John Hancock Preferred Income Fund II
HPF
44 hedge funds and large institutions have $39.5M invested in John Hancock Preferred Income Fund II in 2026 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.36% less ownership
Funds ownership: 12.06% → 11.7% (-0.36%)
6% less capital invested
Capital invested by funds: $41.9M → $39.5M (-$2.41M)
6% less funds holding
Funds holding: 47 → 44 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.02M |
| 2 |
Cohen & Steers
New York
|
+$572K |
| 3 |
KFA
Kapstone Financial Advisors
Lebanon,
Ohio
|
+$300K |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$176K |
| 5 |
Morgan Stanley
New York
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$2.31M |
| 2 |
APW
Axim Planning & Wealth
Springboro,
Ohio
|
-$811K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$257K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$196K |
| 5 |
Jane Street
New York
|
-$180K |
HPF Hedge Fund Activity: Q1 2026 in Review
44 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q1 2026, worth a combined $39.5M — down 5.8% from $41.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HPF and 4 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 11 added.
The largest buyer was Guggenheim Capital, adding an estimated $2.02M. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $2.31M sold.
- 44 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q1 2026, down from 47 in Q4 2025.
- Funds reported $39.5M of John Hancock Preferred Income Fund II stock for Q1 2026, down 5.8% quarter-over-quarter.
- 4 funds opened new John Hancock Preferred Income Fund II positions in Q1 2026 and 6 closed out, a net change of -2 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q1 2026 was Guggenheim Capital, an estimated $2.02M added.
- The largest John Hancock Preferred Income Fund II seller in Q1 2026 was J.W. Cole Advisors, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2026.