John Hancock Preferred Income Fund
HPI
40 hedge funds and large institutions have $37.4M invested in John Hancock Preferred Income Fund in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 39 → 40 (+1)
0.7% less ownership
Funds ownership: 8.12% → 7.41% (-0.7%)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
17% less capital invested
Capital invested by funds: $45.1M → $37.4M (-$7.7M)
Top Buyers
| 1 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$1.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$517K |
| 3 |
Morgan Stanley
New York
|
+$331K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$291K |
| 5 |
EAM
Evanson Asset Management
Carmel,
California
|
+$269K |
Top Sellers
HPI Hedge Fund Activity: Q2 2015 in Review
40 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2015, worth a combined $37.4M — down 17% from $45.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HPI positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 13 trimmed.
The largest buyer was TSP Capital Management Group, opening a new position worth an estimated $1.1M. The largest seller was UBS Group, cutting an estimated $2.98M.
- 40 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2015, up from 39 in Q1 2015.
- Funds reported $37.4M of John Hancock Preferred Income Fund stock for Q2 2015, down 17% quarter-over-quarter.
- 4 funds opened new John Hancock Preferred Income Fund positions in Q2 2015 and 3 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund buyer in Q2 2015 was TSP Capital Management Group, an estimated $1.1M added.
- The largest John Hancock Preferred Income Fund seller in Q2 2015 was UBS Group, an estimated $2.98M sold.
Based on aggregated 13F filings for Q2 2015.