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HPI

John Hancock Preferred Income Fund

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.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

13% more funds holding

Funds holding: 4045 (+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)

Holders
45
Holders Change
+5
Holders Change %
+12.5%
% of All Funds
1.26%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
13
Reduced
12
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$6.24M +$1.47M +75,402 +30%
Invesco
2
Invesco
Georgia
$4.85M +$495K +25,401 +11%
GC
3
Guggenheim Capital
Illinois
$4.69M -$1.42M -72,805 -23%
LPL Financial
4
LPL Financial
California
$2.64M -$519K -26,639 -16%
CS
5
Credit Suisse
Switzerland
$2.15M -$19.5K -1,000 -0.9%
PTCG
6
Pring Turner Capital Group
California
$1.62M -$18.5K -950 -1%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$1.58M +$2.22K +114 +0.1%
CIA
8
Capital Investment Advisors
Georgia
$1.35M -$38.5K -1,979 -3%
Cohen & Steers
9
Cohen & Steers
New York
$1.11M +$178K +9,156 +19%
TCMG
10
TSP Capital Management Group
New Jersey
$1.07M +$36K +1,850 +3%
Bank of America
11
Bank of America
North Carolina
$1.07M -$1.25M -64,207 -54%
Wells Fargo
12
Wells Fargo
California
$964K +$44.6K +2,290 +5%
Morgan Stanley
13
Morgan Stanley
New York
$951K -$377K -19,390 -28%
ICAS
14
Investors Capital Advisory Services
Massachusetts
$927K +$92.8K +4,768 +11%
VC
15
Vicus Capital
Pennsylvania
$587K +$3.56K +183 +0.6%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$571K -$3.35K -172 -0.6%
ICOA
17
Investment Centers of America
North Dakota
$560K +$5.47K +281 +1%
MBT
18
Monroe Bank & Trust
Michigan
$446K
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$395K +$55.9K +2,870 +16%
WAM
20
Wolverine Asset Management
Illinois
$377K +$381K +19,550 New
AIG
21
American International Group
New York
$323K +$138K +7,073 +73%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$320K +$322K +16,548 New
Ameriprise
23
Ameriprise
Minnesota
$307K +$309K +15,864 New
PAG
24
Private Advisor Group
New Jersey
$241K +$242K +12,446 New
SFS
25
Shaker Financial Services
Virginia
$237K +$239K +12,259 New

HPI Hedge Fund Activity: Q3 2015 in Review

45 of the 3,582 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.