John Hancock Preferred Income Fund III
HPS
62 hedge funds and large institutions have $66.7M invested in John Hancock Preferred Income Fund III in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 6 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
9% more capital invested
Capital invested by funds: $61M → $66.7M (+$5.76M)
2% more funds holding
Funds holding: 61 → 62 (+1)
0.48% more ownership
Funds ownership: 11.08% → 11.56% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.36M |
| 2 |
Cohen & Steers
New York
|
+$1.12M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$708K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$647K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$795K |
| 2 |
Millennium Management
New York
|
-$664K |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$476K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$380K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$356K |
HPS Hedge Fund Activity: Q1 2021 in Review
62 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2021, worth a combined $66.7M — up 9.4% from $61M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HPS positions and 6 closed out — a net gain of 1 holder — while 20 added to existing stakes and 17 trimmed.
The largest buyer was UBS Group, adding an estimated $1.36M. The largest seller was Citigroup, cutting an estimated $795K.
- 62 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2021, up from 61 in Q4 2020.
- Funds reported $66.7M of John Hancock Preferred Income Fund III stock for Q1 2021, up 9.4% quarter-over-quarter.
- 7 funds opened new John Hancock Preferred Income Fund III positions in Q1 2021 and 6 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund III buyer in Q1 2021 was UBS Group, an estimated $1.36M added.
- The largest John Hancock Preferred Income Fund III seller in Q1 2021 was Citigroup, an estimated $795K sold.
Based on aggregated 13F filings for Q1 2021.