John Hancock Financial Opportunities Fund
BTO
53 hedge funds and large institutions have $75M invested in John Hancock Financial Opportunities Fund in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 23 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more funds holding
Funds holding: 50 → 53 (+3)
1.21% less ownership
Funds ownership: 19.92% → 18.71% (-1.2%)
12% less capital invested
Capital invested by funds: $85.3M → $75M (-$10.4M)
48% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$744K |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$651K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$417K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$174K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$84.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.4M |
| 2 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$1.32M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$757K |
| 4 |
Citigroup
New York
|
-$459K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$376K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFS
51
Kelly Financial Services
Braintree,
Massachusetts
| $5.57K | – | – | – |
|
|
BWL
52
Bogart Wealth LLC
Mclean,
Virginia
| $4K | – | – | – |
|
|
AF
53
Allworth Financial
Folsom,
California
| $2K | – | – | – |
|
|
FAM
54
Formidable Asset Management
Cincinnati,
Ohio
| – | -$1.32M | -62,550 | Closed |
|
|
55
Citigroup
New York
| – | -$459K | -20,000 | Closed |
|
|
MC
56
Moors & Cabot
Boston,
Massachusetts
| – | -$213K | -9,256 | Closed |
|
|
PAG
57
Private Advisor Group
Morristown,
New Jersey
| – | -$6K | -274 | Closed |
|
BTO Hedge Fund Activity: Q3 2020 in Review
53 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q3 2020, worth a combined $75M — down 12% from $85.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BTO positions and 4 closed out — a net gain of 3 holders — while 12 added to existing stakes and 23 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $744K. The largest seller was Raymond James & Associates, cutting an estimated $2.4M.
- 53 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q3 2020, up from 50 in Q2 2020.
- Funds reported $75M of John Hancock Financial Opportunities Fund stock for Q3 2020, down 12% quarter-over-quarter.
- 7 funds opened new John Hancock Financial Opportunities Fund positions in Q3 2020 and 4 closed out, a net change of +3 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q3 2020 was Royal Bank of Canada, an estimated $744K added.
- The largest John Hancock Financial Opportunities Fund seller in Q3 2020 was Raymond James & Associates, an estimated $2.4M sold.
Based on aggregated 13F filings for Q3 2020.