John Hancock Preferred Income Fund III
HPS
60 hedge funds and large institutions have $60.2M invested in John Hancock Preferred Income Fund III in 2026 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 8 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
0.06% less ownership
Funds ownership: 13.21% → 13.15% (-0.06%)
2% less capital invested
Capital invested by funds: $61.2M → $60.2M (-$1.01M)
6% less funds holding
Funds holding: 64 → 60 (-4)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$844K |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$469K |
| 3 |
Cohen & Steers
New York
|
+$463K |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$301K |
| 5 |
LPL Financial
San Diego,
California
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$874K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$784K |
| 3 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$419K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$327K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$261K |
HPS Hedge Fund Activity: Q1 2026 in Review
60 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2026, worth a combined $60.2M — down 1.6% from $61.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HPS and 7 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 19 added.
The largest buyer was UBS Group, adding an estimated $844K. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $874K sold.
- 60 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2026, down from 64 in Q4 2025.
- Funds reported $60.2M of John Hancock Preferred Income Fund III stock for Q1 2026, down 1.6% quarter-over-quarter.
- 7 funds opened new John Hancock Preferred Income Fund III positions in Q1 2026 and 8 closed out, a net change of -1 holder.
- The largest John Hancock Preferred Income Fund III buyer in Q1 2026 was UBS Group, an estimated $844K added.
- The largest John Hancock Preferred Income Fund III seller in Q1 2026 was J.W. Cole Advisors, an estimated $874K sold.
Based on aggregated 13F filings for Q1 2026.