John Hancock Preferred Income Fund
HPI
65 hedge funds and large institutions have $55.8M invested in John Hancock Preferred Income Fund in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
14% more funds holding
Funds holding: 57 → 65 (+8)
9% more capital invested
Capital invested by funds: $51.3M → $55.8M (+$4.49M)
1.45% more ownership
Funds ownership: 11.85% → 13.3% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$1.79M |
| 2 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$1.26M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$1.16M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.01M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$616K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMM
Buffington Mohr McNeal
Boise,
Idaho
|
-$268K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$147K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$63.8K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$56K |
| 5 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$53.1K |
HPI Hedge Fund Activity: Q4 2022 in Review
65 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2022, worth a combined $55.8M — up 8.7% from $51.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HPI positions and 6 closed out — a net gain of 10 holders — while 23 added to existing stakes and 15 trimmed.
The largest buyer was CAPTRUST Financial Advisors, opening a new position worth an estimated $1.79M. The largest seller was Buffington Mohr McNeal, exiting entirely with an estimated $268K sold.
- 65 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2022, up from 57 in Q3 2022.
- Funds reported $55.8M of John Hancock Preferred Income Fund stock for Q4 2022, up 8.7% quarter-over-quarter.
- 16 funds opened new John Hancock Preferred Income Fund positions in Q4 2022 and 6 closed out, a net change of +10 holders.
- The largest John Hancock Preferred Income Fund buyer in Q4 2022 was CAPTRUST Financial Advisors, an estimated $1.79M added.
- The largest John Hancock Preferred Income Fund seller in Q4 2022 was Buffington Mohr McNeal, an estimated $268K sold.
Based on aggregated 13F filings for Q4 2022.