John Hancock Preferred Income Fund II
HPF
51 hedge funds and large institutions have $20.4M invested in John Hancock Preferred Income Fund II in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
13% more funds holding
Funds holding: 45 → 51 (+6)
0.46% less ownership
Funds ownership: 6.66% → 6.2% (-0.46%)
13% less capital invested
Capital invested by funds: $23.5M → $20.4M (-$3.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$244K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$235K |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$170K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$122K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$936K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$821K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$288K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$228K |
| 5 |
SAM
Selway Asset Management
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| $16 | +$16 | +1 | New |
|
|
IAIM
52
International Assets Investment Management
Orlando,
Florida
| – | -$936K | -56,941 | Closed |
|
|
53
Northern Trust
Chicago,
Illinois
| – | -$288K | -17,500 | Closed |
|
|
SAM
54
Selway Asset Management
| – | -$146K | -8,900 | Closed |
|
|
GWSG
55
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$76K | -4,620 | Closed |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$13K | -800 | Closed |
|
|
CWM
57
Castle Wealth Management
West Palm Beach,
Florida
| – | -$2K | -150 | Closed |
|
HPF Hedge Fund Activity: Q4 2022 in Review
51 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q4 2022, worth a combined $20.4M — down 13% from $23.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new HPF positions and 6 closed out — a net gain of 8 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $244K. The largest seller was International Assets Investment Management, exiting entirely with an estimated $936K sold.
- 51 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q4 2022, up from 45 in Q3 2022.
- Funds reported $20.4M of John Hancock Preferred Income Fund II stock for Q4 2022, down 13% quarter-over-quarter.
- 14 funds opened new John Hancock Preferred Income Fund II positions in Q4 2022 and 6 closed out, a net change of +8 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q4 2022 was Cetera Investment Advisers, an estimated $244K added.
- The largest John Hancock Preferred Income Fund II seller in Q4 2022 was International Assets Investment Management, an estimated $936K sold.
Based on aggregated 13F filings for Q4 2022.