John Hancock Financial Opportunities Fund
BTO
47 hedge funds and large institutions have $64.2M invested in John Hancock Financial Opportunities Fund in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
16% more capital invested
Capital invested by funds: $55.4M → $64.2M (+$8.84M)
12% more funds holding
Funds holding: 42 → 47 (+5)
0.77% more ownership
Funds ownership: 13.46% → 14.23% (+0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.02M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$931K |
| 3 |
SG Americas Securities
New York
|
+$553K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$471K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$455K |
| 2 |
Goldman Sachs
New York
|
-$310K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$210K |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$201K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$108K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| – | -$5.69K | -265 | Closed |
|
52
Ameriprise
Minneapolis,
Minnesota
| – | -$5K | -216 | Closed |
|
BTO Hedge Fund Activity: Q4 2013 in Review
47 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q4 2013, worth a combined $64.2M — up 16% from $55.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BTO positions and 5 closed out — a net gain of 6 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $1.02M. The largest seller was North Star Asset Management, cutting an estimated $455K.
- 47 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q4 2013, up from 42 in Q3 2013.
- Funds reported $64.2M of John Hancock Financial Opportunities Fund stock for Q4 2013, up 16% quarter-over-quarter.
- 11 funds opened new John Hancock Financial Opportunities Fund positions in Q4 2013 and 5 closed out, a net change of +6 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q4 2013 was Bank of America, an estimated $1.02M added.
- The largest John Hancock Financial Opportunities Fund seller in Q4 2013 was North Star Asset Management, an estimated $455K sold.
Based on aggregated 13F filings for Q4 2013.