John Hancock Hedged Equity & Income Fund
HEQ
22 hedge funds and large institutions have $35.5M invested in John Hancock Hedged Equity & Income Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 8 closing their positions.
2.68% less ownership
Funds ownership: 20.27% → 17.59% (-2.7%)
12% less capital invested
Capital invested by funds: $40.2M → $35.5M (-$4.69M)
21% less funds holding
Funds holding: 28 → 22 (-6)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.12M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$148K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$91.8K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.1K |
| 5 |
AIG
American International Group
New York
|
+$15.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.49M |
| 2 |
LPL Financial
San Diego,
California
|
-$947K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$846K |
| 4 |
Morgan Stanley
New York
|
-$744K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$628K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
Cornerstone Advisors
Asheville,
North Carolina
| – | -$453K | -31,317 | Closed |
|
|
DA
27
Doliver Advisors
Houston,
Texas
| – | -$261K | -18,039 | Closed |
|
28
Squarepoint
New York
| – | -$205K | -14,200 | Closed |
|
|
WAM
29
Weiss Asset Management
Boston,
Massachusetts
| – | -$198K | -13,710 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
HEQ Hedge Fund Activity: Q1 2016 in Review
22 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in John Hancock Hedged Equity & Income Fund (HEQ) for Q1 2016, worth a combined $35.5M — down 12% from $40.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HEQ and 2 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.12M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.49M sold.
- 22 institutional investors held John Hancock Hedged Equity & Income Fund (HEQ) as of Q1 2016, down from 28 in Q4 2015.
- Funds reported $35.5M of John Hancock Hedged Equity & Income Fund stock for Q1 2016, down 12% quarter-over-quarter.
- 2 funds opened new John Hancock Hedged Equity & Income Fund positions in Q1 2016 and 8 closed out, a net change of -6 holders.
- The largest John Hancock Hedged Equity & Income Fund buyer in Q1 2016 was Advisors Asset Management, an estimated $1.12M added.
- The largest John Hancock Hedged Equity & Income Fund seller in Q1 2016 was Wolverine Asset Management, an estimated $1.49M sold.
Based on aggregated 13F filings for Q1 2016.