John Hancock Financial Opportunities Fund
BTO
50 hedge funds and large institutions have $85.3M invested in John Hancock Financial Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 15 closing their positions.
42% more capital invested
Capital invested by funds: $60.1M → $85.3M (+$25.3M)
2.41% more ownership
Funds ownership: 17.51% → 19.92% (+2.4%)
12% less funds holding
Funds holding: 57 → 50 (-7)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$9.25M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.01M |
| 3 |
Morgan Stanley
New York
|
+$1.79M |
| 4 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$1.12M |
| 5 |
OCM
Orleans Capital Management
Mandeville,
Louisiana
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.51M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$987K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$935K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$399K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$376K |
BTO Hedge Fund Activity: Q2 2020 in Review
50 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q2 2020, worth a combined $85.3M — up 42% from $60.1M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BTO and 8 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 14 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $9.25M. The largest seller was Wells Fargo, cutting an estimated $1.51M.
- 50 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q2 2020, down from 57 in Q1 2020.
- Funds reported $85.3M of John Hancock Financial Opportunities Fund stock for Q2 2020, up 42% quarter-over-quarter.
- 8 funds opened new John Hancock Financial Opportunities Fund positions in Q2 2020 and 15 closed out, a net change of -7 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q2 2020 was Raymond James Financial Services Advisors, an estimated $9.25M added.
- The largest John Hancock Financial Opportunities Fund seller in Q2 2020 was Wells Fargo, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2020.