John Hancock Financial Opportunities Fund
BTO
48 hedge funds and large institutions have $123M invested in John Hancock Financial Opportunities Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 6 closing their positions.
91% more capital inflows, than outflows
Capital inflows: $11.2M | Capital outflows: $5.88M
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
7% more funds holding
Funds holding: 45 → 48 (+3)
0.82% more ownership
Funds ownership: 17.57% → 18.39% (+0.82%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.4M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.37M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$952K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$817K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.93M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.46M |
| 3 |
Lebenthal Asset Management
New York
|
-$747K |
| 4 |
USCA RIA
Houston,
Texas
|
-$409K |
| 5 |
North Star Asset Management
Neenah,
Wisconsin
|
-$379K |
BTO Hedge Fund Activity: Q4 2016 in Review
48 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q4 2016, worth a combined $123M — up 37% from $90.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BTO positions and 6 closed out — a net gain of 3 holders — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.4M. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $1.93M sold.
- 48 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q4 2016, up from 45 in Q3 2016.
- Funds reported $123M of John Hancock Financial Opportunities Fund stock for Q4 2016, up 37% quarter-over-quarter.
- 9 funds opened new John Hancock Financial Opportunities Fund positions in Q4 2016 and 6 closed out, a net change of +3 holders.
- The largest John Hancock Financial Opportunities Fund buyer in Q4 2016 was Morgan Stanley, an estimated $3.4M added.
- The largest John Hancock Financial Opportunities Fund seller in Q4 2016 was Bank of Nova Scotia, an estimated $1.93M sold.
Based on aggregated 13F filings for Q4 2016.