Cohen & Steers REIT and Preferred and Income Fund
RNP
73 hedge funds and large institutions have $147M invested in Cohen & Steers REIT and Preferred and Income Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 9 closing their positions.
0.16% more ownership
Funds ownership: 17.44% → 17.6% (+0.16%)
4% less capital invested
Capital invested by funds: $152M → $147M (-$5.36M)
8% less funds holding
Funds holding: 79 → 73 (-6)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$6.79M |
| 2 |
Morgan Stanley
New York
|
+$1.78M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.09M |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$809K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$643K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.57M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.15M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$853K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$769K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$495K |
RNP Hedge Fund Activity: Q3 2014 in Review
73 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2014, worth a combined $147M — down 3.5% from $152M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RNP and 3 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 22 added.
The largest buyer was Advisors Asset Management, adding an estimated $6.79M. The largest seller was Wolverine Asset Management, cutting an estimated $4.57M.
- 73 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2014, down from 79 in Q2 2014.
- Funds reported $147M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2014, down 3.5% quarter-over-quarter.
- 3 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2014 and 9 closed out, a net change of -6 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2014 was Advisors Asset Management, an estimated $6.79M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2014 was Wolverine Asset Management, an estimated $4.57M sold.
Based on aggregated 13F filings for Q3 2014.