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HPS

John Hancock Preferred Income Fund III
HPS

62 hedge funds and large institutions have $54.1M invested in John Hancock Preferred Income Fund III in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

1.87% less ownership

Funds ownership: 12.85% → 10.98% (-1.9%)

7% less capital invested

Capital invested by funds: $58M → $54.1M (-$3.94M)

9% less funds holding

Funds holding: 68 → 62 (-6)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
62
Holders Change
-6
Holders Change %
-8.82%
% of All Funds
0.89%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
16
Reduced
13
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$1.87M
2
UBS Group
UBS Group
Switzerland
+$1.28M
3
AWM
Activest Wealth Management
Florida
+$296K
4
CA
Cetera Advisors
Colorado
+$192K
5
Ameriprise
Ameriprise
Minnesota
+$181K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$9.21M
2
LCM
Landscape Capital Management
New Jersey
-$783K
3
SFS
Shaker Financial Services
Virginia
-$674K
4
WWM
Western Wealth Management
Colorado
-$516K
5
Invesco
Invesco
Georgia
-$504K
Name Holding Trade Value Shares
Change 		Change in
Stake
GWSG
51
GPS Wealth Strategies Group
Colorado
$8.09K – – –
ECM
52
Estabrook Capital Management
New York
$7.85K – – –
Northwestern Mutual Wealth Management
53
Northwestern Mutual Wealth Management
Wisconsin
$7.71K – – –
GJWM
54
Gilliland Jeter Wealth Management
Arkansas
$6.17K +$5.94K +400 New
FDCDDQ
55
Federation des caisses Desjardins du Quebec
Quebec, Canada
$4.63K – – –
National Bank of Canada
56
National Bank of Canada
Quebec, Canada
$4.61K – – –
TWC
57
TD Waterhouse Canada
Ontario, Canada
$3.07K – – –
GJIA
58
Glass Jacobson Investment Advisors
Maryland
$2.31K – – –
PNC Financial Services Group
59
PNC Financial Services Group
Pennsylvania
$1.09K – – –
NSIM
60
North Star Investment Management
Illinois
$1.08K – – –
FFA
61
Farther Finance Advisors
California
$115 – – –
Fidelity Investments
62
Fidelity Investments
Massachusetts
$15 +$15 +1 New
LCM
63
Landscape Capital Management
New Jersey
– -$783K -55,357 Closed
SFS
64
Shaker Financial Services
Virginia
– -$674K -47,653 Closed
WWM
65
Western Wealth Management
Colorado
– -$516K -36,459 Closed
JP Morgan Chase
66
JP Morgan Chase
New York
– -$376K -26,615 Closed
CT
67
Cambridge Trust
Massachusetts
– -$163K -11,500 Closed
Stifel Financial
68
Stifel Financial
Missouri
– -$150K -10,586 Closed
SCA
69
Snowden Capital Advisors
New York
– -$144K -10,161 Closed
EC
70
Elequin Capital
New York
– -$102K -7,191 Closed
TC
71
Truvestments Capital
Florida
– -$26.9K -1,900 Closed
PWA
72
Provenance Wealth Advisors
Florida
– -$8.67K -613 Closed
US Bancorp
73
US Bancorp
Minnesota
– -$7.01K -496 Closed
BBHC
74
Brown Brothers Harriman & Co
New York
– -$2.48K -175 Closed
CIA
75
Cape Investment Advisory
Georgia
– -$113 -8 Closed
1 2
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HPS Hedge Fund Activity: Q1 2024 in Review

62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2024, worth a combined $54.1M — down 6.8% from $58M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of HPS and 8 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 16 added.

The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $1.87M. The largest seller was Morgan Stanley, cutting an estimated $9.21M.

  • 62 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2024, down from 68 in Q4 2023.
  • Funds reported $54.1M of John Hancock Preferred Income Fund III stock for Q1 2024, down 6.8% quarter-over-quarter.
  • 8 funds opened new John Hancock Preferred Income Fund III positions in Q1 2024 and 13 closed out, a net change of -5 holders.
  • The largest John Hancock Preferred Income Fund III buyer in Q1 2024 was Cetera Investment Advisers, an estimated $1.87M added.
  • The largest John Hancock Preferred Income Fund III seller in Q1 2024 was Morgan Stanley, an estimated $9.21M sold.

Based on aggregated 13F filings for Q1 2024.