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HPI

John Hancock Preferred Income Fund

52 hedge funds and large institutions have $44M invested in John Hancock Preferred Income Fund in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

13% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 15

11% more funds holding

Funds holding: 4752 (+5)

0.65% more ownership

Funds ownership: 7.43%8.08% (+0.65%)

1% less capital invested

Capital invested by funds: $44.6M → $44M (-$582K)

Holders
52
Holders Change
+5
Holders Change %
+10.64%
% of All Funds
1.3%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
15
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AG
26
Advisor Group
Arizona
$340K -$5.87K -287 -2%
AAS
27
Annex Advisory Services
Wisconsin
$333K +$335K +16,382 New
WA
28
WFG Advisors
Texas
$308K +$39.1K +1,912 +14%
GS
29
Girard Securities
California
$283K +$21.3K +1,040 +8%
IA
30
IFP Advisors
Florida
$278K -$6.14K -300 -2%
IH
31
IFC Holdings
Florida
$239K +$1K +49 +0.4%
OA
32
Oxbow Advisors
Texas
$224K
PAG
33
Private Advisor Group
New Jersey
$218K -$22.5K -1,101 -9%
PMG
34
ProVise Management Group
Florida
$204K
WAM
35
Weiss Asset Management
Massachusetts
$204K +$205K +10,004 New
Cohen & Steers
36
Cohen & Steers
New York
$187K -$39.3K -1,922 -17%
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$135K -$1.55K -76 -1%
MFS
38
MSI Financial Services
Massachusetts
$115K -$1.27K -62 -1%
Creative Planning
39
Creative Planning
Kansas
$88K -$38.9K -1,900 -31%
APSP
40
Asset Planning Services (Pennsylvania)
Pennsylvania
$63K
CHC
41
City Holding Co
West Virginia
$41K
FFW
42
Fusion Family Wealth
New York
$29K +$28.6K +1,400 New
Bank of Montreal
43
Bank of Montreal
Ontario, Canada
$25K
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$24K
BWP
45
Baldwin Wealth Partners
Massachusetts
$20K
Northwestern Mutual Wealth Management
46
Northwestern Mutual Wealth Management
Wisconsin
$14K +$13.6K +665 New
WEC
47
Winslow Evans & Crocker
Massachusetts
$12.2K
PCM
48
Penserra Capital Management
California
$8K +$941 +46 +12%
CAPTRUST Financial Advisors
49
CAPTRUST Financial Advisors
North Carolina
$6K +$6.04K +295 New
PFGIA
50
Patriot Financial Group Insurance Agency
Massachusetts
$5K +$4.75K +232 New

HPI Hedge Fund Activity: Q4 2016 in Review

52 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2016, worth a combined $44M — down 1.3% from $44.6M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new HPI positions and 2 closed out — a net gain of 6 holders — while 17 added to existing stakes and 15 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.11M. The largest seller was Morgan Stanley, cutting an estimated $790K.

  • 52 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2016, up from 47 in Q3 2016.
  • Funds reported $44M of John Hancock Preferred Income Fund stock for Q4 2016, down 1.3% quarter-over-quarter.
  • 8 funds opened new John Hancock Preferred Income Fund positions in Q4 2016 and 2 closed out, a net change of +6 holders.
  • The largest John Hancock Preferred Income Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $1.11M added.
  • The largest John Hancock Preferred Income Fund seller in Q4 2016 was Morgan Stanley, an estimated $790K sold.

Based on aggregated 13F filings for Q4 2016.