John Hancock Preferred Income Fund II
HPF
45 hedge funds and large institutions have $33.7M invested in John Hancock Preferred Income Fund II in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 4 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
6% more capital invested
Capital invested by funds: $32M → $33.7M (+$1.77M)
0.1% less ownership
Funds ownership: 7.05% → 6.95% (-0.1%)
2% less funds holding
Funds holding: 46 → 45 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$742K |
| 2 |
FFSOTS
Fiduciary Financial Services of The Southwest
Dallas,
Texas
|
+$544K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$490K |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
+$397K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.16M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.07M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$394K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$296K |
| 5 |
SG Americas Securities
New York
|
-$221K |
HPF Hedge Fund Activity: Q2 2016 in Review
45 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q2 2016, worth a combined $33.7M — up 5.5% from $32M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of HPF and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 16 added.
The largest buyer was Capital Investment Advisors, adding an estimated $742K. The largest seller was LPL Financial, cutting an estimated $1.16M.
- 45 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q2 2016, down from 46 in Q1 2016.
- Funds reported $33.7M of John Hancock Preferred Income Fund II stock for Q2 2016, up 5.5% quarter-over-quarter.
- 3 funds opened new John Hancock Preferred Income Fund II positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest John Hancock Preferred Income Fund II buyer in Q2 2016 was Capital Investment Advisors, an estimated $742K added.
- The largest John Hancock Preferred Income Fund II seller in Q2 2016 was LPL Financial, an estimated $1.16M sold.
Based on aggregated 13F filings for Q2 2016.