John Hancock Preferred Income Fund
HPI
47 hedge funds and large institutions have $40.8M invested in John Hancock Preferred Income Fund in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 5 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
1.01% less ownership
Funds ownership: 7.95% → 6.94% (-1%)
10% less funds holding
Funds holding: 52 → 47 (-5)
10% less capital invested
Capital invested by funds: $45.3M → $40.8M (-$4.52M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$312K |
| 2 |
JG
Jefferies Group
New York
|
+$227K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$146K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$138K |
| 5 |
Morgan Stanley
New York
|
+$129K |
Top Sellers
HPI Hedge Fund Activity: Q2 2017 in Review
47 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2017, worth a combined $40.8M — down 10% from $45.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HPI and 1 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 15 added.
The largest buyer was Ameriprise, adding an estimated $312K. The largest seller was LPL Financial, cutting an estimated $1.87M.
- 47 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2017, down from 52 in Q1 2017.
- Funds reported $40.8M of John Hancock Preferred Income Fund stock for Q2 2017, down 10% quarter-over-quarter.
- 1 fund opened new John Hancock Preferred Income Fund positions in Q2 2017 and 5 closed out, a net change of -4 holders.
- The largest John Hancock Preferred Income Fund buyer in Q2 2017 was Ameriprise, an estimated $312K added.
- The largest John Hancock Preferred Income Fund seller in Q2 2017 was LPL Financial, an estimated $1.87M sold.
Based on aggregated 13F filings for Q2 2017.