John Hancock Preferred Income Fund III
HPS
72 hedge funds and large institutions have $60.5M invested in John Hancock Preferred Income Fund III in 2024 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
18% more funds holding
Funds holding: 61 → 72 (+11)
1.12% more ownership
Funds ownership: 11.44% → 12.57% (+1.1%)
4% less capital invested
Capital invested by funds: $63M → $60.5M (-$2.51M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.79M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.16M |
| 3 |
MG
Marex Group
London,
|
+$744K |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$739K |
| 5 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$649K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$918K |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$681K |
| 3 |
AWM
Activest Wealth Management
Aventure,
Florida
|
-$395K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$345K |
| 5 |
Morgan Stanley
New York
|
-$322K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GJWM
76
Gilliland Jeter Wealth Management
Little Rock,
Arkansas
| – | -$6.9K | -400 | Closed |
|
77
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$5.17K | -300 | Closed |
|
78
JP Morgan Chase
New York
| – | -$259 | -15 | Closed |
|
79
Fidelity Investments
Boston,
Massachusetts
| – | -$17 | -1 | Closed |
|
HPS Hedge Fund Activity: Q4 2024 in Review
72 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2024, worth a combined $60.5M — down 4% from $63M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HPS positions and 7 closed out — a net gain of 12 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.79M. The largest seller was Global Retirement Partners, cutting an estimated $918K.
- 72 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2024, up from 61 in Q3 2024.
- Funds reported $60.5M of John Hancock Preferred Income Fund III stock for Q4 2024, down 4% quarter-over-quarter.
- 19 funds opened new John Hancock Preferred Income Fund III positions in Q4 2024 and 7 closed out, a net change of +12 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q4 2024 was LPL Financial, an estimated $1.79M added.
- The largest John Hancock Preferred Income Fund III seller in Q4 2024 was Global Retirement Partners, an estimated $918K sold.
Based on aggregated 13F filings for Q4 2024.