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BTO

John Hancock Financial Opportunities Fund

61 hedge funds and large institutions have $112M invested in John Hancock Financial Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.08% less ownership

Funds ownership: 22.65%21.57% (-1.1%)

10% less funds holding

Funds holding: 6861 (-7)

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

28% less capital invested

Capital invested by funds: $156M → $112M (-$43.8M)

35% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 20

Holders
61
Holders Change
-7
Holders Change %
-10.29%
% of All Funds
1.36%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
16
Reduced
19
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$39.6M -$3.43M -102,098 -7%
RJFSA
2
Raymond James Financial Services Advisors
Florida
$8.16M +$1.39M +41,509 +17%
PP
3
Patten & Patten
Tennessee
$7.85M -$197K -5,874 -2%
Bank of America
4
Bank of America
North Carolina
$7.06M -$1.09M -32,337 -11%
Wells Fargo
5
Wells Fargo
California
$7.01M +$103K +3,079 +1%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$5.86M +$666K +19,844 +10%
RJA
7
Raymond James & Associates
Florida
$5.72M -$3.61M -107,412 -34%
Cohen & Steers
8
Cohen & Steers
New York
$4.76M +$1.67M +49,842 +41%
NSAM
9
North Star Asset Management
Wisconsin
$4.29M -$154K -4,592 -3%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$3.6M +$1.02M +30,514 +31%
FC
11
FCA Corp
Texas
$2.75M -$16.4K -488 -0.5%
UBS Group
12
UBS Group
Switzerland
$2.52M -$551K -16,410 -15%
OCM
13
Orleans Capital Management
Louisiana
$1.7M -$46.2K -1,375 -2%
LPL Financial
14
LPL Financial
California
$1.34M +$773K +23,021 +92%
Stifel Financial
15
Stifel Financial
Missouri
$894K +$1.07M +31,981 New
PVWM
16
Point View Wealth Management
New Jersey
$797K -$3.16K -94 -0.3%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$760K -$43.9K -1,307 -5%
WAM
18
Weiss Asset Management
Massachusetts
$677K +$814K +24,240 New
First Trust Advisors
19
First Trust Advisors
Illinois
$618K -$8.83K -263 -1%
KIM
20
Karpus Investment Management
New York
$600K +$721K +21,480 New
COLIM
21
City of London Investment Management
United Kingdom
$512K +$88.8K +2,646 +17%
JMPWA
22
JP Morgan Private Wealth Advisors
California
$482K +$5.1K +152 +0.9%
CA
23
Cornerstone Advisors
North Carolina
$475K +$571K +17,000 New
CBOR
24
Community Bank of Raymore
Missouri
$468K
BTS
25
BB&T Securities
Virginia
$371K +$30.1K +897 +7%

BTO Hedge Fund Activity: Q4 2018 in Review

61 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in John Hancock Financial Opportunities Fund (BTO) for Q4 2018, worth a combined $112M — down 28% from $156M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of BTO and 13 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 16 added.

The largest buyer was Cohen & Steers, adding an estimated $1.67M. The largest seller was Raymond James & Associates, cutting an estimated $3.61M.

  • 61 institutional investors held John Hancock Financial Opportunities Fund (BTO) as of Q4 2018, down from 68 in Q3 2018.
  • Funds reported $112M of John Hancock Financial Opportunities Fund stock for Q4 2018, down 28% quarter-over-quarter.
  • 13 funds opened new John Hancock Financial Opportunities Fund positions in Q4 2018 and 20 closed out, a net change of -7 holders.
  • The largest John Hancock Financial Opportunities Fund buyer in Q4 2018 was Cohen & Steers, an estimated $1.67M added.
  • The largest John Hancock Financial Opportunities Fund seller in Q4 2018 was Raymond James & Associates, an estimated $3.61M sold.

Based on aggregated 13F filings for Q4 2018.