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HPS

John Hancock Preferred Income Fund III

42 hedge funds and large institutions have $70M invested in John Hancock Preferred Income Fund III in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

7% more capital invested

Capital invested by funds: $65.6M → $70M (+$4.42M)

2% more funds holding

Funds holding: 4142 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.06% less ownership

Funds ownership: 12.47%12.42% (-0.06%)

Holders
42
Holders Change
+1
Holders Change %
+2.44%
% of All Funds
1.1%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
16
Reduced
13
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SFS
26
Shaker Financial Services
Virginia
$206K -$476K -27,839 -71%
RCM
27
Robinson Capital Management
Michigan
$188K +$180K +10,500 New
AIG
28
American International Group
New York
$156K -$15.3K -897 -9%
IA
29
IFP Advisors
Florida
$148K +$142K +8,309 New
NSIM
30
North Star Investment Management
Illinois
$75K -$428 -25 -0.6%
NFG
31
Next Financial Group
Texas
$62K +$479 +28 +0.8%
CAPTRUST Financial Advisors
32
CAPTRUST Financial Advisors
North Carolina
$44K +$9.9K +579 +30%
Creative Planning
33
Creative Planning
Kansas
$14K
TFA
34
Transamerica Financial Advisors
Florida
$11K
IWMPD
35
Integrated Wealth Management (Palm Desert)
California
$7K
PCM
36
Penserra Capital Management
California
$7K +$6.26K +366 New
US Bancorp
37
US Bancorp
Minnesota
$6K
AIA
38
Allegis Investment Advisors
Idaho
$5K +$5.2K +304 New
Citigroup
39
Citigroup
New York
$1K -$205 -12 -16%
TRCT
40
Tower Research Capital (TRC)
New York
$1K +$684 +40 New
COLIM
41
City of London Investment Management
United Kingdom
-$1.77M -106,436 Closed
CRC
42
Curi RMB Capital
Illinois
-$892K -53,566 Closed
LCM
43
Landscape Capital Management
New Jersey
-$240K -14,414 Closed
CCP
44
Clough Capital Partners
Massachusetts
-$220K -13,200 Closed
WCM
45
Windsor Capital Management
Arizona
-$26K -1,600 Closed
BFEC
46
Benjamin F. Edwards & Company
Missouri
-$9K -550 Closed
PSI
47
Pinnacle Summer Investments
Virginia
+$4.09K +239 New

HPS Hedge Fund Activity: Q4 2015 in Review

42 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2015, worth a combined $70M — up 6.7% from $65.6M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new HPS positions and 6 closed out — a net gain of 1 holder — while 16 added to existing stakes and 13 trimmed.

The largest buyer was LPL Financial, adding an estimated $1.11M. The largest seller was City of London Investment Management, exiting entirely with an estimated $1.77M sold.

  • 42 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2015, up from 41 in Q3 2015.
  • Funds reported $70M of John Hancock Preferred Income Fund III stock for Q4 2015, up 6.7% quarter-over-quarter.
  • 7 funds opened new John Hancock Preferred Income Fund III positions in Q4 2015 and 6 closed out, a net change of +1 holder.
  • The largest John Hancock Preferred Income Fund III buyer in Q4 2015 was LPL Financial, an estimated $1.11M added.
  • The largest John Hancock Preferred Income Fund III seller in Q4 2015 was City of London Investment Management, an estimated $1.77M sold.

Based on aggregated 13F filings for Q4 2015.