Cohen & Steers, Inc. (NYSE: CNS) reported preliminary assets under management (AUM) of $95.9 billion as of September 30, 2026, down $5.1 billion from $101.0 billion at the end of August 2026, according to a company press release.

The decline was driven by market depreciation of $5.1 billion and distributions of $323 million, partially offset by net inflows of $335 million.

By investment vehicle, total institutional accounts fell from $38.7 billion to $36.2 billion, reflecting net outflows of $313 million and market depreciation of $2.2 billion. Open-end funds declined from $49.7 billion to $47.7 billion, despite net inflows of $598 million, as market depreciation of $2.4 billion and distributions of $218 million weighed on the total. Closed-end funds edged down from $12.6 billion to $12.0 billion, with net inflows of $50 million offset by market depreciation of $538 million and distributions of $57 million.

Within institutional accounts, advisory AUM dropped from $23.0 billion to $21.8 billion, while subadvisory AUM declined from $15.7 billion to $14.4 billion.