Cohen & Steers REIT and Preferred and Income Fund
RNP
83 hedge funds and large institutions have $157M invested in Cohen & Steers REIT and Preferred and Income Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 16 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
22% more capital invested
Capital invested by funds: $128M → $157M (+$28.5M)
0.4% more ownership
Funds ownership: 16.84% → 17.23% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 92 → 83 (-9)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.66M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.03M |
| 3 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
+$1.83M |
| 4 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$1.28M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.76M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.46M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.36M |
| 4 |
Goldman Sachs
New York
|
-$1.2M |
| 5 |
JG
Jefferies Group
New York
|
-$1.14M |
RNP Hedge Fund Activity: Q2 2020 in Review
83 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q2 2020, worth a combined $157M — up 22% from $128M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RNP and 7 opened new positions — a net loss of 9 holders — while 28 trimmed existing stakes and 37 added.
The largest buyer was Morgan Stanley, adding an estimated $6.66M. The largest seller was Wolverine Asset Management, cutting an estimated $1.76M.
- 83 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q2 2020, down from 92 in Q1 2020.
- Funds reported $157M of Cohen & Steers REIT and Preferred and Income Fund stock for Q2 2020, up 22% quarter-over-quarter.
- 7 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q2 2020 and 16 closed out, a net change of -9 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q2 2020 was Morgan Stanley, an estimated $6.66M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q2 2020 was Wolverine Asset Management, an estimated $1.76M sold.
Based on aggregated 13F filings for Q2 2020.