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HPS

John Hancock Preferred Income Fund III

41 hedge funds and large institutions have $61.1M invested in John Hancock Preferred Income Fund III in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 9

0.09% more ownership

Funds ownership: 10.97%11.06% (+0.09%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $62M → $61.1M (-$881K)

2% less funds holding

Funds holding: 4241 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
41
Holders Change
-1
Holders Change %
-2.38%
% of All Funds
1.19%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
14
Reduced
9
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
26
US Bancorp
Minnesota
$80K
Creative Planning
27
Creative Planning
Kansas
$60K +$40.4K +2,300 +209%
NFG
28
Next Financial Group
Texas
$54K +$30.1K +1,716 +125%
BFEC
29
Benjamin F. Edwards & Company
Missouri
$53K +$14.9K +850 +39%
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$47K -$11.2K -640 -19%
FNBT
31
FineMark National Bank & Trust
Florida
$42K
FAM
32
Formidable Asset Management
Ohio
$31K
NSIM
33
North Star Investment Management
Illinois
$24K
ST
34
Somerset Trust
Pennsylvania
$16K
RIA
35
Regal Investment Advisors
Michigan
$9K
MAA
36
Managed Account Advisors
New Jersey
$9K +$8.78K +500 New
MFS
37
MSI Financial Services
Massachusetts
$7K
TFA
38
Transamerica Financial Advisors
Florida
$6K
NES
39
New England Securities
New York
$2K
Citigroup
40
Citigroup
New York
$2K +$2.25K +128 New
MIG
41
Mariner Investment Group
New York
-$3.06M -170,963 Closed
BRWA
42
B. Riley Wealth Advisors
Florida
-$74.3K -4,146 Closed
CAPTRUST Financial Advisors
43
CAPTRUST Financial Advisors
North Carolina
-$29K -1,630 Closed
FANJ
44
Financial Architects (New Jersey)
New Jersey
-$27K -1,500 Closed
CTC
45
Central Trust Company
Missouri
-$9K -500 Closed

HPS Hedge Fund Activity: Q3 2014 in Review

41 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2014, worth a combined $61.1M — down 1.4% from $62M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HPS and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.

The largest buyer was Newgate Capital Management, opening a new position worth an estimated $2.38M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $3.06M sold.

  • 41 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2014, down from 42 in Q2 2014.
  • Funds reported $61.1M of John Hancock Preferred Income Fund III stock for Q3 2014, down 1.4% quarter-over-quarter.
  • 4 funds opened new John Hancock Preferred Income Fund III positions in Q3 2014 and 5 closed out, a net change of -1 holder.
  • The largest John Hancock Preferred Income Fund III buyer in Q3 2014 was Newgate Capital Management, an estimated $2.38M added.
  • The largest John Hancock Preferred Income Fund III seller in Q3 2014 was Mariner Investment Group, an estimated $3.06M sold.

Based on aggregated 13F filings for Q3 2014.