John Hancock Preferred Income Fund II
HPF
51 hedge funds and large institutions have $31M invested in John Hancock Preferred Income Fund II in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
21% more funds holding
Funds holding: 42 → 51 (+9)
10% more capital invested
Capital invested by funds: $28.1M → $31M (+$2.85M)
0.56% more ownership
Funds ownership: 6.86% → 7.43% (+0.56%)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.06M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$919K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$482K |
| 4 |
SG Americas Securities
New York
|
+$399K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$887K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$809K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$728K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$570K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$282K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $20 | – | – | – |
|
|
CRC
52
Curi RMB Capital
Chicago,
Illinois
| – | -$728K | -38,101 | Closed |
|
|
WCM
53
Windsor Capital Management
Phoenix,
Arizona
| – | -$26K | -1,398 | Closed |
|
|
CFSG
54
Community Financial Services Group
Newport,
Vermont
| – | -$15K | -800 | Closed |
|
|
WA
55
WFG Advisors
Dallas,
Texas
| – | -$11K | -557 | Closed |
|
HPF Hedge Fund Activity: Q4 2015 in Review
51 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q4 2015, worth a combined $31M — up 10% from $28.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HPF positions and 4 closed out — a net gain of 9 holders — while 11 added to existing stakes and 14 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.06M. The largest seller was Invesco, cutting an estimated $887K.
- 51 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q4 2015, up from 42 in Q3 2015.
- Funds reported $31M of John Hancock Preferred Income Fund II stock for Q4 2015, up 10% quarter-over-quarter.
- 13 funds opened new John Hancock Preferred Income Fund II positions in Q4 2015 and 4 closed out, a net change of +9 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q4 2015 was LPL Financial, an estimated $1.06M added.
- The largest John Hancock Preferred Income Fund II seller in Q4 2015 was Invesco, an estimated $887K sold.
Based on aggregated 13F filings for Q4 2015.