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HPS

John Hancock Preferred Income Fund III

60 hedge funds and large institutions have $55.4M invested in John Hancock Preferred Income Fund III in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

18% more capital invested

Capital invested by funds: $47.1M → $55.4M (+$8.27M)

3% more funds holding

Funds holding: 5860 (+2)

1% more ownership

Funds ownership: 8.72%9.73% (+1%)

Holders
60
Holders Change
+2
Holders Change %
+3.45%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
17
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HighTower Advisors
26
HighTower Advisors
Illinois
$305K +$6.54K +374 +2%
CAN
27
Cetera Advisor Networks
California
$285K +$277K +15,880 New
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$269K +$40.2K +2,300 +18%
NA
29
NewEdge Advisors
Louisiana
$259K +$38.1K +2,180 +18%
GC
30
Guggenheim Capital
Illinois
$237K -$185K -10,584 -45%
APA
31
American Portfolios Advisors
New York
$233K +$1.75K +100 +0.8%
TPWM
32
Twelve Points Wealth Management
Massachusetts
$218K -$75.7K -4,334 -26%
SPC
33
Sigma Planning Corp
Michigan
$215K +$28.1K +1,610 +16%
ONB
34
Old National Bancorp
Indiana
$209K
AWS
35
Atria Wealth Solutions
New York
$203K +$198K +11,329 New
Rockefeller Capital Management
36
Rockefeller Capital Management
New York
$118K
GWM
37
Geneos Wealth Management
Colorado
$109K
Northwestern Mutual Wealth Management
38
Northwestern Mutual Wealth Management
Wisconsin
$58K
SPIA
39
Steward Partners Investment Advisory
New York
$54K
IA
40
IFP Advisors
Florida
$45K +$42.8K +2,450 New
AF
41
Allworth Financial
California
$36K
HA
42
Herold Advisors
New York
$35.7K +$34.7K +1,986 New
CFGS
43
Concourse Financial Group Securities
Alabama
$34K
KFI
44
Key Financial Inc
Pennsylvania
$31K +$6.55K +375 +28%
CBT
45
CoreFirst Bank & Trust
Kansas
$27K
NSIM
46
North Star Investment Management
Illinois
$25K
AA
47
Addison Advisors
Vermont
$18K
Deutsche Bank
48
Deutsche Bank
Germany
$18K
GRP
49
Global Retirement Partners
California
$13K +$13.3K +764 New
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
$12K

HPS Hedge Fund Activity: Q1 2022 in Review

60 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2022, worth a combined $55.4M — up 18% from $47.1M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new HPS positions and 7 closed out — a net gain of 3 holders — while 17 added to existing stakes and 11 trimmed.

The largest buyer was Western Wealth Management, opening a new position worth an estimated $733K. The largest seller was Castleview Partners, cutting an estimated $4.17M.

  • 60 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2022, up from 58 in Q4 2021.
  • Funds reported $55.4M of John Hancock Preferred Income Fund III stock for Q1 2022, up 18% quarter-over-quarter.
  • 10 funds opened new John Hancock Preferred Income Fund III positions in Q1 2022 and 7 closed out, a net change of +3 holders.
  • The largest John Hancock Preferred Income Fund III buyer in Q1 2022 was Western Wealth Management, an estimated $733K added.
  • The largest John Hancock Preferred Income Fund III seller in Q1 2022 was Castleview Partners, an estimated $4.17M sold.

Based on aggregated 13F filings for Q1 2022.