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HPS

John Hancock Preferred Income Fund III

60 hedge funds and large institutions have $60.2M invested in John Hancock Preferred Income Fund III in 2026 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 15

0.06% less ownership

Funds ownership: 13.21%13.15% (-0.06%)

2% less capital invested

Capital invested by funds: $61.2M → $60.2M (-$1.01M)

6% less funds holding

Funds holding: 6460 (-4)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

Holders
60
Holders Change
-4
Holders Change %
-6.25%
% of All Funds
0.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
19
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$17.5M +$844K +57,965 +5%
Morgan Stanley
2
Morgan Stanley
New York
$11M -$109K -7,499 -1%
LPL Financial
3
LPL Financial
California
$4.5M +$282K +19,366 +7%
Invesco
4
Invesco
Georgia
$3.06M -$124K -8,549 -4%
Ameriprise
5
Ameriprise
Minnesota
$2.4M +$169K +11,632 +7%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$2.37M -$36.2K -2,486 -1%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.35M +$48.4K +3,323 +2%
Bank of America
8
Bank of America
North Carolina
$2.09M +$961 +66 +0%
GC
9
Guggenheim Capital
Illinois
$1.61M -$784K -53,886 -32%
Fiera Capital (Canada)
10
Fiera Capital (Canada)
Quebec, Canada
$1.58M -$70.6K -4,849 -4%
PVI
11
Pine Valley Investments
New Jersey
$886K -$19.9K -1,366 -2%
Cohen & Steers
12
Cohen & Steers
New York
$872K +$463K +31,787 +108%
AWM
13
Activest Wealth Management
Florida
$834K -$25.7K -1,764 -3%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$742K +$55.2K +3,794 +8%
SFS
15
Sowell Financial Services
Arkansas
$685K +$46.5K +3,192 +7%
Osaic Holdings
16
Osaic Holdings
Arizona
$677K +$95.6K +6,572 +16%
Wells Fargo
17
Wells Fargo
California
$576K -$3.84K -264 -0.6%
LOPW
18
Live Oak Private Wealth
North Carolina
$550K
WWM
19
Western Wealth Management
Colorado
$459K +$469K +32,208 New
PTC
20
Philadelphia Trust Company
Pennsylvania
$396K -$202K -13,880 -33%
Wealth Enhancement Advisory Services
21
Wealth Enhancement Advisory Services
Minnesota
$383K
AWS
22
Arkfeld Wealth Strategies
Nebraska
$368K +$12.3K +844 +3%
PRTG
23
Post Resch Tallon Group
New York
$365K +$378 +26 +0.1%
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$316K +$28.9K +1,987 +10%
GIA
25
Gladstone Institutional Advisory
Florida
$295K +$301K +20,706 New

HPS Hedge Fund Activity: Q1 2026 in Review

60 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2026, worth a combined $60.2M — down 1.6% from $61.2M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of HPS and 7 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 19 added.

The largest buyer was UBS Group, adding an estimated $844K. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $874K sold.

  • 60 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2026, down from 64 in Q4 2025.
  • Funds reported $60.2M of John Hancock Preferred Income Fund III stock for Q1 2026, down 1.6% quarter-over-quarter.
  • 7 funds opened new John Hancock Preferred Income Fund III positions in Q1 2026 and 8 closed out, a net change of -1 holder.
  • The largest John Hancock Preferred Income Fund III buyer in Q1 2026 was UBS Group, an estimated $844K added.
  • The largest John Hancock Preferred Income Fund III seller in Q1 2026 was J.W. Cole Advisors, an estimated $874K sold.

Based on aggregated 13F filings for Q1 2026.