John Hancock Preferred Income Fund III
HPS
58 hedge funds and large institutions have $47.1M invested in John Hancock Preferred Income Fund III in 2021 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
0% more funds holding
Funds holding: 58 → 58 (0)
1.45% less ownership
Funds ownership: 10.17% → 8.72% (-1.5%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
22% less capital invested
Capital invested by funds: $60.6M → $47.1M (-$13.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$390K |
| 2 |
NA
Nottingham Advisors
Amherst,
New York
|
+$298K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$234K |
| 4 |
IIC
Ironwood Investment Counsel
Scottsdale,
Arizona
|
+$191K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$896K |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$217K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$208K |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$194K |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$187K |
HPS Hedge Fund Activity: Q4 2021 in Review
58 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2021, worth a combined $47.1M — down 22% from $60.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HPS positions and 8 closed out — a net gain of 2 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was LPL Financial, adding an estimated $390K. The largest seller was Invesco, cutting an estimated $896K.
- 58 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2021, unchanged from Q3 2021.
- Funds reported $47.1M of John Hancock Preferred Income Fund III stock for Q4 2021, down 22% quarter-over-quarter.
- 10 funds opened new John Hancock Preferred Income Fund III positions in Q4 2021 and 8 closed out, a net change of +2 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q4 2021 was LPL Financial, an estimated $390K added.
- The largest John Hancock Preferred Income Fund III seller in Q4 2021 was Invesco, an estimated $896K sold.
Based on aggregated 13F filings for Q4 2021.