John Hancock Preferred Income Fund
HPI
55 hedge funds and large institutions have $55.8M invested in John Hancock Preferred Income Fund in 2024 Q2 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
9% more capital invested
Capital invested by funds: $51.1M → $55.8M (+$4.64M)
0.99% more ownership
Funds ownership: 11.7% → 12.69% (+0.99%)
8% less funds holding
Funds holding: 60 → 55 (-5)
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
|
+$2.5M |
| 2 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$1.49M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$936K |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$298K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$582K |
| 2 |
Jane Street
New York
|
-$217K |
| 3 |
Morgan Stanley
New York
|
-$141K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$135K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$74.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAIM
51
International Assets Investment Management
Orlando,
Florida
| $6.62K | +$6.53K | +396 | New |
|
|
SWM
52
Sugarloaf Wealth Management
Duluth,
Georgia
| $6.43K | – | – | – |
|
|
PBK
53
Peoples Bank (Kansas)
Pratt,
Kansas
| $3.34K | – | – | – |
|
|
WB
54
Webster Bank
Waterbury,
Connecticut
| $2.74K | – | – | – |
|
|
HGERS
55
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| $1K | – | – | – |
|
|
56
Jane Street
New York
| – | -$217K | -13,075 | Closed |
|
57
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$58K | -3,466 | Closed |
|
58
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$20.6K | -1,240 | Closed |
|
|
FCA
59
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$16K | -960 | Closed |
|
60
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$13K | -780 | Closed |
|
HPI Hedge Fund Activity: Q2 2024 in Review
55 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2024, worth a combined $55.8M — up 9.1% from $51.1M 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 $2.5M. The largest seller was Shaker Financial Services, cutting an estimated $582K.
- 55 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2024, down from 60 in Q1 2024.
- Funds reported $55.8M of John Hancock Preferred Income Fund stock for Q2 2024, up 9.1% quarter-over-quarter.
- 2 funds opened new John Hancock Preferred Income Fund positions in Q2 2024 and 5 closed out, a net change of -3 holders.
- The largest John Hancock Preferred Income Fund buyer in Q2 2024 was UBS Group, an estimated $2.5M added.
- The largest John Hancock Preferred Income Fund seller in Q2 2024 was Shaker Financial Services, an estimated $582K sold.
Based on aggregated 13F filings for Q2 2024.