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HPS

John Hancock Preferred Income Fund III

50 hedge funds and large institutions have $61.5M invested in John Hancock Preferred Income Fund III in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

82% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 11

9% more funds holding

Funds holding: 4650 (+4)

0% more capital invested

Capital invested by funds: $61.3M → $61.5M (+$122K)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.32% less ownership

Funds ownership: 10.05%9.72% (-0.32%)

Holders
50
Holders Change
+4
Holders Change %
+8.7%
% of All Funds
1.1%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
20
Reduced
11
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BAS
26
Brown Advisory Securities
Maryland
$268K -$30.6K -1,583 -11%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$224K +$213 +11 +0.1%
CFGS
28
Concourse Financial Group Securities
Alabama
$216K +$6.21K +321 +3%
Citigroup
29
Citigroup
New York
$125K +$406 +21 +0.3%
NFG
30
Next Financial Group
Texas
$105K +$1.39K +72 +1%
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$94K
SPIA
32
Steward Partners Investment Advisory
New York
$70K
GWM
33
Geneos Wealth Management
Colorado
$62K
Bessemer Group
34
Bessemer Group
New Jersey
$54K +$52.1K +2,691 New
APA
35
American Portfolios Advisors
New York
$52K +$348 +18 +0.7%
JPLA
36
Joseph P. Lucia & Associates
New York
$37K -$967 -50 -3%
Fifth Third Bancorp
37
Fifth Third Bancorp
Ohio
$30K +$29K +1,500 New
NSIM
38
North Star Investment Management
Illinois
$27K +$26.5K +1,370 New
RIA
39
Realta Investment Advisors
Delaware
$18K
GRP
40
Global Retirement Partners
California
$15K
Northwestern Mutual Wealth Management
41
Northwestern Mutual Wealth Management
Wisconsin
$14K +$9.67K +500 +243%
FHA
42
Flagship Harbor Advisors
Massachusetts
$13K
CAN
43
Claraphi Advisory Network
United States
$12K +$11.7K +606 New
AIC
44
Ameritas Investment Company
Nebraska
$11K +$10.6K +549 New
AF
45
Advisornet Financial
Minnesota
$10K
FDCDDQ
46
Federation des caisses Desjardins du Quebec
Quebec, Canada
$6K
EIP
47
Ellis Investment Partners
Pennsylvania
$5K +$97 +5 +2%
FANJ
48
Financial Architects (New Jersey)
New Jersey
$4K
TRCT
49
Tower Research Capital (TRC)
New York
$2K +$2.21K +114 New
MAFM
50
Mid Atlantic Financial Management
Pennsylvania
-$931K -48,169 Closed

HPS Hedge Fund Activity: Q3 2019 in Review

50 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2019, worth a combined $61.5M — up 0.2% from $61.3M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new HPS positions and 3 closed out — a net gain of 4 holders — while 20 added to existing stakes and 11 trimmed.

The largest buyer was Western Wealth Management, opening a new position worth an estimated $777K. The largest seller was Cohen & Steers, cutting an estimated $2.15M.

  • 50 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2019, up from 46 in Q2 2019.
  • Funds reported $61.5M of John Hancock Preferred Income Fund III stock for Q3 2019, up 0.2% quarter-over-quarter.
  • 7 funds opened new John Hancock Preferred Income Fund III positions in Q3 2019 and 3 closed out, a net change of +4 holders.
  • The largest John Hancock Preferred Income Fund III buyer in Q3 2019 was Western Wealth Management, an estimated $777K added.
  • The largest John Hancock Preferred Income Fund III seller in Q3 2019 was Cohen & Steers, an estimated $2.15M sold.

Based on aggregated 13F filings for Q3 2019.