John Hancock Preferred Income Fund
HPI
62 hedge funds and large institutions have $42.1M invested in John Hancock Preferred Income Fund in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 9 closing their positions.
6% more capital invested
Capital invested by funds: $39.6M → $42.1M (+$2.51M)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0% more ownership
Funds ownership: 7.44% → 7.44% (+0%)
2% less funds holding
Funds holding: 63 → 62 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$565K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$456K |
| 3 |
Cohen & Steers
New York
|
+$372K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
+$228K |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$942K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$372K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$310K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$252K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$210K |
HPI Hedge Fund Activity: Q2 2018 in Review
62 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2018, worth a combined $42.1M — up 6.3% from $39.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HPI and 8 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 17 added.
The largest buyer was Envestnet Asset Management, adding an estimated $565K. The largest seller was UBS Group, cutting an estimated $942K.
- 62 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2018, down from 63 in Q1 2018.
- Funds reported $42.1M of John Hancock Preferred Income Fund stock for Q2 2018, up 6.3% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund positions in Q2 2018 and 9 closed out, a net change of -1 holder.
- The largest John Hancock Preferred Income Fund buyer in Q2 2018 was Envestnet Asset Management, an estimated $565K added.
- The largest John Hancock Preferred Income Fund seller in Q2 2018 was UBS Group, an estimated $942K sold.
Based on aggregated 13F filings for Q2 2018.