John Hancock Preferred Income Fund
HPI
58 hedge funds and large institutions have $62.7M invested in John Hancock Preferred Income Fund in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 12 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
0.77% more ownership
Funds ownership: 11.22% → 11.98% (+0.77%)
0% less capital invested
Capital invested by funds: $62.7M → $62.7M (-$94.6K)
13% less funds holding
Funds holding: 67 → 58 (-9)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.75M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$894K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$515K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$445K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$343K |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$330K |
| 3 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$295K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$270K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$248K |
HPI Hedge Fund Activity: Q1 2022 in Review
58 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q1 2022, worth a combined $62.7M — down 0.15% from $62.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HPI and 5 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $1.75M. The largest seller was Millennium Management, exiting entirely with an estimated $343K sold.
- 58 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q1 2022, down from 67 in Q4 2021.
- Funds reported $62.7M of John Hancock Preferred Income Fund stock for Q1 2022, down 0.15% quarter-over-quarter.
- 5 funds opened new John Hancock Preferred Income Fund positions in Q1 2022 and 12 closed out, a net change of -7 holders.
- The largest John Hancock Preferred Income Fund buyer in Q1 2022 was Morgan Stanley, an estimated $1.75M added.
- The largest John Hancock Preferred Income Fund seller in Q1 2022 was Millennium Management, an estimated $343K sold.
Based on aggregated 13F filings for Q1 2022.