John Hancock Preferred Income Fund II
HPF
41 hedge funds and large institutions have $27.2M invested in John Hancock Preferred Income Fund II in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0.06% less ownership
Funds ownership: 5.86% → 5.8% (-0.06%)
5% less funds holding
Funds holding: 43 → 41 (-2)
17% less capital inflows, than outflows
Capital inflows: $1.34M | Capital outflows: $1.61M
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Laurion Capital Management
New York
|
+$276K |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$198K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
+$127K |
| 4 |
LPL Financial
San Diego,
California
|
+$123K |
| 5 |
BB&T Securities
Richmond,
Virginia
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$815K |
| 2 |
Capital Investment Advisors
Atlanta,
Georgia
|
-$355K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$110K |
| 4 |
Citigroup
New York
|
-$73K |
| 5 |
Westwood Holdings Group
Dallas,
Texas
|
-$64K |
HPF Hedge Fund Activity: Q3 2017 in Review
41 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q3 2017, worth a combined $27.2M — down 1.3% from $27.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HPF and 4 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $276K. The largest seller was Commonwealth Equity Services, cutting an estimated $815K.
- 41 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q3 2017, down from 43 in Q2 2017.
- Funds reported $27.2M of John Hancock Preferred Income Fund II stock for Q3 2017, down 1.3% quarter-over-quarter.
- 4 funds opened new John Hancock Preferred Income Fund II positions in Q3 2017 and 6 closed out, a net change of -2 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q3 2017 was Laurion Capital Management, an estimated $276K added.
- The largest John Hancock Preferred Income Fund II seller in Q3 2017 was Commonwealth Equity Services, an estimated $815K sold.
Based on aggregated 13F filings for Q3 2017.