John Hancock Financial Opportunities Fund
BTO
69 hedge funds and large institutions have $115M invested in John Hancock Financial Opportunities Fund in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
7.77% less ownership
Funds ownership: 28.4% → 20.63% (-7.8%)
9% less funds holding
Funds holding: 76 → 69 (-7)
28% less capital invested
Capital invested by funds: $160M → $115M (-$45.5M)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$620K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$448K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$418K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$159K |
| 5 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$39.6M |
| 2 |
WIA
World Investment Advisors
Santa Barbara,
California
|
-$1.15M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$969K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$409K |
| 5 |
EC
Elequin Capital
New York
|
-$379K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$228K | -7,585 | Closed |
|
|
LA
77
LM Advisors
San Diego,
California
| – | -$4.64K | -154 | Closed |
|
|
BFEC
78
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$2K | -50 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$90 | -3 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | -$30 | -1 | Closed |
|
BTO Hedge Fund Activity: Q1 2024 in Review
69 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q1 2024, worth a combined $115M — down 28% from $160M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BTO and 3 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 23 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $620K. The largest seller was Morgan Stanley, cutting an estimated $39.6M.
- 69 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q1 2024, down from 76 in Q4 2023.
- Funds reported $115M of John Hancock Financial Opportunities Fund stock for Q1 2024, down 28% quarter-over-quarter.
- 3 funds opened new John Hancock Financial Opportunities Fund positions in Q1 2024 and 10 closed out, a net change of -7 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q1 2024 was Shaker Financial Services, an estimated $620K added.
- The largest John Hancock Financial Opportunities Fund seller in Q1 2024 was Morgan Stanley, an estimated $39.6M sold.
Based on aggregated 13F filings for Q1 2024.