John Hancock Preferred Income Fund II
HPF
47 hedge funds and large institutions have $25.7M invested in John Hancock Preferred Income Fund II in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
9% more funds holding
Funds holding: 43 → 47 (+4)
0.07% more ownership
Funds ownership: 6.69% → 6.76% (+0.07%)
5% less capital invested
Capital invested by funds: $27.2M → $25.7M (-$1.43M)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.09M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$1.08M |
| 3 |
SG Americas Securities
New York
|
+$841K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$816K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.22M |
| 2 |
LPL Financial
San Diego,
California
|
-$967K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$794K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$694K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$420K |
HPF Hedge Fund Activity: Q4 2013 in Review
47 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q4 2013, worth a combined $25.7M — down 5.3% from $27.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HPF positions and 7 closed out — a net gain of 4 holders — while 6 added to existing stakes and 16 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.09M. The largest seller was Morgan Stanley, cutting an estimated $1.22M.
- 47 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q4 2013, up from 43 in Q3 2013.
- Funds reported $25.7M of John Hancock Preferred Income Fund II stock for Q4 2013, down 5.3% quarter-over-quarter.
- 11 funds opened new John Hancock Preferred Income Fund II positions in Q4 2013 and 7 closed out, a net change of +4 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q4 2013 was Guggenheim Capital, an estimated $1.09M added.
- The largest John Hancock Preferred Income Fund II seller in Q4 2013 was Morgan Stanley, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2013.