John Hancock Financial Opportunities Fund
BTO
65 hedge funds and large institutions have $97.3M invested in John Hancock Financial Opportunities Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 11 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
1.91% less ownership
Funds ownership: 21.22% → 19.31% (-1.9%)
3% less funds holding
Funds holding: 67 → 65 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
22% less capital invested
Capital invested by funds: $125M → $97.3M (-$27.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.04M |
| 2 |
AIC
Aurora Investment Counsel
Atlanta,
Georgia
|
+$1.81M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$499K |
| 4 |
LPL Financial
San Diego,
California
|
+$347K |
| 5 |
ASFA
All Season Financial Advisors
Denver,
Colorado
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.22M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.35M |
| 3 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$3.21M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.89M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$1.63M |
BTO Hedge Fund Activity: Q2 2023 in Review
65 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q2 2023, worth a combined $97.3M — down 22% from $125M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BTO and 9 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $2.04M. The largest seller was Morgan Stanley, cutting an estimated $5.22M.
- 65 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q2 2023, down from 67 in Q1 2023.
- Funds reported $97.3M of John Hancock Financial Opportunities Fund stock for Q2 2023, down 22% quarter-over-quarter.
- 9 funds opened new John Hancock Financial Opportunities Fund positions in Q2 2023 and 11 closed out, a net change of -2 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q2 2023 was Wells Fargo, an estimated $2.04M added.
- The largest John Hancock Financial Opportunities Fund seller in Q2 2023 was Morgan Stanley, an estimated $5.22M sold.
Based on aggregated 13F filings for Q2 2023.