John Hancock Preferred Income Fund
HPI
59 hedge funds and large institutions have $47.3M invested in John Hancock Preferred Income Fund in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 8 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.41% less ownership
Funds ownership: 7.99% → 7.58% (-0.41%)
3% less capital invested
Capital invested by funds: $48.8M → $47.3M (-$1.5M)
3% less funds holding
Funds holding: 61 → 59 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$884K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$703K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$465K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$366K |
| 5 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWS
Lucia Wealth Services
San Diego,
California
|
-$4.67M |
| 2 |
SAM
Selway Asset Management
|
-$516K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$265K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$228K |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$216K |
HPI Hedge Fund Activity: Q2 2019 in Review
59 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2019, worth a combined $47.3M — down 3.1% from $48.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HPI and 6 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $884K. The largest seller was Lucia Wealth Services, exiting entirely with an estimated $4.67M sold.
- 59 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2019, down from 61 in Q1 2019.
- Funds reported $47.3M of John Hancock Preferred Income Fund stock for Q2 2019, down 3.1% quarter-over-quarter.
- 6 funds opened new John Hancock Preferred Income Fund positions in Q2 2019 and 8 closed out, a net change of -2 holders.
- The largest John Hancock Preferred Income Fund buyer in Q2 2019 was Cetera Advisors, an estimated $884K added.
- The largest John Hancock Preferred Income Fund seller in Q2 2019 was Lucia Wealth Services, an estimated $4.67M sold.
Based on aggregated 13F filings for Q2 2019.