John Hancock Preferred Income Fund III
HPS
37 hedge funds and large institutions have $74.3M invested in John Hancock Preferred Income Fund III in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 7 closing their positions.
3% more capital invested
Capital invested by funds: $71.8M → $74.3M (+$2.48M)
0.29% less ownership
Funds ownership: 12.07% → 11.78% (-0.29%)
5% less funds holding
Funds holding: 39 → 37 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$963K |
| 2 |
Morgan Stanley
New York
|
+$956K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$547K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
+$212K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.65M |
| 2 |
LPL Financial
San Diego,
California
|
-$865K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$358K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$292K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$285K |
HPS Hedge Fund Activity: Q2 2016 in Review
37 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q2 2016, worth a combined $74.3M — up 3.5% from $71.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HPS and 5 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was UBS Group, adding an estimated $963K. The largest seller was Invesco, cutting an estimated $1.65M.
- 37 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q2 2016, down from 39 in Q1 2016.
- Funds reported $74.3M of John Hancock Preferred Income Fund III stock for Q2 2016, up 3.5% quarter-over-quarter.
- 5 funds opened new John Hancock Preferred Income Fund III positions in Q2 2016 and 7 closed out, a net change of -2 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q2 2016 was UBS Group, an estimated $963K added.
- The largest John Hancock Preferred Income Fund III seller in Q2 2016 was Invesco, an estimated $1.65M sold.
Based on aggregated 13F filings for Q2 2016.