Cohen & Steers REIT and Preferred and Income Fund
RNP
127 hedge funds and large institutions have $173M invested in Cohen & Steers REIT and Preferred and Income Fund in 2024 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 15 closing their positions.
307% more capital inflows, than outflows
Capital inflows: $24M | Capital outflows: $5.91M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
9% more funds holding
Funds holding: 117 → 127 (+10)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
0.82% more ownership
Funds ownership: 16.45% → 17.27% (+0.82%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.58M |
| 2 |
LPL Financial
San Diego,
California
|
+$684K |
| 3 |
Wolverine Asset Management
Chicago,
Illinois
|
+$568K |
| 4 |
Ellis Investment Partners
Berwyn,
Pennsylvania
|
+$543K |
| 5 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$521K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$877K |
| 2 |
IPA
Investment Planning Advisors
Cumming,
Georgia
|
-$459K |
| 3 |
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$350K |
| 4 |
Good Life Advisors
Reading,
Pennsylvania
|
-$349K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$314K |
RNP Hedge Fund Activity: Q4 2024 in Review
127 of the 7,622 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers REIT and Preferred and Income Fund (RNP) for Q4 2024, worth a combined $173M — down 7.1% from $186M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RNP positions and 15 closed out — a net gain of 13 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $1.58M. The largest seller was Wells Fargo, cutting an estimated $877K.
- 127 institutional investors held Cohen & Steers REIT and Preferred and Income Fund (RNP) as of Q4 2024, up from 117 in Q3 2024.
- Funds reported $173M of Cohen & Steers REIT and Preferred and Income Fund stock for Q4 2024, down 7.1% quarter-over-quarter.
- 28 funds opened new Cohen & Steers REIT and Preferred and Income Fund positions in Q4 2024 and 15 closed out, a net change of +13 holders.
- The largest Cohen & Steers REIT and Preferred and Income Fund buyer in Q4 2024 was Cornerstone Advisors, an estimated $1.58M added.
- The largest Cohen & Steers REIT and Preferred and Income Fund seller in Q4 2024 was Wells Fargo, an estimated $877K sold.
Based on aggregated 13F filings for Q4 2024.