John Hancock Preferred Income Fund
HPI
49 hedge funds and large institutions have $44.4M invested in John Hancock Preferred Income Fund in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 7 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $36.9M → $44.4M (+$7.44M)
9% more funds holding
Funds holding: 45 → 49 (+4)
1.17% more ownership
Funds ownership: 7.35% → 8.52% (+1.2%)
Top Buyers
| 1 |
LPL Financial
San Diego,
California
|
+$2.72M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$795K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$732K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$360K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$354K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Shaker Financial Services
Arlington,
Virginia
| – | -$237K | -12,259 | Closed |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$29K | -1,522 | Closed |
|
|
DLHL
53
Donald L. Hagan LLC
Sarasota,
Florida
| – | -$19K | -1,000 | Closed |
|
|
ASN
54
Advisory Services Network
Atlanta,
Georgia
| – | -$19K | -978 | Closed |
|
|
RIA
55
Regal Investment Advisors
Kentwood,
Michigan
| – | -$9K | -500 | Closed |
|
HPI Hedge Fund Activity: Q4 2015 in Review
49 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2015, worth a combined $44.4M — up 20% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HPI positions and 7 closed out — a net gain of 4 holders — while 18 added to existing stakes and 11 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.72M. The largest seller was Guggenheim Capital, cutting an estimated $802K.
- 49 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2015, up from 45 in Q3 2015.
- Funds reported $44.4M of John Hancock Preferred Income Fund stock for Q4 2015, up 20% quarter-over-quarter.
- 11 funds opened new John Hancock Preferred Income Fund positions in Q4 2015 and 7 closed out, a net change of +4 holders.
- The largest John Hancock Preferred Income Fund buyer in Q4 2015 was LPL Financial, an estimated $2.72M added.
- The largest John Hancock Preferred Income Fund seller in Q4 2015 was Guggenheim Capital, an estimated $802K sold.
Based on aggregated 13F filings for Q4 2015.