John Hancock Preferred Income Fund III
HPS
45 hedge funds and large institutions have $62.5M invested in John Hancock Preferred Income Fund III in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
7% more funds holding
Funds holding: 42 → 45 (+3)
6% more capital invested
Capital invested by funds: $59.1M → $62.5M (+$3.4M)
0.48% more ownership
Funds ownership: 10.04% → 10.52% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.95M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$933K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$363K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$276K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$507K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$399K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$351K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$287K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$49.5K |
HPS Hedge Fund Activity: Q3 2018 in Review
45 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2018, worth a combined $62.5M — up 5.8% from $59.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HPS positions and 5 closed out — a net gain of 3 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.95M. The largest seller was Guggenheim Capital, cutting an estimated $507K.
- 45 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2018, up from 42 in Q2 2018.
- Funds reported $62.5M of John Hancock Preferred Income Fund III stock for Q3 2018, up 5.8% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund III positions in Q3 2018 and 5 closed out, a net change of +3 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q3 2018 was Cohen & Steers, an estimated $1.95M added.
- The largest John Hancock Preferred Income Fund III seller in Q3 2018 was Guggenheim Capital, an estimated $507K sold.
Based on aggregated 13F filings for Q3 2018.