John Hancock Preferred Income Fund
HPI
64 hedge funds and large institutions have $59.6M invested in John Hancock Preferred Income Fund in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0.23% less ownership
Funds ownership: 13.67% → 13.44% (-0.23%)
3% less funds holding
Funds holding: 66 → 64 (-2)
24% less capital inflows, than outflows
Capital inflows: $2.92M | Capital outflows: $3.84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$823K |
| 2 |
Cohen & Steers
New York
|
+$594K |
| 3 |
IHT Wealth Management
Chicago,
Illinois
|
+$256K |
| 4 |
Readystate Asset Management
Chicago,
Illinois
|
+$209K |
| 5 |
Main Street Financial Solutions
Newtown,
Pennsylvania
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
J.W. Cole Advisors
Tampa,
Florida
|
-$2.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$439K |
| 3 |
Mariner
Overland Park,
Kansas
|
-$265K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$236K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$162K |
HPI Hedge Fund Activity: Q1 2026 in Review
64 of the 8,217 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund (HPI) for Q1 2026, worth a combined $59.6M — down 2.8% from $61.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HPI positions and 7 closed out — a net gain of 1 holder — while 24 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $823K. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $2.2M sold.
- 64 institutional investors held John Hancock Preferred Income Fund (HPI) as of Q1 2026, down from 66 in Q4 2025.
- Funds reported $59.6M of John Hancock Preferred Income Fund stock for Q1 2026, down 2.8% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund positions in Q1 2026 and 7 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund buyer in Q1 2026 was Morgan Stanley, an estimated $823K added.
- The largest John Hancock Preferred Income Fund seller in Q1 2026 was J.W. Cole Advisors, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2026.