John Hancock Preferred Income Fund II
HPF
49 hedge funds and large institutions have $23.1M invested in John Hancock Preferred Income Fund II in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
9% more funds holding
Funds holding: 45 → 49 (+4)
0.37% less ownership
Funds ownership: 6.15% → 5.78% (-0.37%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
23% less capital invested
Capital invested by funds: $29.8M → $23.1M (-$6.72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.31M |
| 2 |
NFG
Next Financial Group
Houston,
Texas
|
+$103K |
| 3 |
Morgan Stanley
New York
|
+$99K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$79.7K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$24.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$3.5M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.55M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$891K |
| 4 |
VCWA
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
-$635K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$183K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
51
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$25K | -1,200 | Closed |
|
|
JFA
52
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$7K | -318 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | +$20 | +1 | New |
|
|
FGC
54
Financial Gravity Companies
Lakeway,
Texas
| – | +$402 | +20 | New |
|
HPF Hedge Fund Activity: Q4 2018 in Review
49 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q4 2018, worth a combined $23.1M — down 23% from $29.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HPF positions and 5 closed out — a net gain of 5 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.31M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $3.5M sold.
- 49 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q4 2018, up from 45 in Q3 2018.
- Funds reported $23.1M of John Hancock Preferred Income Fund II stock for Q4 2018, down 23% quarter-over-quarter.
- 10 funds opened new John Hancock Preferred Income Fund II positions in Q4 2018 and 5 closed out, a net change of +5 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q4 2018 was Ameriprise, an estimated $1.31M added.
- The largest John Hancock Preferred Income Fund II seller in Q4 2018 was Cornerstone Wealth Management, an estimated $3.5M sold.
Based on aggregated 13F filings for Q4 2018.