John Hancock Preferred Income Fund II
HPF
43 hedge funds and large institutions have $27.6M invested in John Hancock Preferred Income Fund II in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 19 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
5% more funds holding
Funds holding: 41 → 43 (+2)
1.1% less ownership
Funds ownership: 6.97% → 5.86% (-1.1%)
12% less capital invested
Capital invested by funds: $31.4M → $27.6M (-$3.86M)
58% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 19
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$221K |
| 2 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$162K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$103K |
| 4 |
FFSOTS
Fiduciary Financial Services of The Southwest
Dallas,
Texas
|
+$102K |
| 5 |
Citigroup
New York
|
+$71.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.86M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$1.39M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.14M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$344K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$270K |
HPF Hedge Fund Activity: Q2 2017 in Review
43 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q2 2017, worth a combined $27.6M — down 12% from $31.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HPF positions and 1 closed out — a net gain of 3 holders — while 8 added to existing stakes and 19 trimmed.
The largest buyer was BB&T Securities, opening a new position worth an estimated $221K. The largest seller was Koshinski Asset Management, cutting an estimated $1.86M.
- 43 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q2 2017, up from 41 in Q1 2017.
- Funds reported $27.6M of John Hancock Preferred Income Fund II stock for Q2 2017, down 12% quarter-over-quarter.
- 4 funds opened new John Hancock Preferred Income Fund II positions in Q2 2017 and 1 closed out, a net change of +3 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q2 2017 was BB&T Securities, an estimated $221K added.
- The largest John Hancock Preferred Income Fund II seller in Q2 2017 was Koshinski Asset Management, an estimated $1.86M sold.
Based on aggregated 13F filings for Q2 2017.