John Hancock Preferred Income Fund
HPI
61 hedge funds and large institutions have $42.5M invested in John Hancock Preferred Income Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 7 closing their positions.
1% more capital invested
Capital invested by funds: $42.1M → $42.5M (+$383K)
0.29% less ownership
Funds ownership: 7.44% → 7.15% (-0.29%)
2% less funds holding
Funds holding: 62 → 61 (-1)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$555K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$295K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$233K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$213K |
| 5 |
Morgan Stanley
New York
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
-$1.61M |
| 2 |
SAM
Selway Asset Management
|
-$902K |
| 3 |
MBT
Monroe Bank & Trust
Monroe,
Michigan
|
-$385K |
| 4 |
LWS
Lucia Wealth Services
San Diego,
California
|
-$194K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$193K |
HPI Hedge Fund Activity: Q3 2018 in Review
61 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q3 2018, worth a combined $42.5M — up 0.91% from $42.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HPI and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 13 added.
The largest buyer was Geneos Wealth Management, adding an estimated $555K. The largest seller was TSP Capital Management Group, exiting entirely with an estimated $1.61M sold.
- 61 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q3 2018, down from 62 in Q2 2018.
- Funds reported $42.5M of John Hancock Preferred Income Fund stock for Q3 2018, up 0.91% quarter-over-quarter.
- 6 funds opened new John Hancock Preferred Income Fund positions in Q3 2018 and 7 closed out, a net change of -1 holder.
- The largest John Hancock Preferred Income Fund buyer in Q3 2018 was Geneos Wealth Management, an estimated $555K added.
- The largest John Hancock Preferred Income Fund seller in Q3 2018 was TSP Capital Management Group, an estimated $1.61M sold.
Based on aggregated 13F filings for Q3 2018.