John Hancock Preferred Income Fund III
HPS
44 hedge funds and large institutions have $64.8M invested in John Hancock Preferred Income Fund III in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 10 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0% more funds holding
Funds holding: 44 → 44 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.16% less ownership
Funds ownership: 11.1% → 10.94% (-0.16%)
2% less capital invested
Capital invested by funds: $65.9M → $64.8M (-$1.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Burney Company
Reston,
Virginia
|
+$2.37M |
| 2 |
Cohen & Steers
New York
|
+$852K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$438K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$182K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.95M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.01M |
| 3 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$410K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$401K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$325K |
HPS Hedge Fund Activity: Q4 2017 in Review
44 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2017, worth a combined $64.8M — down 1.6% from $65.9M a quarter earlier.
Fund positioning in HPS was balanced in Q4 2017: 10 funds opened new positions, 10 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was Burney Company, opening a new position worth an estimated $2.37M. The largest seller was Morgan Stanley, cutting an estimated $1.95M.
- 44 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $64.8M of John Hancock Preferred Income Fund III stock for Q4 2017, down 1.6% quarter-over-quarter.
- 10 funds opened new John Hancock Preferred Income Fund III positions in Q4 2017 and 10 closed out, a net change of 0 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q4 2017 was Burney Company, an estimated $2.37M added.
- The largest John Hancock Preferred Income Fund III seller in Q4 2017 was Morgan Stanley, an estimated $1.95M sold.
Based on aggregated 13F filings for Q4 2017.