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HPS

John Hancock Preferred Income Fund III

44 hedge funds and large institutions have $67.9M invested in John Hancock Preferred Income Fund III in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

7% more funds holding

Funds holding: 4144 (+3)

7% more capital invested

Capital invested by funds: $63.6M → $67.9M (+$4.26M)

0.31% more ownership

Funds ownership: 10.92%11.23% (+0.31%)

Holders
44
Holders Change
+3
Holders Change %
+7.32%
% of All Funds
1.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
16
Reduced
13
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AG
26
Advisor Group
Arizona
$251K +$34K +1,800 +16%
BAS
27
Brown Advisory Securities
Maryland
$246K +$491 +26 +0.2%
SI
28
SII Investments
Wisconsin
$235K +$19.5K +1,035 +9%
HighTower Advisors
29
HighTower Advisors
Illinois
$228K +$232K +12,293 New
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$169K +$30.3K +1,603 +22%
GWM
31
Geneos Wealth Management
Colorado
$89K
NFG
32
Next Financial Group
Texas
$73K +$774 +41 +1%
Creative Planning
33
Creative Planning
Kansas
$57K
PA
34
Parallel Advisors
California
$56K
NSIM
35
North Star Investment Management
Illinois
$40K
GRP
36
Global Retirement Partners
California
$15K
Northwestern Mutual Wealth Management
37
Northwestern Mutual Wealth Management
Wisconsin
$14K
PCM
38
Penserra Capital Management
California
$9K +$831 +44 +10%
TRCT
39
Tower Research Capital (TRC)
New York
$8K +$7.55K +400 New
PFGIA
40
Patriot Financial Group Insurance Agency
Massachusetts
$3K +$2.83K +150 New
UBS AM
41
UBS AM
Illinois
$19 +$19 +1 New
IWM
42
IHT Wealth Management
Illinois
$6 +$49.5K +2,622 +262%
RCM
43
Robinson Capital Management
Michigan
-$1.2M -64,867 Closed
SFS
44
Shaker Financial Services
Virginia
-$643K -34,853 Closed
Citigroup
45
Citigroup
New York
-$1.17K -62 -84%

HPS Hedge Fund Activity: Q2 2017 in Review

44 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q2 2017, worth a combined $67.9M — up 6.7% from $63.6M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new HPS positions and 2 closed out — a net gain of 3 holders — while 16 added to existing stakes and 13 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $3.83M. The largest seller was LPL Financial, cutting an estimated $1.25M.

  • 44 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q2 2017, up from 41 in Q1 2017.
  • Funds reported $67.9M of John Hancock Preferred Income Fund III stock for Q2 2017, up 6.7% quarter-over-quarter.
  • 5 funds opened new John Hancock Preferred Income Fund III positions in Q2 2017 and 2 closed out, a net change of +3 holders.
  • The largest John Hancock Preferred Income Fund III buyer in Q2 2017 was Royal Bank of Canada, an estimated $3.83M added.
  • The largest John Hancock Preferred Income Fund III seller in Q2 2017 was LPL Financial, an estimated $1.25M sold.

Based on aggregated 13F filings for Q2 2017.