Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

COHEN & STEERS TAX ADVAN PFD (PTA)

56 + Investors. Track Smart Money conviction in PTA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
2Q ▲
Buyers last Q
55%

Smart Money Signals — PTA

Based on 58 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added PTA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
58 hedge funds hold PTA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

35 buying29 selling
Last quarter: 35 funds bought or added vs 29 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new PTA position: 11 → 11 → 7 → 19. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 38% long-term, 40% new

■ 38% conviction (2yr+) ■ 22% medium ■ 40% new
Of the 58 current holders: 22 (38%) held >2 years, 13 held 1–2 years, and 23 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📈

Growing discovery — still being found

18 → 11 → 11 → 7 → 19 new funds/Q
New funds entering each quarter: 11 → 11 → 7 → 19. A growing number of institutions are discovering PTA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 43% of holders stayed 2+ years

■ 43% veterans ■ 10% 1-2yr ■ 47% new
Of 58 current holders: 25 (43%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 82% AUM from top-100 funds

82% from top-100 AUM funds
12 of 58 holders are among the 100 largest funds by AUM, controlling 82% of total institutional value in PTA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PTA

In 2025 Q4, 35 hedge funds were net buyers of PTA (19 opened a new position, 16 added to an existing one), while 29 reduced or exited (17 trimmed, 12 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 82% of total institutional value in PTA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 58.

Hedge Fund Ownership: PTA

How many hedge funds hold PTA — quarterly history vs. share price
Quarterly hedge fund ownership of PTA vs. share price

Market Analysis: PTA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PTA

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: PTA
2026 Q1 Stats Unlock in 2 days 56 + Investors

Track Smart Money conviction in PTA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 56 49 14.29%
13F Shares 13M 13M 5.38%
Total Value $255M $258M -0.92%
New Positions 19 7 +12
Increased Positions 15 17 -2
Closed Positions 12 5 +7
Reduced Positions 17 12 +5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PTA

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

56 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PTA. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of PTA — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Logan Stone Capital, LLC 1.37% 264,073 $4.9M
2 Shaker Financial Services, LLC 0.95% 146,189 $2.7M
3 Rareview Capital LLC 0.76% 65,472 $1.3M
4 Closed-End Fund Advisors, Inc. 0.22% 11,723 $220K
5 Pettinga Financial Advisors LLC 0.19% 53,164 $996K
6 Noble Wealth Management PBC 0.07% 7,085 $133K
7 COFG Advisors, LLC 0.06% 12,485 $234K
8 LexAurum Advisors, LLC 0.05% 19,303 $362K
9 WEDBUSH SECURITIES INC 0.04% 65,591 $1K
10 READYSTATE ASSET MANAGEMENT LP 0.02% 29,178 $547K
11 Independent Advisor Alliance 0.02% 81,085 $1.5M
12 OPPENHEIMER & CO INC 0.01% 55,029 $1.0M
13 RFG Advisory, LLC 0.01% 31,556 $591K
14 WPG Advisers, LLC 0.01% 581 $11K
15 UBS Group AG 0.01% 2,387,875 $44.7M
16 Rockefeller Capital Management L.P. 0.01% 201,349 $3.8M
17 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% 21,634 $405K
18 CreativeOne Wealth, LLC 0.00% 10,900 $204K
19 MORGAN STANLEY 0.00% 3,872,400 $72.6M
20 GUGGENHEIM CAPITAL LLC 0.00% 28,521 $534K
21 CHOREO, LLC 0.00% 12,019 $225K
22 Lido Advisors, LLC 0.00% 45,785 $858K
23 Pinnacle Wealth Planning Services, Inc. 0.00% 1,320 $25K
24 STIFEL FINANCIAL CORP 0.00% 145,751 $2.7M
25 RAYMOND JAMES FINANCIAL INC 0.00% 433,712 $8.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — COHEN & STEERS TAX ADVAN PFD (PTA)

What does the Smart Money Trend signal show for PTA?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added PTA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PTA?

Slight buying edge — 55% buying: Last quarter: 35 funds bought or added vs 29 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PTA holders?

Elite ownership — 82% AUM from top-100 funds: 12 of 58 holders are among the 100 largest funds by AUM, controlling 82% of total institutional value in PTA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PTA?

Mixed — 38% long-term, 40% new: Of the 58 current holders: 22 (38%) held >2 years, 13 held 1–2 years, and 23 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.