John Hancock Financial Opportunities Fund
BTO
50 hedge funds and large institutions have $117M invested in John Hancock Financial Opportunities Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
4% more funds holding
Funds holding: 48 → 50 (+2)
0.16% more ownership
Funds ownership: 18.39% → 18.55% (+0.16%)
5% less capital invested
Capital invested by funds: $123M → $117M (-$6.58M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$928K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$797K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$726K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$678K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$588K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.14M |
| 2 |
LAM
Lebenthal Asset Management
New York
|
-$1.08M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$571K |
| 4 |
LPL Financial
San Diego,
California
|
-$478K |
| 5 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$435K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Invesco
Atlanta,
Georgia
| – | -$571K | -15,740 | Closed |
|
|
AA
52
Ancora Advisors
Cleveland,
Ohio
| – | -$181K | -5,000 | Closed |
|
|
LYV
53
Live Your Vision
West Conshohocken,
Pennsylvania
| – | -$7K | -200 | Closed |
|
|
AG
54
Advisor Group
Phoenix,
Arizona
| – | -$2K | -53 | Closed |
|
BTO Hedge Fund Activity: Q1 2017 in Review
50 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q1 2017, worth a combined $117M — down 5.3% from $123M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BTO positions and 4 closed out — a net gain of 3 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $928K. The largest seller was Morgan Stanley, cutting an estimated $1.14M.
- 50 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q1 2017, up from 48 in Q4 2016.
- Funds reported $117M of John Hancock Financial Opportunities Fund stock for Q1 2017, down 5.3% quarter-over-quarter.
- 7 funds opened new John Hancock Financial Opportunities Fund positions in Q1 2017 and 4 closed out, a net change of +3 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q1 2017 was Wolverine Asset Management, an estimated $928K added.
- The largest John Hancock Financial Opportunities Fund seller in Q1 2017 was Morgan Stanley, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2017.