John Hancock Financial Opportunities Fund
BTO
76 hedge funds and large institutions have $160M invested in John Hancock Financial Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
66% more capital invested
Capital invested by funds: $96.7M → $160M (+$63.4M)
19% more funds holding
Funds holding: 64 → 76 (+12)
8.79% more ownership
Funds ownership: 19.61% → 28.4% (+8.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$37.6M |
| 2 |
MFIM
Mesirow Financial Investment Management
Chicago,
Illinois
|
+$1.21M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.11M |
| 4 |
WIA
World Investment Advisors
Santa Barbara,
California
|
+$1.03M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$908K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DI
DFPG Investments
Sandy,
Utah
|
-$256K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$186K |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$179K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$153K |
| 5 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
76
Huntington National Bank
Columbus,
Ohio
| $30 | – | – | – |
|
77
Fidelity Investments
Boston,
Massachusetts
| $30 | +$27 | +1 | New |
|
|
DI
78
DFPG Investments
Sandy,
Utah
| – | -$256K | -9,670 | Closed |
|
|
CAL
79
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$5K | -200 | Closed |
|
|
HBW
80
Hazlett, Burt & Watson
Wheeling,
West Virginia
| – | -$4K | -150 | Closed |
|
|
CSPIA
81
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$1.97K | -75 | Closed |
|
BTO Hedge Fund Activity: Q4 2023 in Review
76 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q4 2023, worth a combined $160M — up 66% from $96.7M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BTO positions and 4 closed out — a net gain of 13 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $37.6M. The largest seller was DFPG Investments, exiting entirely with an estimated $256K sold.
- 76 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q4 2023, up from 64 in Q3 2023.
- Funds reported $160M of John Hancock Financial Opportunities Fund stock for Q4 2023, up 66% quarter-over-quarter.
- 17 funds opened new John Hancock Financial Opportunities Fund positions in Q4 2023 and 4 closed out, a net change of +13 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q4 2023 was Morgan Stanley, an estimated $37.6M added.
- The largest John Hancock Financial Opportunities Fund seller in Q4 2023 was DFPG Investments, an estimated $256K sold.
Based on aggregated 13F filings for Q4 2023.