Cohen & Steers REIT and Preferred and Income Fund
RNP
72 hedge funds and large institutions have $172M invested in Cohen & Steers REIT and Preferred and Income Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 11 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.71% less ownership
Funds ownership: 21.46% → 20.75% (-0.71%)
4% less capital invested
Capital invested by funds: $180M → $172M (-$7.98M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 74 → 72 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.94M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.87M |
| 3 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$1.24M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$657K |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$639K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.33M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$2.29M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.21M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.58M |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$1.43M |
RNP Hedge Fund Activity: Q3 2015 in Review
72 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q3 2015, worth a combined $172M — down 4.4% from $180M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RNP and 10 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 29 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.94M. The largest seller was Advisors Asset Management, cutting an estimated $4.33M.
- 72 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q3 2015, down from 74 in Q2 2015.
- Funds reported $172M of Cohen & Steers REIT and Preferred and Income Fund stock for Q3 2015, down 4.4% quarter-over-quarter.
- 10 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q3 2015 and 11 closed out, a net change of -1 holder.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q3 2015 was Rivernorth Capital Management, an estimated $1.94M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q3 2015 was Advisors Asset Management, an estimated $4.33M sold.
Based on aggregated 13F filings for Q3 2015.