John Hancock Preferred Income Fund
HPI
59 hedge funds and large institutions have $49.6M invested in John Hancock Preferred Income Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
5% more capital invested
Capital invested by funds: $47.3M → $49.6M (+$2.31M)
0.04% more ownership
Funds ownership: 7.58% → 7.63% (+0.04%)
0% more funds holding
Funds holding: 59 → 59 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
+$448K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$357K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$334K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$274K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.41M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$147K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$88.7K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$78.1K |
| 5 |
APSP
Asset Planning Services (Pennsylvania)
Harleysville,
Pennsylvania
|
-$78K |
HPI Hedge Fund Activity: Q3 2019 in Review
59 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q3 2019, worth a combined $49.6M — up 4.9% from $47.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HPI positions and 3 closed out — a net gain of 1 holder — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Mariner, opening a new position worth an estimated $448K. The largest seller was Envestnet Asset Management, cutting an estimated $1.41M.
- 59 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $49.6M of John Hancock Preferred Income Fund stock for Q3 2019, up 4.9% quarter-over-quarter.
- 4 funds opened new John Hancock Preferred Income Fund positions in Q3 2019 and 3 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund buyer in Q3 2019 was Mariner, an estimated $448K added.
- The largest John Hancock Preferred Income Fund seller in Q3 2019 was Envestnet Asset Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q3 2019.