John Hancock Preferred Income Fund III
HPS
39 hedge funds and large institutions have $64.3M invested in John Hancock Preferred Income Fund III in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
8% more funds holding
Funds holding: 36 → 39 (+3)
0.77% more ownership
Funds ownership: 11.43% → 12.2% (+0.77%)
5% less capital invested
Capital invested by funds: $67.5M → $64.3M (-$3.19M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.33M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$725K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$704K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$626K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$284K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$193K |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$159K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$131K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$107K |
HPS Hedge Fund Activity: Q2 2015 in Review
39 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q2 2015, worth a combined $64.3M — down 4.7% from $67.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HPS positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $1.33M. The largest seller was Guggenheim Capital, cutting an estimated $284K.
- 39 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q2 2015, up from 36 in Q1 2015.
- Funds reported $64.3M of John Hancock Preferred Income Fund III stock for Q2 2015, down 4.7% quarter-over-quarter.
- 7 funds opened new John Hancock Preferred Income Fund III positions in Q2 2015 and 4 closed out, a net change of +3 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q2 2015 was City of London Investment Management, an estimated $1.33M added.
- The largest John Hancock Preferred Income Fund III seller in Q2 2015 was Guggenheim Capital, an estimated $284K sold.
Based on aggregated 13F filings for Q2 2015.