John Hancock Preferred Income Fund III
HPS
56 hedge funds and large institutions have $67.3M invested in John Hancock Preferred Income Fund III in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
12% more funds holding
Funds holding: 50 → 56 (+6)
9% more capital invested
Capital invested by funds: $61.5M → $67.3M (+$5.81M)
1.27% more ownership
Funds ownership: 9.72% → 11% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$739K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$730K |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$596K |
| 4 |
Millennium Management
New York
|
+$485K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$453K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$865K |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$804K |
| 3 |
Morgan Stanley
New York
|
-$500K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$341K |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$252K |
HPS Hedge Fund Activity: Q4 2019 in Review
56 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2019, worth a combined $67.3M — up 9.5% from $61.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HPS positions and 7 closed out — a net gain of 6 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Invesco, adding an estimated $739K. The largest seller was Cohen & Steers, cutting an estimated $865K.
- 56 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2019, up from 50 in Q3 2019.
- Funds reported $67.3M of John Hancock Preferred Income Fund III stock for Q4 2019, up 9.5% quarter-over-quarter.
- 13 funds opened new John Hancock Preferred Income Fund III positions in Q4 2019 and 7 closed out, a net change of +6 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q4 2019 was Invesco, an estimated $739K added.
- The largest John Hancock Preferred Income Fund III seller in Q4 2019 was Cohen & Steers, an estimated $865K sold.
Based on aggregated 13F filings for Q4 2019.