John Hancock Preferred Income Fund
HPI
57 hedge funds and large institutions have $51.3M invested in John Hancock Preferred Income Fund in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
0.47% less ownership
Funds ownership: 12.32% → 11.85% (-0.47%)
5% less funds holding
Funds holding: 60 → 57 (-3)
12% less capital invested
Capital invested by funds: $58.3M → $51.3M (-$6.95M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$684K |
| 2 |
AWS
Atria Wealth Solutions
New York
|
+$269K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$208K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$183K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.25M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$610K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$521K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$444K |
| 5 |
Lazard Asset Management
New York
|
-$227K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Rockefeller Capital Management
New York
| $8K | -$11.9K | -667 | -55% |
|
|
S
52
SignatureFD
Atlanta,
Georgia
| $6K | +$7.13K | +400 | New |
|
|
AA
53
AlphaMark Advisors
Ft. Wright,
Kentucky
| $3K | – | – | – |
|
|
SCA
54
Stonebridge Capital Advisors
St Paul,
Minnesota
| $3K | – | – | – |
|
|
WB
55
Webster Bank
Waterbury,
Connecticut
| $3K | – | – | – |
|
|
56
Lazard Asset Management
New York
| $2K | -$227K | -12,725 | -99% |
|
|
SWM
57
SeaCrest Wealth Management
Purchase,
New York
| – | -$162K | -9,249 | Closed |
|
|
CI
58
CX Institutional
Auburn,
Indiana
| – | -$126K | -7,220 | Closed |
|
|
CFGS
59
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$20.7K | -1,162 | Closed |
|
|
CA
60
CoreCap Advisors
Southfield,
Michigan
| – | -$11K | -648 | Closed |
|
|
TWM
61
Tradition Wealth Management
Edina,
Minnesota
| – | -$7K | -400 | Closed |
|
|
HS
62
Horan Securities
Cincinnati,
United States
| – | -$5.95K | -334 | -99% |
|
|
HGERS
63
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | +$1.1K | +62 | New |
|
HPI Hedge Fund Activity: Q3 2022 in Review
57 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q3 2022, worth a combined $51.3M — down 12% from $58.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HPI and 2 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 20 added.
The largest buyer was UBS Group, adding an estimated $684K. The largest seller was Morgan Stanley, cutting an estimated $1.25M.
- 57 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q3 2022, down from 60 in Q2 2022.
- Funds reported $51.3M of John Hancock Preferred Income Fund stock for Q3 2022, down 12% quarter-over-quarter.
- 2 funds opened new John Hancock Preferred Income Fund positions in Q3 2022 and 5 closed out, a net change of -3 holders.
- The largest John Hancock Preferred Income Fund buyer in Q3 2022 was UBS Group, an estimated $684K added.
- The largest John Hancock Preferred Income Fund seller in Q3 2022 was Morgan Stanley, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2022.