Company: CNS
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001284812-25-000156
Chunk: 42

Company: COHEN & STEERS, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 42
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 three broad levels listed below:•Level 1—Unadjusted quoted prices for identical instruments in active markets.•Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable.•Level 3—Valuations derived from valuation techniques in which significant inputs or significant value drivers are unobservable.These levels are not necessarily an indication of the risk or liquidity associated with the investments. 

9

COHEN & STEERS, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS—(Continued)(UNAUDITED)

The following tables present fair value measurements:March 31, 2025(in thousands)Level 1Level 2Level 3Investments Measured at NAVTotalCash equivalents$32,555 $— $— $— $32,555 Equity investments at fair value:Common stocks$198,364 $— $— $— $198,364 Limited partnership interests— 39,451 1,584 41,035 Preferred securities2,378 — — — 2,378 Non-Traded REIT— 78,655 — — 78,655 Other5,300 — — 129 5,429 Total$206,042 $78,655 $39,451 $1,713 $325,861 Trading investments:Fixed income$— $146,982 $— $— $146,982 Equity method investments$— $— $— $540 $540 Total investments$206,042 $225,637 $39,451 $2,253 $473,383 Derivatives - assets:Total return swaps$— $209 $— $— $209 Forward contracts - foreign exchange (1)— 195 — — 195 Total$— $404 $— $— $404 Derivatives - liabilities:Total return swaps$— $1,455 $— $— $1,455 Forward contracts - foreign exchange— 181 — — 181 Total$— $1,636 $— $— $1,636