John Hancock Preferred Income Fund III
HPS
60 hedge funds and large institutions have $58M invested in John Hancock Preferred Income Fund III in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 13 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.48% less ownership
Funds ownership: 12.57% → 12.09% (-0.48%)
4% less capital invested
Capital invested by funds: $60.5M → $58M (-$2.42M)
17% less funds holding
Funds holding: 72 → 60 (-12)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.37M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$849K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$739K |
| 4 |
LPL Financial
San Diego,
California
|
+$603K |
| 5 |
Morgan Stanley
New York
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.42M |
| 2 |
MG
Marex Group
London,
|
-$703K |
| 3 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$457K |
| 4 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$427K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$399K |
HPS Hedge Fund Activity: Q1 2025 in Review
60 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2025, worth a combined $58M — down 4% from $60.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HPS and 5 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 16 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.37M. The largest seller was Ameriprise, cutting an estimated $2.42M.
- 60 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2025, down from 72 in Q4 2024.
- Funds reported $58M of John Hancock Preferred Income Fund III stock for Q1 2025, down 4% quarter-over-quarter.
- 5 funds opened new John Hancock Preferred Income Fund III positions in Q1 2025 and 13 closed out, a net change of -8 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q1 2025 was Guggenheim Capital, an estimated $1.37M added.
- The largest John Hancock Preferred Income Fund III seller in Q1 2025 was Ameriprise, an estimated $2.42M sold.
Based on aggregated 13F filings for Q1 2025.