John Hancock Preferred Income Fund

HPI

Market cap $433M

HPI Hedge Fund Activity: Q2 2022 in Review

60 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q2 2022, worth a combined $58.3M — down 7% from $62.7M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new HPI positions and 4 closed out — a net gain of 2 holders — while 21 added to existing stakes and 14 trimmed.

The largest buyer was Kestra Advisory Services, adding an estimated $770K. The largest seller was Invesco, cutting an estimated $606K.

• 60 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q2 2022, up from 58 in Q1 2022.
• Funds reported $58.3M of John Hancock Preferred Income Fund stock for Q2 2022, down 7% quarter-over-quarter.
• 6 funds opened new John Hancock Preferred Income Fund positions in Q2 2022 and 4 closed out, a net change of +2 holders.
• The largest John Hancock Preferred Income Fund buyer in Q2 2022 was Kestra Advisory Services, an estimated $770K added.
• The largest John Hancock Preferred Income Fund seller in Q2 2022 was Invesco, an estimated $606K sold.

Based on aggregated 13F filings for Q2 2022.