John Hancock Preferred Income Fund
HPI
45 hedge funds and large institutions have $36.9M invested in John Hancock Preferred Income Fund in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
13% more funds holding
Funds holding: 40 → 45 (+5)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0.06% less ownership
Funds ownership: 7.41% → 7.35% (-0.06%)
1% less capital invested
Capital invested by funds: $37.4M → $36.9M (-$475K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.47M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$495K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$381K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$322K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.42M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.25M |
| 3 |
LPL Financial
San Diego,
California
|
-$519K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$386K |
| 5 |
Morgan Stanley
New York
|
-$377K |
HPI Hedge Fund Activity: Q3 2015 in Review
45 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q3 2015, worth a combined $36.9M — down 1.3% from $37.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HPI positions and 4 closed out — a net gain of 5 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was UBS Group, adding an estimated $1.47M. The largest seller was Guggenheim Capital, cutting an estimated $1.42M.
- 45 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q3 2015, up from 40 in Q2 2015.
- Funds reported $36.9M of John Hancock Preferred Income Fund stock for Q3 2015, down 1.3% quarter-over-quarter.
- 9 funds opened new John Hancock Preferred Income Fund positions in Q3 2015 and 4 closed out, a net change of +5 holders.
- The largest John Hancock Preferred Income Fund buyer in Q3 2015 was UBS Group, an estimated $1.47M added.
- The largest John Hancock Preferred Income Fund seller in Q3 2015 was Guggenheim Capital, an estimated $1.42M sold.
Based on aggregated 13F filings for Q3 2015.