John Hancock Hedged Equity & Income Fund
HEQ
35 hedge funds and large institutions have $34.4M invested in John Hancock Hedged Equity & Income Fund in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
12% more capital invested
Capital invested by funds: $30.7M → $34.4M (+$3.65M)
3% more funds holding
Funds holding: 34 → 35 (+1)
2.59% more ownership
Funds ownership: 23.86% → 26.45% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$4.1M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.86M |
| 3 |
SWA
Sax Wealth Advisors
Parsippany,
New Jersey
|
+$365K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$324K |
| 5 |
SCM
Saba Capital Management
New York
|
+$301K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.32M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.23M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$453K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$449K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$428K |
HEQ Hedge Fund Activity: Q4 2025 in Review
35 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in John Hancock Hedged Equity & Income Fund (HEQ) for Q4 2025, worth a combined $34.4M — up 12% from $30.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new HEQ positions and 4 closed out — a net gain of 1 holder — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $4.1M. The largest seller was Morgan Stanley, cutting an estimated $1.32M.
- 35 institutional investors held John Hancock Hedged Equity & Income Fund (HEQ) as of Q4 2025, up from 34 in Q3 2025.
- Funds reported $34.4M of John Hancock Hedged Equity & Income Fund stock for Q4 2025, up 12% quarter-over-quarter.
- 5 funds opened new John Hancock Hedged Equity & Income Fund positions in Q4 2025 and 4 closed out, a net change of +1 holder.
- The largest John Hancock Hedged Equity & Income Fund buyer in Q4 2025 was Bulldog Investors, an estimated $4.1M added.
- The largest John Hancock Hedged Equity & Income Fund seller in Q4 2025 was Morgan Stanley, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2025.