John Hancock Preferred Income Fund II
HPF
41 hedge funds and large institutions have $31.4M invested in John Hancock Preferred Income Fund II in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 5 closing their positions.
7% more capital invested
Capital invested by funds: $29.3M → $31.4M (+$2.17M)
0.17% more ownership
Funds ownership: 6.8% → 6.97% (+0.17%)
9% less funds holding
Funds holding: 45 → 41 (-4)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
+$1.99M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.01M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$253K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$224K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$777K |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$335K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$283K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$281K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$168K |
HPF Hedge Fund Activity: Q1 2017 in Review
41 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q1 2017, worth a combined $31.4M — up 7.4% from $29.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HPF and 2 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 12 added.
The largest buyer was Koshinski Asset Management, adding an estimated $1.99M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $777K sold.
- 41 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q1 2017, down from 45 in Q4 2016.
- Funds reported $31.4M of John Hancock Preferred Income Fund II stock for Q1 2017, up 7.4% quarter-over-quarter.
- 2 funds opened new John Hancock Preferred Income Fund II positions in Q1 2017 and 5 closed out, a net change of -3 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q1 2017 was Koshinski Asset Management, an estimated $1.99M added.
- The largest John Hancock Preferred Income Fund II seller in Q1 2017 was Laurion Capital Management, an estimated $777K sold.
Based on aggregated 13F filings for Q1 2017.