John Hancock Financial Opportunities Fund
BTO
49 hedge funds and large institutions have $69.1M invested in John Hancock Financial Opportunities Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
0.06% more ownership
Funds ownership: 15.38% → 15.44% (+0.06%)
2% less capital invested
Capital invested by funds: $70.8M → $69.1M (-$1.7M)
6% less funds holding
Funds holding: 52 → 49 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.14M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$944K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$597K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$268K |
| 5 |
FC
FCA Corp
Houston,
Texas
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$895K |
| 2 |
PP
Patten & Patten
Chattanooga,
Tennessee
|
-$597K |
| 3 |
Goldman Sachs
New York
|
-$560K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$558K |
| 5 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$424K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
51
CSS LLC
Chicago,
Illinois
| – | -$205K | -8,500 | Closed |
|
|
BIM
52
BlackRock Investment Management
Wilmington,
Delaware
| – | -$19K | -778 | Closed |
|
|
WTC
53
WhitTier Trust Company
Reno,
Nevada
| – | -$5K | -213 | Closed |
|
54
Citigroup
New York
| – | -$4K | -149 | Closed |
|
55
Nomura Holdings
Tokyo,
Japan
| – | -$2K | -100 | Closed |
|
BTO Hedge Fund Activity: Q2 2014 in Review
49 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q2 2014, worth a combined $69.1M — down 2.4% from $70.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BTO and 3 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $1.14M. The largest seller was Bank of America, cutting an estimated $895K.
- 49 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q2 2014, down from 52 in Q1 2014.
- Funds reported $69.1M of John Hancock Financial Opportunities Fund stock for Q2 2014, down 2.4% quarter-over-quarter.
- 3 funds opened new John Hancock Financial Opportunities Fund positions in Q2 2014 and 6 closed out, a net change of -3 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q2 2014 was Morgan Stanley, an estimated $1.14M added.
- The largest John Hancock Financial Opportunities Fund seller in Q2 2014 was Bank of America, an estimated $895K sold.
Based on aggregated 13F filings for Q2 2014.