John Hancock Preferred Income Fund
HPI
69 hedge funds and large institutions have $62.8M invested in John Hancock Preferred Income Fund in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 11 closing their positions.
23% more capital invested
Capital invested by funds: $51.2M → $62.8M (+$11.7M)
1.68% more ownership
Funds ownership: 9.92% → 11.6% (+1.7%)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1% less funds holding
Funds holding: 70 → 69 (-1)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.93M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.23M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.1M |
| 4 |
Cohen & Steers
New York
|
+$1.06M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$958K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.95M |
| 2 |
Millennium Management
New York
|
-$783K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$423K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$402K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$358K |
HPI Hedge Fund Activity: Q1 2021 in Review
69 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q1 2021, worth a combined $62.8M — up 23% from $51.2M a quarter earlier.
Fund positioning in HPI was balanced in Q1 2021: 11 funds opened new positions, 11 closed out, 19 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.93M. The largest seller was Kestra Advisory Services, cutting an estimated $1.95M.
- 69 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q1 2021, down from 70 in Q4 2020.
- Funds reported $62.8M of John Hancock Preferred Income Fund stock for Q1 2021, up 23% quarter-over-quarter.
- 11 funds opened new John Hancock Preferred Income Fund positions in Q1 2021 and 11 closed out, a net change of 0 holders.
- The largest John Hancock Preferred Income Fund buyer in Q1 2021 was Morgan Stanley, an estimated $6.93M added.
- The largest John Hancock Preferred Income Fund seller in Q1 2021 was Kestra Advisory Services, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2021.