John Hancock Financial Opportunities Fund
BTO
42 hedge funds and large institutions have $55.4M invested in John Hancock Financial Opportunities Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
12% more capital invested
Capital invested by funds: $49.3M → $55.4M (+$6.07M)
8% more funds holding
Funds holding: 39 → 42 (+3)
0.97% more ownership
Funds ownership: 12.49% → 13.46% (+0.97%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.56M |
| 2 |
Morgan Stanley
New York
|
+$1.55M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$583K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$427K |
| 5 |
PP
Patten & Patten
Chattanooga,
Tennessee
|
+$352K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$2.07M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$586K |
| 3 |
Goldman Sachs
New York
|
-$271K |
| 4 |
LIC
Lodestar Investment Counsel
Chicago,
Illinois
|
-$254K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$152K |
BTO Hedge Fund Activity: Q3 2013 in Review
42 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q3 2013, worth a combined $55.4M — up 12% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTO positions and 2 closed out — a net gain of 4 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $3.56M. The largest seller was North Star Asset Management, cutting an estimated $2.07M.
- 42 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q3 2013, up from 39 in Q2 2013.
- Funds reported $55.4M of John Hancock Financial Opportunities Fund stock for Q3 2013, up 12% quarter-over-quarter.
- 6 funds opened new John Hancock Financial Opportunities Fund positions in Q3 2013 and 2 closed out, a net change of +4 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q3 2013 was Bank of America, an estimated $3.56M added.
- The largest John Hancock Financial Opportunities Fund seller in Q3 2013 was North Star Asset Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q3 2013.