Cohen & Steers REIT and Preferred and Income Fund
RNP
122 hedge funds and large institutions have $219M invested in Cohen & Steers REIT and Preferred and Income Fund in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 36 reducing their positions, and 17 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.12% less ownership
Funds ownership: 17.33% → 17.21% (-0.12%)
5% less funds holding
Funds holding: 129 → 122 (-7)
7% less capital invested
Capital invested by funds: $236M → $219M (-$16.5M)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$5.48M |
| 2 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$1.18M |
| 3 |
Morgan Stanley
New York
|
+$1.08M |
| 4 |
WSCM
Wellington Shields Capital Management
New York
|
+$775K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$675K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.15M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.18M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$998K |
| 4 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
-$723K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$626K |
RNP Hedge Fund Activity: Q1 2022 in Review
122 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q1 2022, worth a combined $219M — down 7% from $236M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of RNP and 14 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 42 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $5.48M. The largest seller was Wells Fargo, cutting an estimated $3.15M.
- 122 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q1 2022, down from 129 in Q4 2021.
- Funds reported $219M of Cohen & Steers REIT and Preferred and Income Fund stock for Q1 2022, down 7% quarter-over-quarter.
- 14 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q1 2022 and 17 closed out, a net change of -3 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q1 2022 was Penserra Capital Management, an estimated $5.48M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q1 2022 was Wells Fargo, an estimated $3.15M sold.
Based on aggregated 13F filings for Q1 2022.