Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cohen & Steers Tax Advan Pfd (PTA)

62 + 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
↑ +5
Streak
1Q ▲
Buyers last Q
58%

Smart Money Signals — PTA

Based on 62 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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
62 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.
🚀

Fast accumulation — +27% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+27% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 58% buying

35 buying25 selling
Last quarter: 35 funds bought or added vs 25 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.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 20 → 11 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 24% medium ■ 32% new
27 out of 62 hedge funds have held PTA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

11 → 7 → 20 → 11 → 11 new funds/Q
New funds entering each quarter: 7 → 20 → 11 → 11. PTA is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 44% veterans vs 42% newcomers

■ 44% veterans ■ 15% 1-2yr ■ 42% new
Entry-cohort mix of 62 holders: 27 (44%) are 2+ year veterans, 9 entered 1–2 years ago, and 26 (42%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 88% AUM from top-100 funds

88% from top-100 AUM funds
12 of 62 holders are among the 100 largest funds by AUM, controlling 88% 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.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 2026 Q2, 35 hedge funds were net buyers of PTA (11 opened a new position, 24 added to an existing one), while 25 reduced or exited (19 trimmed, 6 sold completely) — a 58% buyer ratio, indicating a slight buying edge. 88% of total institutional value in PTA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 62.

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.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: PTA
62 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 62 57 8.77%
13F Shares 13M 13M -0.37%
Total Value $246M $240M 2.43%
New Positions 11 11 -
Increased Positions 24 20 +4
Closed Positions 6 13 -7
Reduced Positions 19 17 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PTA

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Financial Highlights

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Institutional Holders (2026 Q2)

62 + 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 PTA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Shaker Financial Services, LLC 0.59% 97,919 $1.9M
2 Rareview Capital LLC 0.30% 27,393 $542K
3 Pettinga Financial Advisors LLC 0.26% 85,599 $1.6M
4 Closed-End Fund Advisors, Inc. 0.22% 11,723 $225K
5 Parvin Asset Management, LLC 0.14% 9,000 $173K
6 Logan Stone Capital, LLC 0.10% 24,969 $479K
7 Noble Wealth Management PBC 0.05% 6,285 $121K
8 LexAurum Advisors, LLC 0.04% 19,403 $372K
9 COFG Advisors, LLC 0.04% 12,747 $244K
10 Timbuktu Capital Management, LLC 0.02% 820 $16K
11 RFG Advisory, LLC 0.01% 40,673 $780K
12 Oppenheimer & Co Inc 0.01% 53,181 $1.0M
13 WPG Advisers, LLC 0.01% 788 $15K
14 Elevation Wealth Partners, LLC 0.01% 1,500 $29K
15 Lido Advisors, LLC 0.01% 143,451 $2.8M
16 UBS Group AG 0.01% 2,551,995 $48.9M
17 Guggenheim Capital LLC 0.01% 49,915 $957K
18 Rockefeller Capital Management L.P. 0.01% 202,971 $3.9M
19 Bank of America Corp /de/ 0.00% 3,525,696 $67.6M
20 XTX Topco Ltd 0.00% 17,429 $334K
21 CreativeOne Wealth, LLC 0.00% 10,400 $199K
22 Kestra Private Wealth Services, LLC 0.00% 20,222 $388K
23 Morgan Stanley 0.00% 4,152,693 $79.6M
24 Pinnacle Wealth Planning Services, Inc. 0.00% 1,777 $34K
25 Equitable Holdings, Inc. 0.00% 27,008 $518K
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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 58% buying: Last quarter: 35 funds bought or added vs 25 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 — 88% AUM from top-100 funds: 12 of 62 holders are among the 100 largest funds by AUM, controlling 88% 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?

44% of holders stayed for 2+ years: 27 out of 62 hedge funds have held PTA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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.

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