John Hancock Preferred Income Fund
HPI
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.
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: 60 → 59 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.38M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$577K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$454K |
| 4 |
LPL Financial
San Diego,
California
|
+$257K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$1.72M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$873K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$809K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$319K |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$318K |
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.