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HPS

John Hancock Preferred Income Fund III

39 hedge funds and large institutions have $71.8M invested in John Hancock Preferred Income Fund III in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 11

3% more capital invested

Capital invested by funds: $70M → $71.8M (+$1.83M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.34% less ownership

Funds ownership: 12.42%12.07% (-0.34%)

7% less funds holding

Funds holding: 4239 (-3)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
39
Holders Change
-3
Holders Change %
-7.14%
% of All Funds
1.04%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
13
Reduced
11
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GWM
26
Geneos Wealth Management
Colorado
$87K +$84.6K +4,658 New
NSIM
27
North Star Investment Management
Illinois
$69K -$10.1K -555 -13%
NFG
28
Next Financial Group
Texas
$66K +$490 +27 +0.8%
CAPTRUST Financial Advisors
29
CAPTRUST Financial Advisors
North Carolina
$57K +$9.71K +535 +22%
AF
30
Arrow Financial
New York
$50K +$48.6K +2,674 New
CAL
31
Capital Analysts LLC
Pennsylvania
$37.7K +$36.3K +2,000 New
Creative Planning
32
Creative Planning
Kansas
$21K +$5.45K +300 +38%
TFA
33
Transamerica Financial Advisors
Florida
$12K
IWMPD
34
Integrated Wealth Management (Palm Desert)
California
$8K
US Bancorp
35
US Bancorp
Minnesota
$6K
TRCT
36
Tower Research Capital (TRC)
New York
$2K +$999 +55 +138%
Citigroup
37
Citigroup
New York
$1K
PCM
38
Penserra Capital Management
California
$6 -$563 -31 -8%
CS
39
Credit Suisse
Switzerland
-$1.67M -93,592 Closed
PPA
40
Parametric Portfolio Associates
Washington
-$427K -23,892 Closed
BTS
41
BB&T Securities
Virginia
-$399K -22,359 Closed
WAM
42
Wolverine Asset Management
Illinois
-$346K -19,407 Closed
SG Americas Securities
43
SG Americas Securities
New York
-$207K -11,603 Closed
SFS
44
Shaker Financial Services
Virginia
-$206K -11,550 Closed
RCM
45
Robinson Capital Management
Michigan
-$188K -10,500 Closed
IA
46
IFP Advisors
Florida
-$148K -8,309 Closed
AIA
47
Allegis Investment Advisors
Idaho
-$5K -304 Closed

HPS Hedge Fund Activity: Q1 2016 in Review

39 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2016, worth a combined $71.8M — up 2.6% from $70M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of HPS and 7 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 13 added.

The largest buyer was UBS Group, adding an estimated $2.23M. The largest seller was Morgan Stanley, cutting an estimated $3.18M.

  • 39 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2016, down from 42 in Q4 2015.
  • Funds reported $71.8M of John Hancock Preferred Income Fund III stock for Q1 2016, up 2.6% quarter-over-quarter.
  • 7 funds opened new John Hancock Preferred Income Fund III positions in Q1 2016 and 9 closed out, a net change of -2 holders.
  • The largest John Hancock Preferred Income Fund III buyer in Q1 2016 was UBS Group, an estimated $2.23M added.
  • The largest John Hancock Preferred Income Fund III seller in Q1 2016 was Morgan Stanley, an estimated $3.18M sold.

Based on aggregated 13F filings for Q1 2016.