John Hancock Hedged Equity & Income Fund
HEQ
25 hedge funds and large institutions have $46M invested in John Hancock Hedged Equity & Income Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
17% more capital invested
Capital invested by funds: $39.4M → $46M (+$6.57M)
2.74% more ownership
Funds ownership: 16.92% → 19.66% (+2.7%)
4% less funds holding
Funds holding: 26 → 25 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.91M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.12M |
| 3 |
Morgan Stanley
New York
|
+$1.16M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$540K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$99.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$803K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$315K |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$265K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$128K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$803K | -48,304 | Closed |
|
|
27
Comerica Bank
Dallas,
Texas
| – | -$265K | -15,921 | Closed |
|
|
28
Nomura Holdings
Tokyo,
Japan
| – | -$22K | -1,300 | Closed |
|
HEQ Hedge Fund Activity: Q4 2013 in Review
25 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in John Hancock Hedged Equity & Income Fund (HEQ) for Q4 2013, worth a combined $46M — up 17% from $39.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of HEQ and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 12 added.
The largest buyer was Advisors Asset Management, adding an estimated $2.91M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $803K sold.
- 25 institutional investors held John Hancock Hedged Equity & Income Fund (HEQ) as of Q4 2013, down from 26 in Q3 2013.
- Funds reported $46M of John Hancock Hedged Equity & Income Fund stock for Q4 2013, up 17% quarter-over-quarter.
- 3 funds opened new John Hancock Hedged Equity & Income Fund positions in Q4 2013 and 4 closed out, a net change of -1 holder.
- The largest John Hancock Hedged Equity & Income Fund buyer in Q4 2013 was Advisors Asset Management, an estimated $2.91M added.
- The largest John Hancock Hedged Equity & Income Fund seller in Q4 2013 was Rivernorth Capital Management, an estimated $803K sold.
Based on aggregated 13F filings for Q4 2013.