John Hancock Preferred Income Fund
HPI
64 hedge funds and large institutions have $62M invested in John Hancock Preferred Income Fund in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 4 closing their positions.
435% more capital inflows, than outflows
Capital inflows: $6.64M | Capital outflows: $1.24M
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
3% more funds holding
Funds holding: 62 → 64 (+2)
1.04% more ownership
Funds ownership: 12.96% → 14% (+1%)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
J.W. Cole Advisors
Tampa,
Florida
|
+$1.2M |
| 2 |
Cohen & Steers
New York
|
+$900K |
| 3 |
Morgan Stanley
New York
|
+$788K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$647K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$287K |
| 2 |
Level Four Advisory Services
Dallas,
Texas
|
-$212K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$152K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$84.5K |
| 5 |
Everstar Asset Management
Mooresville,
North Carolina
|
-$73.2K |
HPI Hedge Fund Activity: Q1 2025 in Review
64 of the 7,481 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q1 2025, worth a combined $62M — up 7.7% from $57.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HPI positions and 4 closed out — a net gain of 6 holders — while 18 added to existing stakes and 17 trimmed.
The largest buyer was J.W. Cole Advisors, opening a new position worth an estimated $1.2M. The largest seller was HighTower Advisors, cutting an estimated $287K.
- 64 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q1 2025, up from 62 in Q4 2024.
- Funds reported $62M of John Hancock Preferred Income Fund stock for Q1 2025, up 7.7% quarter-over-quarter.
- 10 funds opened new John Hancock Preferred Income Fund positions in Q1 2025 and 4 closed out, a net change of +6 holders.
- The largest John Hancock Preferred Income Fund buyer in Q1 2025 was J.W. Cole Advisors, an estimated $1.2M added.
- The largest John Hancock Preferred Income Fund seller in Q1 2025 was HighTower Advisors, an estimated $287K sold.
Based on aggregated 13F filings for Q1 2025.