John Hancock Financial Opportunities Fund
BTO
47 hedge funds and large institutions have $78.6M invested in John Hancock Financial Opportunities Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 19 reducing their positions, and 9 closing their positions.
1.82% less ownership
Funds ownership: 19.29% → 17.47% (-1.8%)
11% less funds holding
Funds holding: 53 → 47 (-6)
21% less capital invested
Capital invested by funds: $100M → $78.6M (-$21.4M)
58% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 19
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$2M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$468K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$252K |
| 4 |
FC
FCA Corp
Houston,
Texas
|
+$207K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.78M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$956K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$871K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$387K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$247K |
BTO Hedge Fund Activity: Q1 2016 in Review
47 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q1 2016, worth a combined $78.6M — down 21% from $100M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BTO and 3 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 8 added.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $2M. The largest seller was Morgan Stanley, cutting an estimated $7.78M.
- 47 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q1 2016, down from 53 in Q4 2015.
- Funds reported $78.6M of John Hancock Financial Opportunities Fund stock for Q1 2016, down 21% quarter-over-quarter.
- 3 funds opened new John Hancock Financial Opportunities Fund positions in Q1 2016 and 9 closed out, a net change of -6 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q1 2016 was Doliver Advisors, an estimated $2M added.
- The largest John Hancock Financial Opportunities Fund seller in Q1 2016 was Morgan Stanley, an estimated $7.78M sold.
Based on aggregated 13F filings for Q1 2016.