John Hancock Financial Opportunities Fund
BTO
71 hedge funds and large institutions have $130M invested in John Hancock Financial Opportunities Fund in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
8% more funds holding
Funds holding: 66 → 71 (+5)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
1% more capital invested
Capital invested by funds: $129M → $130M (+$1.75M)
0.09% more ownership
Funds ownership: 21.58% → 21.68% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.72M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.57M |
| 3 |
Millennium Management
New York
|
+$740K |
| 4 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$456K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.66M |
| 2 |
Morgan Stanley
New York
|
-$2.47M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$915K |
| 4 |
Cohen & Steers
New York
|
-$575K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$433K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHB
76
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$10K | -300 | Closed |
|
|
NSIM
77
North Star Investment Management
Chicago,
Illinois
| – | -$1K | -47 | Closed |
|
|
WAM
78
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -39 | Closed |
|
79
Fidelity Investments
Boston,
Massachusetts
| – | +$33 | +1 | New |
|
BTO Hedge Fund Activity: Q2 2019 in Review
71 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q2 2019, worth a combined $130M — up 1.4% from $129M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BTO positions and 8 closed out — a net gain of 5 holders — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.72M. The largest seller was Bank of America, cutting an estimated $2.66M.
- 71 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q2 2019, up from 66 in Q1 2019.
- Funds reported $130M of John Hancock Financial Opportunities Fund stock for Q2 2019, up 1.4% quarter-over-quarter.
- 13 funds opened new John Hancock Financial Opportunities Fund positions in Q2 2019 and 8 closed out, a net change of +5 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q2 2019 was Wells Fargo, an estimated $3.72M added.
- The largest John Hancock Financial Opportunities Fund seller in Q2 2019 was Bank of America, an estimated $2.66M sold.
Based on aggregated 13F filings for Q2 2019.