John Hancock Preferred Income Fund III
HPS
44 hedge funds and large institutions have $65.9M invested in John Hancock Preferred Income Fund III in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 8 closing their positions.
0% more funds holding
Funds holding: 44 → 44 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.13% less ownership
Funds ownership: 11.23% → 11.1% (-0.13%)
3% less capital invested
Capital invested by funds: $67.9M → $65.9M (-$2M)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.01M |
| 2 |
Cohen & Steers
New York
|
+$833K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$575K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$575K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.79M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$808K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$808K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$516K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$352K |
HPS Hedge Fund Activity: Q3 2017 in Review
44 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2017, worth a combined $65.9M — down 2.9% from $67.9M a quarter earlier.
Fund positioning in HPS was balanced in Q3 2017: 8 funds opened new positions, 8 closed out, 10 added to existing stakes and 17 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.01M. The largest seller was Bank of America, cutting an estimated $1.79M.
- 44 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $65.9M of John Hancock Preferred Income Fund III stock for Q3 2017, down 2.9% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund III positions in Q3 2017 and 8 closed out, a net change of 0 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q3 2017 was Laurion Capital Management, an estimated $1.01M added.
- The largest John Hancock Preferred Income Fund III seller in Q3 2017 was Bank of America, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2017.