John Hancock Financial Opportunities Fund
BTO
45 hedge funds and large institutions have $90.3M invested in John Hancock Financial Opportunities Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $84.7M → $90.3M (+$5.65M)
0.25% less ownership
Funds ownership: 17.82% → 17.57% (-0.25%)
8% less funds holding
Funds holding: 49 → 45 (-4)
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$550K |
| 3 |
LPL Financial
San Diego,
California
|
+$520K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$358K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.06M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$729K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$715K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$338K |
| 5 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$212K |
BTO Hedge Fund Activity: Q3 2016 in Review
45 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q3 2016, worth a combined $90.3M — up 6.7% from $84.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BTO and 3 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $2.6M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.06M.
- 45 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q3 2016, down from 49 in Q2 2016.
- Funds reported $90.3M of John Hancock Financial Opportunities Fund stock for Q3 2016, up 6.7% quarter-over-quarter.
- 3 funds opened new John Hancock Financial Opportunities Fund positions in Q3 2016 and 6 closed out, a net change of -3 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q3 2016 was Morgan Stanley, an estimated $2.6M added.
- The largest John Hancock Financial Opportunities Fund seller in Q3 2016 was Janney Montgomery Scott, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2016.