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HPI

John Hancock Preferred Income Fund

68 hedge funds and large institutions have $65.4M invested in John Hancock Preferred Income Fund in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 15

4% more capital invested

Capital invested by funds: $62.8M → $65.4M (+$2.62M)

0.37% less ownership

Funds ownership: 11.6%11.24% (-0.37%)

1% less funds holding

Funds holding: 6968 (-1)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

Holders
68
Holders Change
-1
Holders Change %
-1.45%
% of All Funds
1.18%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
22
Reduced
15
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BMM
26
Buffington Mohr McNeal
Idaho
$361K
HIA
27
Harbor Investment Advisory
Maryland
$361K
MCM
28
McRae Capital Management
New Jersey
$360K +$41.9K +2,000 +14%
SAM
29
Selway Asset Management
$347K
CA
30
Cetera Advisors
Colorado
$346K -$260K -12,400 -44%
SFS
31
Sowell Financial Services
Arkansas
$343K
GWM
32
Geneos Wealth Management
Colorado
$324K -$41.6K -1,984 -12%
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$298K +$5.89K +281 +2%
PAG
34
Private Advisor Group
New Jersey
$287K +$524 +25 +0.2%
Jane Street
35
Jane Street
New York
$254K +$247K +11,773 New
Northern Trust
36
Northern Trust
Illinois
$250K +$5.64K +269 +2%
GC
37
Guggenheim Capital
Illinois
$238K +$230K +10,986 New
MFG
38
Merit Financial Group
Georgia
$223K
PMG
39
ProVise Management Group
Florida
$211K
SWM
40
SeaCrest Wealth Management
New York
$200K +$194K +9,249 New
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$150K
CI
42
CX Institutional
Indiana
$142K +$138K +6,567 New
WBC
43
West Branch Capital
Massachusetts
$87K +$84.4K +4,026 New
OIA
44
Optimum Investment Advisors
Illinois
$84K -$35.6K -1,700 -30%
SWM
45
Sugarloaf Wealth Management
Georgia
$74K +$1.17K +56 +2%
Citigroup
46
Citigroup
New York
$56K -$1.11K -53 -2%
CFGS
47
Concourse Financial Group Securities
Alabama
$54K +$419 +20 +0.8%
HI
48
Harbour Investments
Wisconsin
$52K
SIS
49
Sound Income Strategies
Florida
$46K
CHC
50
City Holding Co
West Virginia
$43K

HPI Hedge Fund Activity: Q2 2021 in Review

68 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2021, worth a combined $65.4M — up 4.2% from $62.8M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of HPI and 9 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 22 added.

The largest buyer was Morgan Stanley, adding an estimated $656K. The largest seller was TSP Capital Management Group, exiting entirely with an estimated $1.7M sold.

  • 68 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2021, down from 69 in Q1 2021.
  • Funds reported $65.4M of John Hancock Preferred Income Fund stock for Q2 2021, up 4.2% quarter-over-quarter.
  • 9 funds opened new John Hancock Preferred Income Fund positions in Q2 2021 and 10 closed out, a net change of -1 holder.
  • The largest John Hancock Preferred Income Fund buyer in Q2 2021 was Morgan Stanley, an estimated $656K added.
  • The largest John Hancock Preferred Income Fund seller in Q2 2021 was TSP Capital Management Group, an estimated $1.7M sold.

Based on aggregated 13F filings for Q2 2021.