John Hancock Financial Opportunities Fund
BTO
54 hedge funds and large institutions have $105M invested in John Hancock Financial Opportunities Fund in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 26 reducing their positions, and 8 closing their positions.
41% more capital invested
Capital invested by funds: $75M → $105M (+$30.5M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 53 → 54 (+1)
0.17% less ownership
Funds ownership: 18.71% → 18.54% (-0.17%)
69% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$1.67M |
| 2 |
Millennium Management
New York
|
+$524K |
| 3 |
Morgan Stanley
New York
|
+$457K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$333K |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$728K |
| 2 |
Cohen & Steers
New York
|
-$534K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$514K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$414K |
| 5 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$388K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FF
51
FourThought Financial
Venice,
Florida
| $7K | +$6.68K | +255 | New |
|
|
HCM
52
Highlander Capital Management
Short Hills,
New Jersey
| $6K | +$4.9K | +187 | New |
|
|
AF
53
Allworth Financial
Folsom,
California
| $3K | – | – | – |
|
|
GRP
54
Global Retirement Partners
San Rafael,
California
| $1K | +$1.21K | +46 | New |
|
|
55
First Trust Advisors
Wheaton,
Illinois
| – | -$514K | -23,966 | Closed |
|
|
CAN
56
Cetera Advisor Networks
El Segundo,
California
| – | -$414K | -19,300 | Closed |
|
|
WI
57
Wintrust Investments
Chicago,
Illinois
| – | -$388K | -18,115 | Closed |
|
|
CHAM
58
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$38.4K | -1,794 | Closed |
|
59
Rockefeller Capital Management
New York
| – | -$30K | -1,400 | Closed |
|
|
TCM
60
Tradewinds Capital Management
Bellingham,
Washington
| – | -$7K | -328 | Closed |
|
|
WCG
61
Weaver Consulting Group
Huntington Beach,
California
| – | -$6K | -290 | Closed |
|
|
LGWM
62
Litman Gregory Wealth Management
Larkspur,
California
| – | -$6K | -276 | Closed |
|
BTO Hedge Fund Activity: Q4 2020 in Review
54 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q4 2020, worth a combined $105M — up 41% from $75M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BTO positions and 8 closed out — a net gain of 1 holder — while 8 added to existing stakes and 26 trimmed.
The largest buyer was Formidable Asset Management, opening a new position worth an estimated $1.67M. The largest seller was Royal Bank of Canada, cutting an estimated $728K.
- 54 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q4 2020, up from 53 in Q3 2020.
- Funds reported $105M of John Hancock Financial Opportunities Fund stock for Q4 2020, up 41% quarter-over-quarter.
- 9 funds opened new John Hancock Financial Opportunities Fund positions in Q4 2020 and 8 closed out, a net change of +1 holder.
- The largest John Hancock Financial Opportunities Fund buyer in Q4 2020 was Formidable Asset Management, an estimated $1.67M added.
- The largest John Hancock Financial Opportunities Fund seller in Q4 2020 was Royal Bank of Canada, an estimated $728K sold.
Based on aggregated 13F filings for Q4 2020.