John Hancock Preferred Income Fund
HPI
57 hedge funds and large institutions have $58.8M invested in John Hancock Preferred Income Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 8 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
17% more capital invested
Capital invested by funds: $50.3M → $58.8M (+$8.43M)
1.02% more ownership
Funds ownership: 13.13% → 14.16% (+1%)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
2% less funds holding
Funds holding: 58 → 57 (-1)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$1.75M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.02M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$675K |
| 4 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$592K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$439K |
Top Sellers
HPI Hedge Fund Activity: Q4 2023 in Review
57 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2023, worth a combined $58.8M — up 17% from $50.3M a quarter earlier.
Fund positioning in HPI was balanced in Q4 2023: 8 funds opened new positions, 8 closed out, 20 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.75M. The largest seller was Osaic Holdings, cutting an estimated $283K.
- 57 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2023, down from 58 in Q3 2023.
- Funds reported $58.8M of John Hancock Preferred Income Fund stock for Q4 2023, up 17% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund positions in Q4 2023 and 8 closed out, a net change of 0 holders.
- The largest John Hancock Preferred Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $1.75M added.
- The largest John Hancock Preferred Income Fund seller in Q4 2023 was Osaic Holdings, an estimated $283K sold.
Based on aggregated 13F filings for Q4 2023.