Cohen & Steers REIT and Preferred and Income Fund
RNP
75 hedge funds and large institutions have $157M invested in Cohen & Steers REIT and Preferred and Income Fund in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
51% more capital inflows, than outflows
Capital inflows: $11.3M | Capital outflows: $7.47M
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
4% more funds holding
Funds holding: 72 → 75 (+3)
0.38% more ownership
Funds ownership: 16.66% → 17.04% (+0.38%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.15M |
| 2 |
Wolverine Asset Management
Chicago,
Illinois
|
+$1.79M |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
+$778K |
| 4 |
Camelot Portfolios
Maumee,
Ohio
|
+$533K |
| 5 |
Landscape Capital Management
Englewood,
New Jersey
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Investors US
Denver,
Colorado
|
-$2.12M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.99M |
| 3 |
Morgan Stanley
New York
|
-$695K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$434K |
| 5 |
Weiss Asset Management
Boston,
Massachusetts
|
-$325K |
RNP Hedge Fund Activity: Q1 2017 in Review
75 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q1 2017, worth a combined $157M — up 3.5% from $152M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RNP positions and 6 closed out — a net gain of 4 holders — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Wells Fargo, adding an estimated $4.15M. The largest seller was Janus Henderson Investors US, exiting entirely with an estimated $2.12M sold.
- 75 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q1 2017, up from 72 in Q4 2016.
- Funds reported $157M of Cohen & Steers REIT and Preferred and Income Fund stock for Q1 2017, up 3.5% quarter-over-quarter.
- 10 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q1 2017 and 6 closed out, a net change of +4 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q1 2017 was Wells Fargo, an estimated $4.15M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q1 2017 was Janus Henderson Investors US, an estimated $2.12M sold.
Based on aggregated 13F filings for Q1 2017.