John Hancock Preferred Income Fund
HPI
62 hedge funds and large institutions have $42.5M invested in John Hancock Preferred Income Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 6 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
21% more capital invested
Capital invested by funds: $35M → $42.5M (+$7.49M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 61 → 62 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 8.08% → 8.06% (-0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$721K |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$211K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$201K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$180K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$497K |
| 2 |
BMM
Buffington Mohr McNeal
Boise,
Idaho
|
-$452K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$284K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$174K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$167K |
HPI Hedge Fund Activity: Q2 2020 in Review
62 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2020, worth a combined $42.5M — up 21% from $35M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HPI positions and 6 closed out — a net gain of 1 holder — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $721K. The largest seller was Mariner, exiting entirely with an estimated $497K sold.
- 62 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2020, up from 61 in Q1 2020.
- Funds reported $42.5M of John Hancock Preferred Income Fund stock for Q2 2020, up 21% quarter-over-quarter.
- 7 funds opened new John Hancock Preferred Income Fund positions in Q2 2020 and 6 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund buyer in Q2 2020 was Morgan Stanley, an estimated $721K added.
- The largest John Hancock Preferred Income Fund seller in Q2 2020 was Mariner, an estimated $497K sold.
Based on aggregated 13F filings for Q2 2020.