John Hancock Preferred Income Fund III
HPS
66 hedge funds and large institutions have $44.5M invested in John Hancock Preferred Income Fund III in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
5% more funds holding
Funds holding: 63 → 66 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 10.62% → 10.51% (-0.11%)
6% less capital invested
Capital invested by funds: $47.3M → $44.5M (-$2.79M)
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$358K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$222K |
| 3 |
CT
Cambridge Trust
Cambridge,
Massachusetts
|
+$160K |
| 4 |
Jane Street
New York
|
+$150K |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$278K |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$165K |
| 3 |
Rockefeller Capital Management
New York
|
-$147K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$142K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$123K |
HPS Hedge Fund Activity: Q3 2023 in Review
66 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2023, worth a combined $44.5M — down 5.9% from $47.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HPS positions and 5 closed out — a net gain of 3 holders — while 12 added to existing stakes and 20 trimmed.
The largest buyer was Cetera Advisor Networks, adding an estimated $358K. The largest seller was Ameriprise, cutting an estimated $278K.
- 66 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2023, up from 63 in Q2 2023.
- Funds reported $44.5M of John Hancock Preferred Income Fund III stock for Q3 2023, down 5.9% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund III positions in Q3 2023 and 5 closed out, a net change of +3 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q3 2023 was Cetera Advisor Networks, an estimated $358K added.
- The largest John Hancock Preferred Income Fund III seller in Q3 2023 was Ameriprise, an estimated $278K sold.
Based on aggregated 13F filings for Q3 2023.