John Hancock Preferred Income Fund III
HPS
58 hedge funds and large institutions have $47.2M invested in John Hancock Preferred Income Fund III in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 56 → 58 (+2)
0.21% more ownership
Funds ownership: 9.72% → 9.92% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $48.6M → $47.2M (-$1.44M)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$749K |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
+$321K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$262K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
+$245K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$542K |
| 2 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
-$188K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$91.2K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$87.4K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$52.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $9K | -$87.4K | -5,447 | -89% |
|
|
BBHC
52
Brown Brothers Harriman & Co
New York
| $9K | – | – | – |
|
|
ECM
53
Estabrook Capital Management
New York
| $7.63K | – | – | – |
|
|
FDCDDQ
54
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $4.5K | – | – | – |
|
|
BCWM
55
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $4.5K | +$4.82K | +300 | New |
|
56
National Bank of Canada
Montreal,
Quebec, Canada
| $4K | – | – | – |
|
|
BC
57
Bartlett & Co
Cincinnati,
Ohio
| $4K | +$4.82K | +300 | New |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | -$6.45K | -402 | -85% |
|
|
TPWM
59
Twelve Points Wealth Management
Concord,
Massachusetts
| – | -$188K | -11,890 | Closed |
|
|
AIP
60
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$17K | -1,100 | Closed |
|
|
JPLA
61
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$6K | -400 | Closed |
|
|
CP
62
Castleview Partners
Dallas,
Texas
| – | -$6.55K | -241 | Closed |
|
HPS Hedge Fund Activity: Q3 2022 in Review
58 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2022, worth a combined $47.2M — down 3% from $48.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HPS positions and 4 closed out — a net gain of 2 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Sowell Financial Services, opening a new position worth an estimated $749K. The largest seller was Cohen & Steers, cutting an estimated $542K.
- 58 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2022, up from 56 in Q2 2022.
- Funds reported $47.2M of John Hancock Preferred Income Fund III stock for Q3 2022, down 3% quarter-over-quarter.
- 6 funds opened new John Hancock Preferred Income Fund III positions in Q3 2022 and 4 closed out, a net change of +2 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q3 2022 was Sowell Financial Services, an estimated $749K added.
- The largest John Hancock Preferred Income Fund III seller in Q3 2022 was Cohen & Steers, an estimated $542K sold.
Based on aggregated 13F filings for Q3 2022.