John Hancock Preferred Income Fund II
HPF
42 hedge funds and large institutions have $23.7M invested in John Hancock Preferred Income Fund II in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 6 closing their positions.
0.04% more ownership
Funds ownership: 5.52% → 5.56% (+0.04%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
5% less funds holding
Funds holding: 44 → 42 (-2)
7% less capital invested
Capital invested by funds: $25.4M → $23.7M (-$1.75M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$908K |
| 2 |
LPL Financial
San Diego,
California
|
+$845K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$397K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$365K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$423K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$383K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$287K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$223K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$107K |
HPF Hedge Fund Activity: Q1 2018 in Review
42 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund II (HPF) for Q1 2018, worth a combined $23.7M — down 6.9% from $25.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HPF and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $908K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $423K sold.
- 42 institutional investors held John Hancock Preferred Income Fund II (HPF) as of Q1 2018, down from 44 in Q4 2017.
- Funds reported $23.7M of John Hancock Preferred Income Fund II stock for Q1 2018, down 6.9% quarter-over-quarter.
- 4 funds opened new John Hancock Preferred Income Fund II positions in Q1 2018 and 6 closed out, a net change of -2 holders.
- The largest John Hancock Preferred Income Fund II buyer in Q1 2018 was Wolverine Asset Management, an estimated $908K added.
- The largest John Hancock Preferred Income Fund II seller in Q1 2018 was Laurion Capital Management, an estimated $423K sold.
Based on aggregated 13F filings for Q1 2018.