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HPI

John Hancock Preferred Income Fund

68 hedge funds and large institutions have $65.4M invested in John Hancock Preferred Income Fund in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 15

4% more capital invested

Capital invested by funds: $62.8M → $65.4M (+$2.62M)

0.37% less ownership

Funds ownership: 11.6%11.24% (-0.37%)

1% less funds holding

Funds holding: 6968 (-1)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

Holders
68
Holders Change
-1
Holders Change %
-1.45%
% of All Funds
1.18%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
22
Reduced
15
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$18.6M +$656K +31,302 +4%
UBS Group
2
UBS Group
Switzerland
$6.99M +$580K +27,685 +9%
Invesco
3
Invesco
Georgia
$5.18M -$37.5K -1,789 -0.7%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$3.78M +$47.6K +2,271 +1%
ARG
5
Advisory Resource Group
Oklahoma
$3.4M -$97.2K -4,637 -3%
LPL Financial
6
LPL Financial
California
$2.98M +$62.1K +2,961 +2%
KAS
7
Kestra Advisory Services
Texas
$2.64M -$39.8K -1,900 -2%
DTIM
8
Danda Trouve Investment Management
Kansas
$2.14M +$23.3K +1,109 +1%
TCMG
9
TSP Capital Management Group
New Jersey
$1.8M -$1.7M -80,945 Closed
Cohen & Steers
10
Cohen & Steers
New York
$1.36M +$173K +8,250 +15%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.36M -$24.5K -1,167 -2%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$1.18M -$10.3K -492 -0.9%
HighTower Advisors
13
HighTower Advisors
Illinois
$1.05M +$3.12K +149 +0.3%
Fiera Capital (Canada)
14
Fiera Capital (Canada)
Quebec, Canada
$998K +$245K +11,701 +34%
Osaic Holdings
15
Osaic Holdings
Arizona
$965K -$35.8K -1,708 -4%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$836K -$95.2K -4,542 -11%
Wells Fargo
17
Wells Fargo
California
$731K -$21K -1,000 -3%
MAFM
18
Mid Atlantic Financial Management
Pennsylvania
$673K -$75.2K -3,588 -10%
KOMWMG
19
Kerntke Otto McGlone Wealth Management Group
Wisconsin
$583K +$1.66K +79 +0.3%
Bank of America
20
Bank of America
North Carolina
$523K +$30.6K +1,461 +6%
CAN
21
Cetera Advisor Networks
California
$514K +$499K +23,815 New
RJA
22
Raymond James & Associates
Florida
$413K -$6.33K -302 -2%
Koshinski Asset Management
23
Koshinski Asset Management
Illinois
$384K +$24.1K +1,147 +7%
NFSG
24
Newbridge Financial Services Group
Florida
$377K +$28.4K +1,353 +8%
WS
25
Wedbush Securities
California
$373K +$21K +1,000 +6%

HPI Hedge Fund Activity: Q2 2021 in Review

68 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2021, worth a combined $65.4M — up 4.2% from $62.8M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of HPI and 9 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 22 added.

The largest buyer was Morgan Stanley, adding an estimated $656K. The largest seller was TSP Capital Management Group, exiting entirely with an estimated $1.7M sold.

  • 68 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2021, down from 69 in Q1 2021.
  • Funds reported $65.4M of John Hancock Preferred Income Fund stock for Q2 2021, up 4.2% quarter-over-quarter.
  • 9 funds opened new John Hancock Preferred Income Fund positions in Q2 2021 and 10 closed out, a net change of -1 holder.
  • The largest John Hancock Preferred Income Fund buyer in Q2 2021 was Morgan Stanley, an estimated $656K added.
  • The largest John Hancock Preferred Income Fund seller in Q2 2021 was TSP Capital Management Group, an estimated $1.7M sold.

Based on aggregated 13F filings for Q2 2021.