John Hancock Preferred Income Fund
HPI
57 hedge funds and large institutions have $51.1M invested in John Hancock Preferred Income Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 8 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
2% more capital invested
Capital invested by funds: $50.3M → $51.1M (+$785K)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.82% less ownership
Funds ownership: 13.13% → 12.31% (-0.82%)
2% less funds holding
Funds holding: 58 → 57 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.02M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$675K |
| 3 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$592K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$439K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.25M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$283K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$232K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$224K |
| 5 |
MCM
McRae Capital Management
Morristown,
New Jersey
|
-$210K |
HPI Hedge Fund Activity: Q4 2023 in Review
57 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q4 2023, worth a combined $51.1M — up 1.6% from $50.3M a quarter earlier.
Fund positioning in HPI was balanced in Q4 2023: 8 funds opened new positions, 8 closed out, 19 added to existing stakes and 15 trimmed.
The largest buyer was UBS Group, adding an estimated $1.02M. The largest seller was Morgan Stanley, cutting an estimated $5.25M.
- 57 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q4 2023, down from 58 in Q3 2023.
- Funds reported $51.1M of John Hancock Preferred Income Fund stock for Q4 2023, up 1.6% 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 UBS Group, an estimated $1.02M added.
- The largest John Hancock Preferred Income Fund seller in Q4 2023 was Morgan Stanley, an estimated $5.25M sold.
Based on aggregated 13F filings for Q4 2023.