John Hancock Preferred Income Fund II
HPF
40 hedge funds and large institutions have $25.2M invested in John Hancock Preferred Income Fund II in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $23.7M → $25.2M (+$1.54M)
0.17% less ownership
Funds ownership: 5.56% → 5.39% (-0.17%)
5% less funds holding
Funds holding: 42 → 40 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$654K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$546K |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
+$265K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$201K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$898K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$539K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$393K |
| 4 |
LPL Financial
San Diego,
California
|
-$268K |
| 5 |
HK
Horizon Kinetics
New York
|
-$207K |
HPF Hedge Fund Activity: Q2 2018 in Review
40 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q2 2018, worth a combined $25.2M — up 6.5% from $23.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HPF and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 9 added.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $654K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $898K sold.
- 40 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q2 2018, down from 42 in Q1 2018.
- Funds reported $25.2M of John Hancock Preferred Income Fund II stock for Q2 2018, up 6.5% quarter-over-quarter.
- 5 funds opened new John Hancock Preferred Income Fund II positions in Q2 2018 and 6 closed out, a net change of -1 holder.
- The largest John Hancock Preferred Income Fund II buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $654K added.
- The largest John Hancock Preferred Income Fund II seller in Q2 2018 was Wolverine Asset Management, an estimated $898K sold.
Based on aggregated 13F filings for Q2 2018.