John Hancock Financial Opportunities Fund
BTO
49 hedge funds and large institutions have $84.7M invested in John Hancock Financial Opportunities Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
8% more capital invested
Capital invested by funds: $78.6M → $84.7M (+$6.04M)
4% more funds holding
Funds holding: 47 → 49 (+2)
0.35% more ownership
Funds ownership: 17.47% → 17.82% (+0.35%)
50% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
Lebenthal Asset Management
New York
|
+$2.29M |
| 2 |
LH
Lebenthal Holdings
New York
|
+$2.29M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.94M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.54M |
| 5 |
UR
USCA RIA
Houston,
Texas
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.08M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.47M |
| 3 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$561K |
| 4 |
LPL Financial
San Diego,
California
|
-$537K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$492K |
BTO Hedge Fund Activity: Q2 2016 in Review
49 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q2 2016, worth a combined $84.7M — up 7.7% from $78.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTO positions and 4 closed out — a net gain of 2 holders — while 9 added to existing stakes and 18 trimmed.
The largest buyer was Lebenthal Asset Management, opening a new position worth an estimated $2.29M. The largest seller was Wells Fargo, cutting an estimated $3.08M.
- 49 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q2 2016, up from 47 in Q1 2016.
- Funds reported $84.7M of John Hancock Financial Opportunities Fund stock for Q2 2016, up 7.7% quarter-over-quarter.
- 6 funds opened new John Hancock Financial Opportunities Fund positions in Q2 2016 and 4 closed out, a net change of +2 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q2 2016 was Lebenthal Asset Management, an estimated $2.29M added.
- The largest John Hancock Financial Opportunities Fund seller in Q2 2016 was Wells Fargo, an estimated $3.08M sold.
Based on aggregated 13F filings for Q2 2016.