John Hancock Preferred Income Fund
HPI
70 hedge funds and large institutions have $51.2M invested in John Hancock Preferred Income Fund in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
24% more capital invested
Capital invested by funds: $41.3M → $51.2M (+$9.82M)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
6% more funds holding
Funds holding: 66 → 70 (+4)
1.78% more ownership
Funds ownership: 8.14% → 9.92% (+1.8%)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$5.42M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.03M |
| 3 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$1.34M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.27M |
| 5 |
Millennium Management
New York
|
+$760K |
Top Sellers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.18M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$854K |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$528K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$407K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$272K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EIP
76
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$13K | -715 | Closed |
|
|
GT
77
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$11K | -637 | Closed |
|
|
MA
78
MCF Advisors
Covington,
Kentucky
| – | -$12K | -618 | Closed |
|
|
CBT
79
Central Bank & Trust
Lexington,
Kentucky
| – | -$8K | -400 | Closed |
|
|
S
80
SignatureFD
Atlanta,
Georgia
| – | -$5K | -250 | Closed |
|
|
FFA
81
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$4K | -200 | Closed |
|
82
Fidelity Investments
Boston,
Massachusetts
| – | +$38 | +2 | New |
|
HPI Hedge Fund Activity: Q4 2020 in Review
70 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2020, worth a combined $51.2M — up 24% from $41.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HPI positions and 12 closed out — a net gain of 4 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.42M. The largest seller was Ameriprise, exiting entirely with an estimated $1.18M sold.
- 70 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2020, up from 66 in Q3 2020.
- Funds reported $51.2M of John Hancock Preferred Income Fund stock for Q4 2020, up 24% quarter-over-quarter.
- 16 funds opened new John Hancock Preferred Income Fund positions in Q4 2020 and 12 closed out, a net change of +4 holders.
- The largest John Hancock Preferred Income Fund buyer in Q4 2020 was Morgan Stanley, an estimated $5.42M added.
- The largest John Hancock Preferred Income Fund seller in Q4 2020 was Ameriprise, an estimated $1.18M sold.
Based on aggregated 13F filings for Q4 2020.