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HPI

John Hancock Preferred Income Fund

61 hedge funds and large institutions have $48.8M invested in John Hancock Preferred Income Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $43.2M → $48.8M (+$5.63M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 17

0.82% less ownership

Funds ownership: 8.81%7.99% (-0.82%)

2% less funds holding

Funds holding: 6261 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

Holders
61
Holders Change
-1
Holders Change %
-1.61%
% of All Funds
1.32%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
17
Reduced
17
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$5.6M -$1.89K -89 -0%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$5.51M +$46K +2,169 +0.9%
LWS
3
Lucia Wealth Services
California
$4.67M +$584K +27,560 +15%
ARG
4
Advisory Resource Group
Oklahoma
$4.26M +$65.9K +3,109 +2%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$3.72M +$177K +8,357 +5%
Invesco
6
Invesco
Georgia
$3.54M -$42.8K -2,018 -1%
LPL Financial
7
LPL Financial
California
$2.53M +$12.7K +601 +0.5%
Morgan Stanley
8
Morgan Stanley
New York
$2.48M +$105K +4,970 +5%
TCMG
9
TSP Capital Management Group
New Jersey
$1.69M -$1.58M -74,775 Closed
Wells Fargo
10
Wells Fargo
California
$1.45M -$33.5K -1,580 -2%
Ameriprise
11
Ameriprise
Minnesota
$1.28M +$1.31K +62 +0.1%
BMM
12
Buffington Mohr McNeal
Idaho
$997K
AG
13
Advisor Group
Arizona
$886K +$161K +7,612 +24%
Cohen & Steers
14
Cohen & Steers
New York
$779K -$70.6K -3,329 -9%
Bank of America
15
Bank of America
North Carolina
$776K -$87.5K -4,127 -11%
GWM
16
Geneos Wealth Management
Colorado
$734K -$48.2K -2,275 -7%
RJA
17
Raymond James & Associates
Florida
$560K -$53.5K -2,524 -9%
SAM
18
Selway Asset Management
$516K -$3.25M -153,437 -87%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$498K +$14.8K +699 +3%
NL
20
NWAM LLC
Washington
$483K
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$446K -$35.1K -1,654 -8%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$445K +$120K +5,639 +40%
MAFM
23
Mid Atlantic Financial Management
Pennsylvania
$439K -$220K -10,400 -35%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$420K
MCM
25
McRae Capital Management
New Jersey
$363K

HPI Hedge Fund Activity: Q1 2019 in Review

61 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q1 2019, worth a combined $48.8M — up 13% from $43.2M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of HPI and 5 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 17 added.

The largest buyer was Lucia Wealth Services, adding an estimated $584K. The largest seller was Selway Asset Management, cutting an estimated $3.25M.

  • 61 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q1 2019, down from 62 in Q4 2018.
  • Funds reported $48.8M of John Hancock Preferred Income Fund stock for Q1 2019, up 13% quarter-over-quarter.
  • 5 funds opened new John Hancock Preferred Income Fund positions in Q1 2019 and 6 closed out, a net change of -1 holder.
  • The largest John Hancock Preferred Income Fund buyer in Q1 2019 was Lucia Wealth Services, an estimated $584K added.
  • The largest John Hancock Preferred Income Fund seller in Q1 2019 was Selway Asset Management, an estimated $3.25M sold.

Based on aggregated 13F filings for Q1 2019.