John Hancock Preferred Income Fund III
HPS
52 hedge funds and large institutions have $52.5M invested in John Hancock Preferred Income Fund III in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 9 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $50.5M → $52.5M (+$2.04M)
0.22% more ownership
Funds ownership: 10.16% → 10.38% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 53 → 52 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.31M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$601K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$432K |
| 4 |
Cohen & Steers
New York
|
+$403K |
| 5 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$632K |
| 2 |
BC
Burney Company
Reston,
Virginia
|
-$528K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$257K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$241K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EIP
51
Ellis Investment Partners
Berwyn,
Pennsylvania
| $4K | +$98 | +6 | +2% |
|
52
Barclays
London,
United Kingdom
| $2K | +$1.51K | +93 | New |
|
|
53
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$632K | -40,300 | Closed |
|
|
54
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$257K | -16,408 | Closed |
|
|
IFG
55
Independent Financial Group
San Diego,
California
| – | -$184K | -11,708 | Closed |
|
56
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$23K | -1,472 | Closed |
|
|
PA
57
Parallel Advisors
San Francisco,
California
| – | -$15K | -1,000 | Closed |
|
|
JPLA
58
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$13K | -850 | Closed |
|
|
PAG
59
Private Advisor Group
Morristown,
New Jersey
| – | -$9K | -600 | Closed |
|
|
BFIM
60
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$5K | -334 | Closed |
|
|
CFGS
61
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$3.1K | -190 | Closed |
|
HPS Hedge Fund Activity: Q3 2020 in Review
52 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2020, worth a combined $52.5M — up 4% from $50.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HPS and 8 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 16 added.
The largest buyer was Ameriprise, adding an estimated $1.31M. The largest seller was Thrivent Financial for Lutherans, exiting entirely with an estimated $632K sold.
- 52 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2020, down from 53 in Q2 2020.
- Funds reported $52.5M of John Hancock Preferred Income Fund III stock for Q3 2020, up 4% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund III positions in Q3 2020 and 9 closed out, a net change of -1 holder.
- The largest John Hancock Preferred Income Fund III buyer in Q3 2020 was Ameriprise, an estimated $1.31M added.
- The largest John Hancock Preferred Income Fund III seller in Q3 2020 was Thrivent Financial for Lutherans, an estimated $632K sold.
Based on aggregated 13F filings for Q3 2020.