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HPI

John Hancock Preferred Income Fund

47 hedge funds and large institutions have $44.6M invested in John Hancock Preferred Income Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.99% less ownership

Funds ownership: 8.42%7.43% (-0.99%)

4% less funds holding

Funds holding: 4947 (-2)

11% less capital invested

Capital invested by funds: $50M → $44.6M (-$5.45M)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

22% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 18

Holders
47
Holders Change
-2
Holders Change %
-4.08%
% of All Funds
1.25%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
14
Reduced
18
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IA
26
IFP Advisors
Florida
$313K -$75.2K -3,305 -19%
WA
27
WFG Advisors
Texas
$297K +$228 +10 +0.1%
GS
28
Girard Securities
California
$289K +$293K +12,881 New
IH
29
IFC Holdings
Florida
$263K
PAG
30
Private Advisor Group
New Jersey
$256K -$12.5K -548 -5%
Cohen & Steers
31
Cohen & Steers
New York
$249K -$2.09M -91,998 -89%
OA
32
Oxbow Advisors
Texas
$247K
PMG
33
ProVise Management Group
Florida
$225K
CAN
34
Cetera Advisor Networks
California
$216K +$220K +9,645 New
LTFS
35
Ladenburg Thalmann Financial Services
Florida
$151K +$43.7K +1,920 +40%
Creative Planning
36
Creative Planning
Kansas
$139K
MFS
37
MSI Financial Services
Massachusetts
$128K -$19.7K -864 -13%
APSP
38
Asset Planning Services (Pennsylvania)
Pennsylvania
$69K
CHC
39
City Holding Co
West Virginia
$45K
Bank of Montreal
40
Bank of Montreal
Ontario, Canada
$28K +$28.5K +1,252 New
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$26K -$18.8K -824 -41%
BWP
42
Baldwin Wealth Partners
Massachusetts
$22K
WEC
43
Winslow Evans & Crocker
Massachusetts
$13.5K
ASN
44
Advisory Services Network
Georgia
$8K -$911 -40 -10%
PCM
45
Penserra Capital Management
California
$8K +$2.14K +94 +34%
US Bancorp
46
US Bancorp
Minnesota
$4K
NFG
47
Next Financial Group
Texas
$2K
OC
48
Oakworth Capital
Alabama
$2K
DA
49
Doliver Advisors
Texas
-$327K -14,314 Closed
Cetera Investment Advisers
50
Cetera Investment Advisers
Illinois
-$213K -9,382 Closed

HPI Hedge Fund Activity: Q3 2016 in Review

47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q3 2016, worth a combined $44.6M — down 11% from $50M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HPI and 4 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 14 added.

The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $2.22M. The largest seller was Guggenheim Capital, cutting an estimated $4.1M.

  • 47 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q3 2016, down from 49 in Q2 2016.
  • Funds reported $44.6M of John Hancock Preferred Income Fund stock for Q3 2016, down 11% quarter-over-quarter.
  • 4 funds opened new John Hancock Preferred Income Fund positions in Q3 2016 and 5 closed out, a net change of -1 holder.
  • The largest John Hancock Preferred Income Fund buyer in Q3 2016 was Envestnet Asset Management, an estimated $2.22M added.
  • The largest John Hancock Preferred Income Fund seller in Q3 2016 was Guggenheim Capital, an estimated $4.1M sold.

Based on aggregated 13F filings for Q3 2016.