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HPI

John Hancock Preferred Income Fund

49 hedge funds and large institutions have $44.4M invested in John Hancock Preferred Income Fund in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 11

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

20% more capital invested

Capital invested by funds: $36.9M → $44.4M (+$7.44M)

9% more funds holding

Funds holding: 4549 (+4)

1.17% more ownership

Funds ownership: 7.35%8.52% (+1.2%)

Holders
49
Holders Change
+4
Holders Change %
+8.89%
% of All Funds
1.29%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
18
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Squarepoint
26
Squarepoint
New York
$330K +$325K +16,500 New
Baird Financial Group
27
Baird Financial Group
Wisconsin
$326K -$5.39K -274 -2%
IA
28
IFP Advisors
Florida
$259K +$254K +12,913 New
SG Americas Securities
29
SG Americas Securities
New York
$255K +$250K +12,728 New
CA
30
Cetera Advisors
Colorado
$254K +$47.2K +2,400 +23%
WA
31
WFG Advisors
Texas
$253K +$84.8K +4,311 +52%
WCM
32
Windsor Capital Management
Arizona
$239K +$3.29K +167 +1%
PAG
33
Private Advisor Group
New Jersey
$221K -$27.8K -1,411 -11%
OA
34
Oxbow Advisors
Texas
$220K
PMG
35
ProVise Management Group
Florida
$200K
Creative Planning
36
Creative Planning
Kansas
$90K +$7.32K +372 +9%
MFS
37
MSI Financial Services
Massachusetts
$81K +$80K +4,068 New
LTFS
38
Ladenburg Thalmann Financial Services
Florida
$76K +$7.87K +400 +12%
APSP
39
Asset Planning Services (Pennsylvania)
Pennsylvania
$62K
CHC
40
City Holding Co
West Virginia
$40K +$19.7K +1,000 +100%
IWMPD
41
Integrated Wealth Management (Palm Desert)
California
$28K
WEC
42
Winslow Evans & Crocker
Massachusetts
$12K
AWMS
43
Advocacy Wealth Management Services
Georgia
$10K +$9.98K +507 New
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$7K +$138 +7 +2%
CAPTRUST Financial Advisors
45
CAPTRUST Financial Advisors
North Carolina
$6K
PCM
46
Penserra Capital Management
California
$6K +$5.92K +301 New
US Bancorp
47
US Bancorp
Minnesota
$4K
NFG
48
Next Financial Group
Texas
$2K
TRCT
49
Tower Research Capital (TRC)
New York
$2K +$1.97K +100 New
WAM
50
Wolverine Asset Management
Illinois
-$377K -19,550 Closed

HPI Hedge Fund Activity: Q4 2015 in Review

49 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2015, worth a combined $44.4M — up 20% from $36.9M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new HPI positions and 7 closed out — a net gain of 4 holders — while 18 added to existing stakes and 11 trimmed.

The largest buyer was LPL Financial, adding an estimated $2.72M. The largest seller was Guggenheim Capital, cutting an estimated $802K.

  • 49 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2015, up from 45 in Q3 2015.
  • Funds reported $44.4M of John Hancock Preferred Income Fund stock for Q4 2015, up 20% quarter-over-quarter.
  • 11 funds opened new John Hancock Preferred Income Fund positions in Q4 2015 and 7 closed out, a net change of +4 holders.
  • The largest John Hancock Preferred Income Fund buyer in Q4 2015 was LPL Financial, an estimated $2.72M added.
  • The largest John Hancock Preferred Income Fund seller in Q4 2015 was Guggenheim Capital, an estimated $802K sold.

Based on aggregated 13F filings for Q4 2015.