John Hancock Preferred Income Fund II
HPF
41 hedge funds and large institutions have $30.4M invested in John Hancock Preferred Income Fund II in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 10 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
23% more capital invested
Capital invested by funds: $24.8M → $30.4M (+$5.61M)
0.36% more ownership
Funds ownership: 7.55% → 7.9% (+0.36%)
15% less funds holding
Funds holding: 48 → 41 (-7)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$681K |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$521K |
| 3 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$278K |
| 4 |
LOPW
Live Oak Private Wealth
Wilmington,
North Carolina
|
+$186K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$160K |
| 2 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$124K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$118K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$117K |
| 5 |
LPL Financial
San Diego,
California
|
-$117K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -372 | Closed |
|
HPF Hedge Fund Activity: Q2 2020 in Review
41 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q2 2020, worth a combined $30.4M — up 23% from $24.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of HPF and 3 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Ameriprise, adding an estimated $681K. The largest seller was Truist Financial, exiting entirely with an estimated $160K sold.
- 41 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q2 2020, down from 48 in Q1 2020.
- Funds reported $30.4M of John Hancock Preferred Income Fund II stock for Q2 2020, up 23% quarter-over-quarter.
- 3 funds opened new John Hancock Preferred Income Fund II positions in Q2 2020 and 10 closed out, a net change of -7 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q2 2020 was Ameriprise, an estimated $681K added.
- The largest John Hancock Preferred Income Fund II seller in Q2 2020 was Truist Financial, an estimated $160K sold.
Based on aggregated 13F filings for Q2 2020.