John Hancock Preferred Income Fund II
HPF
45 hedge funds and large institutions have $29.3M invested in John Hancock Preferred Income Fund II in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0% more funds holding
Funds holding: 45 → 45 (0)
0.13% less ownership
Funds ownership: 6.93% → 6.8% (-0.13%)
12% less capital invested
Capital invested by funds: $33.4M → $29.3M (-$4.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$788K |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$287K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$251K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$213K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$769K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$425K |
| 3 |
HK
Horizon Kinetics
New York
|
-$389K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$355K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$250K |
HPF Hedge Fund Activity: Q4 2016 in Review
45 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q4 2016, worth a combined $29.3M — down 12% from $33.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HPF positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $788K. The largest seller was UBS Group, cutting an estimated $769K.
- 45 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $29.3M of John Hancock Preferred Income Fund II stock for Q4 2016, down 12% quarter-over-quarter.
- 6 funds opened new John Hancock Preferred Income Fund II positions in Q4 2016 and 5 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund II buyer in Q4 2016 was Laurion Capital Management, an estimated $788K added.
- The largest John Hancock Preferred Income Fund II seller in Q4 2016 was UBS Group, an estimated $769K sold.
Based on aggregated 13F filings for Q4 2016.