John Hancock Preferred Income Fund II
HPF
42 hedge funds and large institutions have $28.9M invested in John Hancock Preferred Income Fund II in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 41 → 42 (+1)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
0.62% less ownership
Funds ownership: 7.19% → 6.58% (-0.62%)
5% less capital invested
Capital invested by funds: $30.5M → $28.9M (-$1.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$620K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$266K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$229K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$194K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.34M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$805K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$564K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$494K |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$271K |
HPF Hedge Fund Activity: Q2 2014 in Review
42 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q2 2014, worth a combined $28.9M — down 5.3% from $30.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HPF positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Invesco, adding an estimated $620K. The largest seller was Mariner Investment Group, exiting entirely with an estimated $1.34M sold.
- 42 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q2 2014, up from 41 in Q1 2014.
- Funds reported $28.9M of John Hancock Preferred Income Fund II stock for Q2 2014, down 5.3% quarter-over-quarter.
- 6 funds opened new John Hancock Preferred Income Fund II positions in Q2 2014 and 5 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund II buyer in Q2 2014 was Invesco, an estimated $620K added.
- The largest John Hancock Preferred Income Fund II seller in Q2 2014 was Mariner Investment Group, an estimated $1.34M sold.
Based on aggregated 13F filings for Q2 2014.