John Hancock Financial Opportunities Fund
BTO
61 hedge funds and large institutions have $112M invested in John Hancock Financial Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 20 closing their positions.
1.08% less ownership
Funds ownership: 22.65% → 21.57% (-1.1%)
10% less funds holding
Funds holding: 68 → 61 (-7)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
28% less capital invested
Capital invested by funds: $156M → $112M (-$43.8M)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.67M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.39M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.07M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.02M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$814K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.61M |
| 2 |
Morgan Stanley
New York
|
-$3.43M |
| 3 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
-$1.77M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.09M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
76
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$53K | -1,444 | Closed |
|
|
TPWA
77
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$22.9K | -612 | Closed |
|
78
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$23K | -609 | Closed |
|
|
IGGA
79
Iron Gate Global Advisors
Nsl,
Utah
| – | -$13K | -360 | Closed |
|
|
NFG
80
Next Financial Group
Houston,
Texas
| – | -$6K | -150 | Closed |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | +$34 | +1 | New |
|
BTO Hedge Fund Activity: Q4 2018 in Review
61 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q4 2018, worth a combined $112M — down 28% from $156M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BTO and 13 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 16 added.
The largest buyer was Cohen & Steers, adding an estimated $1.67M. The largest seller was Raymond James & Associates, cutting an estimated $3.61M.
- 61 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q4 2018, down from 68 in Q3 2018.
- Funds reported $112M of John Hancock Financial Opportunities Fund stock for Q4 2018, down 28% quarter-over-quarter.
- 13 funds opened new John Hancock Financial Opportunities Fund positions in Q4 2018 and 20 closed out, a net change of -7 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q4 2018 was Cohen & Steers, an estimated $1.67M added.
- The largest John Hancock Financial Opportunities Fund seller in Q4 2018 was Raymond James & Associates, an estimated $3.61M sold.
Based on aggregated 13F filings for Q4 2018.