John Hancock Preferred Income Fund II
HPF
41 hedge funds and large institutions have $30.5M invested in John Hancock Preferred Income Fund II in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 11 closing their positions.
19% more capital invested
Capital invested by funds: $25.7M → $30.5M (+$4.76M)
0.43% more ownership
Funds ownership: 6.76% → 7.19% (+0.43%)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
13% less funds holding
Funds holding: 47 → 41 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.49M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$632K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$510K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$469K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$818K |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$479K |
| 3 |
Morgan Stanley
New York
|
-$363K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$361K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$304K |
HPF Hedge Fund Activity: Q1 2014 in Review
41 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q1 2014, worth a combined $30.5M — up 19% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HPF and 5 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.49M. The largest seller was SG Americas Securities, exiting entirely with an estimated $818K sold.
- 41 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q1 2014, down from 47 in Q4 2013.
- Funds reported $30.5M of John Hancock Preferred Income Fund II stock for Q1 2014, up 19% quarter-over-quarter.
- 5 funds opened new John Hancock Preferred Income Fund II positions in Q1 2014 and 11 closed out, a net change of -6 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q1 2014 was Robinson Capital Management, an estimated $1.49M added.
- The largest John Hancock Preferred Income Fund II seller in Q1 2014 was SG Americas Securities, an estimated $818K sold.
Based on aggregated 13F filings for Q1 2014.