Cohen & Steers REIT and Preferred and Income Fund
RNP
107 hedge funds and large institutions have $159M invested in Cohen & Steers REIT and Preferred and Income Fund in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 34 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
0% more funds holding
Funds holding: 107 → 107 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.68% less ownership
Funds ownership: 18.56% → 15.88% (-2.7%)
11% less capital invested
Capital invested by funds: $178M → $159M (-$19M)
18% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.78M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.66M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.36M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$863K |
| 5 |
PI
PFG Investments
Woodbury,
New York
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$23.7M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.81M |
| 3 |
FFP
FourThought Financial Partners
Venice,
Florida
|
-$1.21M |
| 4 |
FSI
Flow State Investments
Chicago,
Illinois
|
-$876K |
| 5 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$855K |
RNP Hedge Fund Activity: Q1 2024 in Review
107 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q1 2024, worth a combined $159M — down 11% from $178M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RNP positions and 13 closed out — a net gain of 2 holders — while 28 added to existing stakes and 34 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.78M. The largest seller was Morgan Stanley, cutting an estimated $23.7M.
- 107 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $159M of Cohen & Steers REIT and Preferred and Income Fund stock for Q1 2024, down 11% quarter-over-quarter.
- 15 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q1 2024 and 13 closed out, a net change of +2 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q1 2024 was Ameriprise, an estimated $1.78M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $23.7M sold.
Based on aggregated 13F filings for Q1 2024.