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HPI

John Hancock Preferred Income Fund

47 hedge funds and large institutions have $40.8M invested in John Hancock Preferred Income Fund in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

1.01% less ownership

Funds ownership: 7.95%6.94% (-1%)

10% less funds holding

Funds holding: 5247 (-5)

10% less capital invested

Capital invested by funds: $45.3M → $40.8M (-$4.52M)

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
47
Holders Change
-5
Holders Change %
-9.62%
% of All Funds
1.17%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
1
Increased
15
Reduced
16
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
26
McRae Capital Management
New Jersey
$351K
AAS
27
Annex Advisory Services
Wisconsin
$325K -$10.9K -500 -3%
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$322K -$187K -8,580 -37%
IH
29
IFC Holdings
Florida
$265K +$982 +45 +0.4%
Cohen & Steers
30
Cohen & Steers
New York
$259K +$40.3K +1,845 +18%
OA
31
Oxbow Advisors
Texas
$240K
JG
32
Jefferies Group
New York
$228K +$227K +10,408 New
PMG
33
ProVise Management Group
Florida
$219K
GS
34
Girard Securities
California
$216K -$42.8K -1,961 -17%
ONB
35
Old National Bancorp
Indiana
$208K
LTFS
36
Ladenburg Thalmann Financial Services
Florida
$165K +$5.65K +259 +4%
Creative Planning
37
Creative Planning
Kansas
$107K -$3.27K -150 -3%
APSP
38
Asset Planning Services (Pennsylvania)
Pennsylvania
$107K
CHC
39
City Holding Co
West Virginia
$44K
FFW
40
Fusion Family Wealth
New York
$31K
Bank of Montreal
41
Bank of Montreal
Ontario, Canada
$27K
Northwestern Mutual Wealth Management
42
Northwestern Mutual Wealth Management
Wisconsin
$17K
WEC
43
Winslow Evans & Crocker
Massachusetts
$13.1K
PCM
44
Penserra Capital Management
California
$8K +$785 +36 +10%
ASN
45
Advisory Services Network
Georgia
$5K -$153 -7 -3%
PFGIA
46
Patriot Financial Group Insurance Agency
Massachusetts
$5K
NFG
47
Next Financial Group
Texas
$2K
OC
48
Oakworth Capital
Alabama
$2K
PTCG
49
Pring Turner Capital Group
California
-$1.7M -79,933 Closed
CA
50
Cetera Advisors
Colorado
-$256K -11,982 Closed

HPI Hedge Fund Activity: Q2 2017 in Review

47 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2017, worth a combined $40.8M — down 10% from $45.3M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HPI and 1 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 15 added.

The largest buyer was Ameriprise, adding an estimated $312K. The largest seller was LPL Financial, cutting an estimated $1.87M.

  • 47 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2017, down from 52 in Q1 2017.
  • Funds reported $40.8M of John Hancock Preferred Income Fund stock for Q2 2017, down 10% quarter-over-quarter.
  • 1 fund opened new John Hancock Preferred Income Fund positions in Q2 2017 and 5 closed out, a net change of -4 holders.
  • The largest John Hancock Preferred Income Fund buyer in Q2 2017 was Ameriprise, an estimated $312K added.
  • The largest John Hancock Preferred Income Fund seller in Q2 2017 was LPL Financial, an estimated $1.87M sold.

Based on aggregated 13F filings for Q2 2017.