Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cohen & Steers Tax Advan Pfd (PTA)

57 + 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
↓ -1
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — PTA

Based on 57 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PTA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
57 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 — +12% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

31 buying29 selling
Last quarter: 31 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.
⚠️

Fewer new buyers each quarter (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 11 → 7 → 19 → 11. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

42% of holders stayed for 2+ years

■ 42% conviction (2yr+) ■ 28% medium ■ 30% new
24 out of 57 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.
📈

Growing discovery — still being found

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

Deep conviction — 47% of holders stayed 2+ years

■ 47% veterans ■ 16% 1-2yr ■ 37% new
Of 57 current holders: 27 (47%) 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 — 85% AUM from top-100 funds

85% from top-100 AUM funds
10 of 57 holders are among the 100 largest funds by AUM, controlling 85% 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.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 Q1, 31 hedge funds were net buyers of PTA (11 opened a new position, 20 added to an existing one), while 29 reduced or exited (17 trimmed, 12 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 85% of total institutional value in PTA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 57.

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

-- --

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

Is It Too Late to Buy Cohen & Steers Tax Advan Pfd (PTA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PTA has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
PTA
+2.5%
XLF
+8.0%

PTA outperformed XLF by -5.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
PTA
-0.1%
XLF
+4.4%

Since the filing became public, PTA outperformed XLF by -4.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

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
0.4
/ 10
conviction
Hedge Fund Positioning: PTA
57 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 57 58 -1.72%
13F Shares 13M 13M -2.49%
Total Value $240M $255M -5.82%
New Positions 11 19 -8
Increased Positions 20 16 +4
Closed Positions 12 12 -
Reduced Positions 17 17 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PTA

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

57 + 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 Q1 · 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 Parvin Asset Management, LLC 0.12% 9,000 $169K
7 Noble Wealth Management PBC 0.07% 7,085 $133K
8 COFG Advisors, LLC 0.06% 12,485 $234K
9 LexAurum Advisors, LLC 0.05% 19,303 $362K
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 Bank of America Corp /de/ 0.01% 3,693,699 $69.2M
18 Kestra Private Wealth Services, LLC 0.00% 21,634 $405K
19 CreativeOne Wealth, LLC 0.00% 10,900 $204K
20 Morgan Stanley 0.00% 3,872,400 $72.6M
21 Guggenheim Capital LLC 0.00% 28,521 $534K
22 Choreo, LLC 0.00% 12,019 $225K
23 Lido Advisors, LLC 0.00% 45,785 $858K
24 Pinnacle Wealth Planning Services, Inc. 0.00% 1,320 $25K
25 Stifel Financial Corp 0.00% 145,751 $2.7M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PTA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PTA?

Slight buying edge — 52% buying: Last quarter: 31 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 — 85% AUM from top-100 funds: 10 of 57 holders are among the 100 largest funds by AUM, controlling 85% 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?

42% of holders stayed for 2+ years: 24 out of 57 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.

Is it too late to buy Cohen & Steers Tax Advan Pfd (PTA) following the 2026 Q1 hedge fund 13F filings?

As of today, PTA has moved -0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.4% for the XLF sector ETF — an outperformance of -4.5%. Since the quarter end (March 31, 2026), PTA has gained +2.5% vs +8.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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