John Hancock Preferred Income Fund
HPI
56 hedge funds and large institutions have $64.2M invested in John Hancock Preferred Income Fund in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
15% more capital invested
Capital invested by funds: $55.8M → $64.2M (+$8.46M)
2% more funds holding
Funds holding: 55 → 56 (+1)
0.2% more ownership
Funds ownership: 12.69% → 12.9% (+0.2%)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$985K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$492K |
| 3 |
SA
SAM Advisors
Oakhurst,
California
|
+$469K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$278K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$598K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$519K |
| 3 |
MSWM
McGlone Suttner Wealth Management
Appleton,
Wisconsin
|
-$234K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$212K |
| 5 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OP
51
ORG Partners
Roanoke,
Indiana
| $9.47K | – | – | – |
|
|
PSB
52
Piscataqua Savings Bank
Portsmouth,
New Hampshire
| $7.58K | – | – | – |
|
|
SWM
53
Sugarloaf Wealth Management
Duluth,
Georgia
| $7.29K | – | – | – |
|
|
PBK
54
Peoples Bank (Kansas)
Pratt,
Kansas
| $3.79K | – | – | – |
|
|
WB
55
Webster Bank
Waterbury,
Connecticut
| $3.11K | – | – | – |
|
|
HGERS
56
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| $1K | – | – | – |
|
|
SFS
57
Shaker Financial Services
Arlington,
Virginia
| – | -$519K | -31,040 | Closed |
|
|
MSWM
58
McGlone Suttner Wealth Management
Appleton,
Wisconsin
| – | -$234K | -14,809 | Closed |
|
|
59
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$212K | -12,672 | Closed |
|
|
MFG
60
Merit Financial Group
Alpharetta,
Georgia
| – | -$173K | -10,327 | Closed |
|
61
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$116K | -6,967 | Closed |
|
|
IAIM
62
International Assets Investment Management
Orlando,
Florida
| – | -$6.62K | -396 | Closed |
|
HPI Hedge Fund Activity: Q3 2024 in Review
56 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q3 2024, worth a combined $64.2M — up 15% from $55.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HPI positions and 6 closed out — a net gain of 1 holder — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $985K. The largest seller was Commonwealth Equity Services, cutting an estimated $598K.
- 56 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q3 2024, up from 55 in Q2 2024.
- Funds reported $64.2M of John Hancock Preferred Income Fund stock for Q3 2024, up 15% quarter-over-quarter.
- 7 funds opened new John Hancock Preferred Income Fund positions in Q3 2024 and 6 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund buyer in Q3 2024 was Royal Bank of Canada, an estimated $985K added.
- The largest John Hancock Preferred Income Fund seller in Q3 2024 was Commonwealth Equity Services, an estimated $598K sold.
Based on aggregated 13F filings for Q3 2024.