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HPS

John Hancock Preferred Income Fund III

48 hedge funds and large institutions have $52.4M invested in John Hancock Preferred Income Fund III in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

7% more funds holding

Funds holding: 4548 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.05% less ownership

Funds ownership: 10.52%10.47% (-0.05%)

16% less capital invested

Capital invested by funds: $62.5M → $52.4M (-$10.1M)

47% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 19

Holders
48
Holders Change
+3
Holders Change %
+6.67%
% of All Funds
1.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
10
Reduced
19
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MML Investors Services
26
MML Investors Services
Massachusetts
$192K -$29.6K -1,707 -12%
SFS
27
Shaker Financial Services
Virginia
$190K +$208K +12,000 New
BAS
28
Brown Advisory Securities
Maryland
$185K -$9.82K -567 -5%
AAS
29
Annex Advisory Services
Wisconsin
$178K -$21.2K -1,225 -10%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$176K +$208 +12 +0.1%
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$161K -$2.74K -158 -2%
NFG
32
Next Financial Group
Texas
$158K +$89.9K +5,188 +109%
GWM
33
Geneos Wealth Management
Colorado
$49K
WCM
34
WealthBridge Capital Management
Ohio
$33K +$35.9K +2,074 New
SWM
35
SeaCrest Wealth Management
New York
$29K
APA
36
American Portfolios Advisors
New York
$26.1K +$295 +17 +1%
NSIM
37
North Star Investment Management
Illinois
$22K
FHA
38
Flagship Harbor Advisors
Massachusetts
$20K +$22.5K +1,300 New
AIC
39
Ameritas Investment Company
Nebraska
$18K +$19.3K +1,112 New
Citigroup
40
Citigroup
New York
$17K -$34.9K -2,012 -65%
POIA
41
Pin Oak Investment Advisors
Texas
$17K
CAC
42
Certified Advisory Corp
Florida
$16K
AF
43
Arrow Financial
New York
$14K +$15.2K +875 New
GRP
44
Global Retirement Partners
California
$12K
AF
45
Advisornet Financial
Minnesota
$8K
ASN
46
Advisory Services Network
Georgia
$6K +$6.07K +350 New
FDCDDQ
47
Federation des caisses Desjardins du Quebec
Quebec, Canada
$4.75K
FHB
48
First Hawaiian Bank
Hawaii
$3K
CWM
49
Cornerstone Wealth Management
Missouri
-$795K -14,811 Closed
SPIA
50
Steward Partners Investment Advisory
New York
-$71K -3,782 Closed

HPS Hedge Fund Activity: Q4 2018 in Review

48 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2018, worth a combined $52.4M — down 16% from $62.5M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new HPS positions and 5 closed out — a net gain of 3 holders — while 10 added to existing stakes and 19 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.12M. The largest seller was Invesco, cutting an estimated $1.66M.

  • 48 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2018, up from 45 in Q3 2018.
  • Funds reported $52.4M of John Hancock Preferred Income Fund III stock for Q4 2018, down 16% quarter-over-quarter.
  • 8 funds opened new John Hancock Preferred Income Fund III positions in Q4 2018 and 5 closed out, a net change of +3 holders.
  • The largest John Hancock Preferred Income Fund III buyer in Q4 2018 was Morgan Stanley, an estimated $1.12M added.
  • The largest John Hancock Preferred Income Fund III seller in Q4 2018 was Invesco, an estimated $1.66M sold.

Based on aggregated 13F filings for Q4 2018.