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HPI

John Hancock Preferred Income Fund

59 hedge funds and large institutions have $51.9M invested in John Hancock Preferred Income Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

0% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 18

0.27% less ownership

Funds ownership: 13.24%12.97% (-0.27%)

1% less capital invested

Capital invested by funds: $52.2M → $51.9M (-$271K)

2% less funds holding

Funds holding: 6059 (-1)

Holders
59
Holders Change
-1
Holders Change %
-1.67%
% of All Funds
0.93%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
18
Reduced
18
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MSWM
26
McGlone Suttner Wealth Management
Wisconsin
$337K +$209 +14 +0.1%
AWG
27
Altus Wealth Group
Colorado
$322K
PAG
28
Private Advisor Group
New Jersey
$322K +$3.66K +245 +1%
AWE
29
Avidian Wealth Enterprises
Texas
$320K
SAM
30
Selway Asset Management
$318K +$4.03K +270 +1%
Cohen & Steers
31
Cohen & Steers
New York
$301K +$66.9K +4,478 +29%
HIA
32
Harbor Investment Advisory
Maryland
$254K
WS
33
Wedbush Securities
California
$247K -$7.46K -500 -3%
SFS
34
Sowell Financial Services
Arkansas
$245K
Mariner
35
Mariner
Kansas
$233K -$4.33K -290 -2%
Koshinski Asset Management
36
Koshinski Asset Management
Illinois
$232K -$23.8K -1,594 -9%
MCM
37
McRae Capital Management
New Jersey
$219K
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$209K +$94.1K +6,306 +85%
RJFSA
39
Raymond James Financial Services Advisors
Florida
$197K -$244K -16,366 -56%
KFGK
40
Keystone Financial Group (Kentucky)
Kentucky
$191K +$188K +12,562 New
MFG
41
Merit Financial Group
Georgia
$157K
LFAS
42
Level Four Advisory Services
Texas
$152K +$149K +10,002 New
JP Morgan Chase
43
JP Morgan Chase
New York
$115K +$17.1K +1,146 +18%
GWM
44
Geneos Wealth Management
Colorado
$51.5K
CFB
45
Cullen/Frost Bankers
Texas
$47.4K +$46.5K +3,113 New
AWM
46
Avior Wealth Management
Nebraska
$34K +$821 +55 +3%
SIS
47
Sound Income Strategies
Florida
$32.7K
CHC
48
City Holding Co
West Virginia
$30.5K
Fifth Third Bancorp
49
Fifth Third Bancorp
Ohio
$30.4K
SPIA
50
Steward Partners Investment Advisory
New York
$27.7K

HPI Hedge Fund Activity: Q2 2023 in Review

59 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2023, worth a combined $51.9M — down 0.52% from $52.2M a quarter earlier.

Fund positioning in HPI was balanced in Q2 2023: 7 funds opened new positions, 7 closed out, 18 added to existing stakes and 18 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $1.38M. The largest seller was CAPTRUST Financial Advisors, exiting entirely with an estimated $1.72M sold.

  • 59 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2023, down from 60 in Q1 2023.
  • Funds reported $51.9M of John Hancock Preferred Income Fund stock for Q2 2023, down 0.52% quarter-over-quarter.
  • 7 funds opened new John Hancock Preferred Income Fund positions in Q2 2023 and 7 closed out, a net change of 0 holders.
  • The largest John Hancock Preferred Income Fund buyer in Q2 2023 was Royal Bank of Canada, an estimated $1.38M added.
  • The largest John Hancock Preferred Income Fund seller in Q2 2023 was CAPTRUST Financial Advisors, an estimated $1.72M sold.

Based on aggregated 13F filings for Q2 2023.