John Hancock Financial Opportunities Fund
BTO
51 hedge funds and large institutions have $128M invested in John Hancock Financial Opportunities Fund in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
10% more capital invested
Capital invested by funds: $117M → $128M (+$11.1M)
2% more funds holding
Funds holding: 50 → 51 (+1)
0.62% more ownership
Funds ownership: 18.55% → 19.17% (+0.62%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.23M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.98M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.04M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$392K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$879K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$688K |
| 3 |
LPL Financial
San Diego,
California
|
-$505K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
-$417K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$409K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
51
North Star Investment Management
Chicago,
Illinois
| $2K | – | – | – |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| – | -$879K | -25,867 | Closed |
|
|
53
First Trust Advisors
Wheaton,
Illinois
| – | -$688K | -20,226 | Closed |
|
|
CWM
54
Concert Wealth Management
San Jose,
California
| – | -$417K | -11,479 | Closed |
|
|
TC
55
TFS Capital
West Chester,
Pennsylvania
| – | -$299K | -8,796 | Closed |
|
56
Envestnet Asset Management
Chicago,
Illinois
| – | -$85K | -2,495 | Closed |
|
|
CAG
57
Crestwood Advisors Group
Boston,
Massachusetts
| – | -$24K | -692 | Closed |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$21K | -628 | Closed |
|
BTO Hedge Fund Activity: Q2 2017 in Review
51 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q2 2017, worth a combined $128M — up 9.5% from $117M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BTO positions and 7 closed out — a net gain of 2 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.23M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $879K sold.
- 51 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q2 2017, up from 50 in Q1 2017.
- Funds reported $128M of John Hancock Financial Opportunities Fund stock for Q2 2017, up 9.5% quarter-over-quarter.
- 9 funds opened new John Hancock Financial Opportunities Fund positions in Q2 2017 and 7 closed out, a net change of +2 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q2 2017 was Morgan Stanley, an estimated $4.23M added.
- The largest John Hancock Financial Opportunities Fund seller in Q2 2017 was Wolverine Asset Management, an estimated $879K sold.
Based on aggregated 13F filings for Q2 2017.