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HPS

John Hancock Preferred Income Fund III

43 hedge funds and large institutions have $57.3M invested in John Hancock Preferred Income Fund III in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

16% more funds holding

Funds holding: 3743 (+6)

0.61% more ownership

Funds ownership: 11.03%11.64% (+0.61%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $58.2M → $57.3M (-$950K)

38% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 13

Holders
43
Holders Change
+6
Holders Change %
+16.22%
% of All Funds
1.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
8
Reduced
13
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$51K +$28.9K +1,800 +120%
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$48K +$385 +24 +0.8%
TRCT
28
Tower Research Capital (TRC)
New York
$37K -$18.1K -1,130 -32%
FNBT
29
FineMark National Bank & Trust
Florida
$37K +$38.5K +2,400 New
SMA
30
Simply Money Advisors
Ohio
$33K
FAM
31
Formidable Asset Management
Ohio
$29K
CAPTRUST Financial Advisors
32
CAPTRUST Financial Advisors
North Carolina
$25K
AIG
33
American International Group
New York
$19.8K -$34.6K -2,155 -63%
WA
34
WFG Advisors
Texas
$19K +$16.9K +1,050 +682%
WCM
35
Windsor Capital Management
Arizona
$16K
MFS
36
MSI Financial Services
Massachusetts
$14K -$16.1K -1,000 -53%
ST
37
Somerset Trust
Pennsylvania
$14K +$14.4K +900 New
Citigroup
38
Citigroup
New York
$12K +$10K +624 +374%
Creative Planning
39
Creative Planning
Kansas
$11K +$11.2K +700 New
RIA
40
Regal Investment Advisors
Michigan
$8K
WRM
41
Westport Resources Management
Connecticut
$7K
BFEC
42
Benjamin F. Edwards & Company
Missouri
$6K -$358K -22,275 -98%
NES
43
New England Securities
New York
$2K
FAAS
44
First Allied Advisory Services
California
-$273K -15,706 Closed
Fifth Third Bancorp
45
Fifth Third Bancorp
Ohio
-$55K -3,271 Closed
ST
46
Smithfield Trust
Pennsylvania
-$19K -1,150 Closed
Ameriprise
47
Ameriprise
Minnesota
-$13K -800 Closed
Deutsche Bank
48
Deutsche Bank
Germany
-$8K -500 Closed
TFA
49
Transamerica Financial Advisors
Florida
-$3K -167 Closed
BC
50
Bartlett & Co
Ohio
-$2K -146 Closed

HPS Hedge Fund Activity: Q4 2013 in Review

43 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2013, worth a combined $57.3M — down 1.6% from $58.2M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new HPS positions and 7 closed out — a net gain of 6 holders — while 8 added to existing stakes and 13 trimmed.

The largest buyer was Mariner Investment Group, opening a new position worth an estimated $1.86M. The largest seller was Guggenheim Capital, cutting an estimated $1.42M.

  • 43 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2013, up from 37 in Q3 2013.
  • Funds reported $57.3M of John Hancock Preferred Income Fund III stock for Q4 2013, down 1.6% quarter-over-quarter.
  • 13 funds opened new John Hancock Preferred Income Fund III positions in Q4 2013 and 7 closed out, a net change of +6 holders.
  • The largest John Hancock Preferred Income Fund III buyer in Q4 2013 was Mariner Investment Group, an estimated $1.86M added.
  • The largest John Hancock Preferred Income Fund III seller in Q4 2013 was Guggenheim Capital, an estimated $1.42M sold.

Based on aggregated 13F filings for Q4 2013.