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Cohen & Steers REIT and Preferred and Income Fund

77 hedge funds and large institutions have $176M invested in Cohen & Steers REIT and Preferred and Income Fund in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 24

3.1% less ownership

Funds ownership: 21.09%17.99% (-3.1%)

7% less capital invested

Capital invested by funds: $190M → $176M (-$13.8M)

9% less funds holding

Funds holding: 8577 (-8)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

40% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 20

Holders
77
Holders Change
-8
Holders Change %
-9.41%
% of All Funds
2.05%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
12
Increased
29
Reduced
24
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MGAM
1
McGowan Group Asset Management
Texas
$34.1M +$6.43M +334,772 +25%
Morgan Stanley
2
Morgan Stanley
New York
$19.7M -$275K -14,331 -1%
CA
3
Cornerstone Advisors
North Carolina
$14M -$1.7M -88,526 -12%
Bank of America
4
Bank of America
North Carolina
$11.8M +$49.6K +2,583 +0.5%
Wells Fargo
5
Wells Fargo
California
$10.7M +$1.44M +74,999 +17%
CP
6
Camelot Portfolios
Ohio
$8.2M -$544K -28,306 -7%
UBS Group
7
UBS Group
Switzerland
$8.17M +$2.56M +133,311 +50%
SWP
8
Stratos Wealth Partners
Ohio
$7.29M +$4.37M +227,611 +179%
LPL Financial
9
LPL Financial
California
$6.61M -$5.26M -273,603 -46%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$4.91M +$245K +12,732 +6%
AAM
11
Advisors Asset Management
Colorado
$4.75M -$4.24M -220,546 -49%
Bessemer Group
12
Bessemer Group
New Jersey
$2.41M +$769K +40,000 +52%
RJA
13
Raymond James & Associates
Florida
$2.37M +$320K +16,648 +17%
BC
14
Bartlett & Co
Ohio
$2.34M +$8.65K +450 +0.4%
JHIU
15
Janus Henderson Investors US
Colorado
$2.23M +$2.08M +108,348 New
CIA
16
Capital Investment Advisors
Georgia
$2.21M -$61.6K -3,203 -3%
CRC
17
Curi RMB Capital
Illinois
$2.21M +$2.07M +107,454 New
MCM
18
Moore Capital Management
New York
$2.16M -$475K -24,700 -19%
GC
19
Guggenheim Capital
Illinois
$2.09M -$218K -11,356 -10%
MC
20
Matisse Capital
Oregon
$1.98M -$5.95M -309,522 -76%
DBT
21
Dubuque Bank & Trust
Iowa
$1.83M +$88.3K +4,594 +5%
CAN
22
Cetera Advisor Networks
California
$1.58M +$172K +8,960 +13%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$1.48M +$177K +9,233 +15%
Invesco
24
Invesco
Georgia
$1.47M -$769K -40,034 -36%
CFP
25
Cornerstone Financial Partners
North Carolina
$1.44M +$1.35M +70,100 New

RNP Hedge Fund Activity: Q2 2016 in Review

77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q2 2016, worth a combined $176M — down 7.3% from $190M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of RNP and 12 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 29 added.

The largest buyer was McGowan Group Asset Management, adding an estimated $6.43M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $15.4M sold.

  • 77 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q2 2016, down from 85 in Q1 2016.
  • Funds reported $176M of Cohen & Steers REIT and Preferred and Income Fund stock for Q2 2016, down 7.3% quarter-over-quarter.
  • 12 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q2 2016 and 20 closed out, a net change of -8 holders.
  • The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q2 2016 was McGowan Group Asset Management, an estimated $6.43M added.
  • The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $15.4M sold.

Based on aggregated 13F filings for Q2 2016.