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HPI

John Hancock Preferred Income Fund

49 hedge funds and large institutions have $44.4M invested in John Hancock Preferred Income Fund in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 11

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

20% more capital invested

Capital invested by funds: $36.9M → $44.4M (+$7.44M)

9% more funds holding

Funds holding: 4549 (+4)

1.17% more ownership

Funds ownership: 7.35%8.52% (+1.2%)

Holders
49
Holders Change
+4
Holders Change %
+8.89%
% of All Funds
1.29%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
18
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$6.14M -$318K -16,159 -5%
Invesco
2
Invesco
Georgia
$5.77M +$732K +37,178 +15%
LPL Financial
3
LPL Financial
California
$5.55M +$2.72M +137,983 +102%
GC
4
Guggenheim Capital
Illinois
$4.04M -$802K -40,766 -17%
CS
5
Credit Suisse
Switzerland
$2.23M -$6.89K -350 -0.3%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$1.72M +$85.8K +4,361 +5%
PTCG
7
Pring Turner Capital Group
California
$1.68M
CIA
8
Capital Investment Advisors
Georgia
$1.39M -$6.42K -326 -0.5%
TCMG
9
TSP Capital Management Group
New Jersey
$1.32M +$209K +10,600 +19%
Cohen & Steers
10
Cohen & Steers
New York
$1.18M +$27.5K +1,400 +2%
Morgan Stanley
11
Morgan Stanley
New York
$1.09M +$102K +5,182 +11%
RCM
12
Robinson Capital Management
Michigan
$1.09M +$1.07M +54,295 New
Bank of America
13
Bank of America
North Carolina
$1.08M -$21K -1,067 -2%
Wells Fargo
14
Wells Fargo
California
$1.02M +$19.9K +1,010 +2%
ICAS
15
Investors Capital Advisory Services
Massachusetts
$948K -$11.8K -600 -1%
LCM
16
Laurion Capital Management
New York
$809K +$795K +40,413 New
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$600K +$8.6K +437 +1%
VC
18
Vicus Capital
Pennsylvania
$573K -$34.5K -1,755 -6%
ICOA
19
Investment Centers of America
North Dakota
$571K -$551 -28 -0.1%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$533K +$122K +6,200 +30%
AIG
21
American International Group
New York
$471K +$134K +6,792 +41%
Ameriprise
22
Ameriprise
Minnesota
$438K +$119K +6,024 +38%
MBT
23
Monroe Bank & Trust
Michigan
$421K -$39.4K -2,000 -9%
NPC
24
National Planning Corporation
California
$370K +$354K +18,000 New
NL
25
NWAM LLC
Washington
$366K +$360K +18,300 New

HPI Hedge Fund Activity: Q4 2015 in Review

49 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2015, worth a combined $44.4M — up 20% from $36.9M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new HPI positions and 7 closed out — a net gain of 4 holders — while 18 added to existing stakes and 11 trimmed.

The largest buyer was LPL Financial, adding an estimated $2.72M. The largest seller was Guggenheim Capital, cutting an estimated $802K.

  • 49 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2015, up from 45 in Q3 2015.
  • Funds reported $44.4M of John Hancock Preferred Income Fund stock for Q4 2015, up 20% quarter-over-quarter.
  • 11 funds opened new John Hancock Preferred Income Fund positions in Q4 2015 and 7 closed out, a net change of +4 holders.
  • The largest John Hancock Preferred Income Fund buyer in Q4 2015 was LPL Financial, an estimated $2.72M added.
  • The largest John Hancock Preferred Income Fund seller in Q4 2015 was Guggenheim Capital, an estimated $802K sold.

Based on aggregated 13F filings for Q4 2015.