John Hancock Preferred Income Fund II
HPF
44 hedge funds and large institutions have $25.4M invested in John Hancock Preferred Income Fund II in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
7% more funds holding
Funds holding: 41 → 44 (+3)
0.28% less ownership
Funds ownership: 5.8% → 5.52% (-0.28%)
6% less capital invested
Capital invested by funds: $27.2M → $25.4M (-$1.76M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$295K |
| 2 |
Morgan Stanley
New York
|
+$219K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$152K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$123K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.43M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$367K |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$359K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$235K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$200K |
HPF Hedge Fund Activity: Q4 2017 in Review
44 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q4 2017, worth a combined $25.4M — down 6.5% from $27.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HPF positions and 4 closed out — a net gain of 3 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was LPL Financial, adding an estimated $295K. The largest seller was Wells Fargo, cutting an estimated $1.43M.
- 44 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q4 2017, up from 41 in Q3 2017.
- Funds reported $25.4M of John Hancock Preferred Income Fund II stock for Q4 2017, down 6.5% quarter-over-quarter.
- 7 funds opened new John Hancock Preferred Income Fund II positions in Q4 2017 and 4 closed out, a net change of +3 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q4 2017 was LPL Financial, an estimated $295K added.
- The largest John Hancock Preferred Income Fund II seller in Q4 2017 was Wells Fargo, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2017.