John Hancock Preferred Income Fund III
HPS
53 hedge funds and large institutions have $50.5M invested in John Hancock Preferred Income Fund III in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 13 closing their positions.
9% more capital invested
Capital invested by funds: $46.1M → $50.5M (+$4.33M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.63% less ownership
Funds ownership: 10.79% → 10.16% (-0.63%)
10% less funds holding
Funds holding: 59 → 53 (-6)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$789K |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$609K |
| 3 |
LOPW
Live Oak Private Wealth
Wilmington,
North Carolina
|
+$584K |
| 4 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$312K |
| 5 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Anfield Capital Management
Irvine,
California
|
-$2.73M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$478K |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$424K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$331K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$306K |
HPS Hedge Fund Activity: Q2 2020 in Review
53 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q2 2020, worth a combined $50.5M — up 9.4% from $46.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HPS and 7 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $789K. The largest seller was Anfield Capital Management, exiting entirely with an estimated $2.73M sold.
- 53 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q2 2020, down from 59 in Q1 2020.
- Funds reported $50.5M of John Hancock Preferred Income Fund III stock for Q2 2020, up 9.4% quarter-over-quarter.
- 7 funds opened new John Hancock Preferred Income Fund III positions in Q2 2020 and 13 closed out, a net change of -6 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q2 2020 was Morgan Stanley, an estimated $789K added.
- The largest John Hancock Preferred Income Fund III seller in Q2 2020 was Anfield Capital Management, an estimated $2.73M sold.
Based on aggregated 13F filings for Q2 2020.