John Hancock Preferred Income Fund
HPI
47 hedge funds and large institutions have $38.3M invested in John Hancock Preferred Income Fund in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more funds holding
Funds holding: 47 → 47 (0)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
0.21% less ownership
Funds ownership: 6.94% → 6.73% (-0.21%)
6% less capital invested
Capital invested by funds: $40.8M → $38.3M (-$2.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$1.43M |
| 2 |
SAM
Selway Asset Management
|
+$299K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$251K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$244K |
| 5 |
IAMOG
Investors Asset Management of Georgia
Atlanta,
Georgia
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.16M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$970K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$565K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$337K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$277K |
HPI Hedge Fund Activity: Q3 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 Q3 2017, worth a combined $38.3M — down 6.1% from $40.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new HPI positions and 4 closed out — a net gain of 1 holder — while 14 added to existing stakes and 14 trimmed.
The largest buyer was TSP Capital Management Group, opening a new position worth an estimated $1.43M. The largest seller was Commonwealth Equity Services, cutting an estimated $1.16M.
- 47 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $38.3M of John Hancock Preferred Income Fund stock for Q3 2017, down 6.1% quarter-over-quarter.
- 5 funds opened new John Hancock Preferred Income Fund positions in Q3 2017 and 4 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund buyer in Q3 2017 was TSP Capital Management Group, an estimated $1.43M added.
- The largest John Hancock Preferred Income Fund seller in Q3 2017 was Commonwealth Equity Services, an estimated $1.16M sold.
Based on aggregated 13F filings for Q3 2017.