John Hancock Preferred Income Fund III

HPS

Market cap $461M

HPS Hedge Fund Activity: Q1 2026 in Review

60 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2026, worth a combined $60.2M — down 1.6% from $61.2M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of HPS and 7 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 19 added.

The largest buyer was UBS Group, adding an estimated $844K. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $874K sold.

• 60 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2026, down from 64 in Q4 2025.
• Funds reported $60.2M of John Hancock Preferred Income Fund III stock for Q1 2026, down 1.6% quarter-over-quarter.
• 7 funds opened new John Hancock Preferred Income Fund III positions in Q1 2026 and 8 closed out, a net change of -1 holder.
• The largest John Hancock Preferred Income Fund III buyer in Q1 2026 was UBS Group, an estimated $844K added.
• The largest John Hancock Preferred Income Fund III seller in Q1 2026 was J.W. Cole Advisors, an estimated $874K sold.

Based on aggregated 13F filings for Q1 2026.