.49M -$32.1K -1,829 -1%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$2.03M
RJA
20
Raymond James & Associates
Florida
$1.95M -$7.8K -445 -0.4%
BC
21
Bartlett & Co
Ohio
$1.9M +$76.3K +4,350 +4%
BNP Paribas Financial Markets
22
BNP Paribas Financial Markets
France
$1.63M +$462K +26,376 +41%
DA
23
Doliver Advisors
Texas
$1.47M +$68.1K +3,882 +5%
CAN
24
Cetera Advisor Networks
California
$1.46M +$324K +18,474 +30%
GFM
25
Gramercy Funds Management
Connecticut
$1.36M +$1.32M +75,366 New

RNP Hedge Fund Activity: Q2 2014 in Review

79 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q2 2014, worth a combined $157M — up 13% from $139M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new RNP positions and 7 closed out — a net gain of 2 holders — while 34 added to existing stakes and 18 trimmed.

The largest buyer was Advisors Asset Management, adding an estimated $7.34M. The largest seller was Brookfield Corp, exiting entirely with an estimated $5.17M sold.

  • 79 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q2 2014, up from 78 in Q1 2014.
  • Funds reported $157M of Cohen & Steers REIT and Preferred and Income Fund stock for Q2 2014, up 13% quarter-over-quarter.
  • 9 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q2 2014 and 7 closed out, a net change of +2 holders.
  • The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q2 2014 was Advisors Asset Management, an estimated $7.34M added.
  • The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q2 2014 was Brookfield Corp, an estimated $5.17M sold.

Based on aggregated 13F filings for Q2 2014.