John Hancock Preferred Income Fund
HPI
39 hedge funds and large institutions have $45.1M invested in John Hancock Preferred Income Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 39 → 39 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.88% less ownership
Funds ownership: 9% → 8.12% (-0.88%)
5% less capital invested
Capital invested by funds: $47.5M → $45.1M (-$2.37M)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.79M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$723K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$550K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$299K |
| 5 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Frontier Investment Management
Dallas,
Texas
|
-$8.03M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$662K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$228K |
| 4 |
SG Americas Securities
New York
|
-$218K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$61.5K |
HPI Hedge Fund Activity: Q1 2015 in Review
39 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q1 2015, worth a combined $45.1M — down 5% from $47.5M a quarter earlier.
Fund positioning in HPI was balanced in Q1 2015: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 13 trimmed.
The largest buyer was UBS Group, adding an estimated $2.79M. The largest seller was Frontier Investment Management, exiting entirely with an estimated $8.03M sold.
- 39 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $45.1M of John Hancock Preferred Income Fund stock for Q1 2015, down 5% quarter-over-quarter.
- 4 funds opened new John Hancock Preferred Income Fund positions in Q1 2015 and 4 closed out, a net change of 0 holders.
- The largest John Hancock Preferred Income Fund buyer in Q1 2015 was UBS Group, an estimated $2.79M added.
- The largest John Hancock Preferred Income Fund seller in Q1 2015 was Frontier Investment Management, an estimated $8.03M sold.
Based on aggregated 13F filings for Q1 2015.