John Hancock Preferred Income Fund
HPI
60 hedge funds and large institutions have $41.2M invested in John Hancock Preferred Income Fund in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
28% more funds holding
Funds holding: 47 → 60 (+13)
8% more capital invested
Capital invested by funds: $38.3M → $41.2M (+$2.88M)
0.67% more ownership
Funds ownership: 6.73% → 7.39% (+0.67%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.15M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$411K |
| 3 |
LPL Financial
San Diego,
California
|
+$315K |
| 4 |
SAM
Selway Asset Management
|
+$268K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$503K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$459K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$415K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$374K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$349K |
HPI Hedge Fund Activity: Q4 2017 in Review
60 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2017, worth a combined $41.2M — up 7.5% from $38.3M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new HPI positions and 9 closed out — a net gain of 13 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $1.15M. The largest seller was Private Advisor Group, exiting entirely with an estimated $503K sold.
- 60 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2017, up from 47 in Q3 2017.
- Funds reported $41.2M of John Hancock Preferred Income Fund stock for Q4 2017, up 7.5% quarter-over-quarter.
- 22 funds opened new John Hancock Preferred Income Fund positions in Q4 2017 and 9 closed out, a net change of +13 holders.
- The largest John Hancock Preferred Income Fund buyer in Q4 2017 was Commonwealth Equity Services, an estimated $1.15M added.
- The largest John Hancock Preferred Income Fund seller in Q4 2017 was Private Advisor Group, an estimated $503K sold.
Based on aggregated 13F filings for Q4 2017.