John Hancock Preferred Income Fund III
HPS
36 hedge funds and large institutions have $67.5M invested in John Hancock Preferred Income Fund III in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 6 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
5% more capital invested
Capital invested by funds: $64.5M → $67.5M (+$3.01M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 11.44% → 11.43% (-0.01%)
12% less funds holding
Funds holding: 41 → 36 (-5)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$770K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$517K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$373K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$287K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.43M |
| 2 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$266K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$149K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$149K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$102K |
HPS Hedge Fund Activity: Q1 2015 in Review
36 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2015, worth a combined $67.5M — up 4.7% from $64.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HPS and 2 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $770K. The largest seller was Guggenheim Capital, cutting an estimated $2.43M.
- 36 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2015, down from 41 in Q4 2014.
- Funds reported $67.5M of John Hancock Preferred Income Fund III stock for Q1 2015, up 4.7% quarter-over-quarter.
- 2 funds opened new John Hancock Preferred Income Fund III positions in Q1 2015 and 6 closed out, a net change of -4 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q1 2015 was Morgan Stanley, an estimated $770K added.
- The largest John Hancock Preferred Income Fund III seller in Q1 2015 was Guggenheim Capital, an estimated $2.43M sold.
Based on aggregated 13F filings for Q1 2015.