Cohen & Steers REIT and Preferred and Income Fund
RNP
107 hedge funds and large institutions have $178M invested in Cohen & Steers REIT and Preferred and Income Fund in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 28 increasing their positions, 34 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
38% more capital invested
Capital invested by funds: $129M → $178M (+$48.7M)
9% more funds holding
Funds holding: 98 → 107 (+9)
2.73% more ownership
Funds ownership: 15.82% → 18.56% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23.9M |
| 2 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$2.75M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.22M |
| 4 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$775K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$729K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$6.21M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.68M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$871K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$592K |
| 5 |
EC
Elequin Capital
New York
|
-$352K |
RNP Hedge Fund Activity: Q4 2023 in Review
107 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q4 2023, worth a combined $178M — up 38% from $129M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RNP positions and 8 closed out — a net gain of 11 holders — while 28 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $23.9M. The largest seller was Johnson Financial Group Inc (Wisconsin), cutting an estimated $6.21M.
- 107 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q4 2023, up from 98 in Q3 2023.
- Funds reported $178M of Cohen & Steers REIT and Preferred and Income Fund stock for Q4 2023, up 38% quarter-over-quarter.
- 19 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q4 2023 and 8 closed out, a net change of +11 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $23.9M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q4 2023 was Johnson Financial Group Inc (Wisconsin), an estimated $6.21M sold.
Based on aggregated 13F filings for Q4 2023.