John Hancock Preferred Income Fund III
HPS
42 hedge funds and large institutions have $59.1M invested in John Hancock Preferred Income Fund III in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
8% more capital invested
Capital invested by funds: $54.9M → $59.1M (+$4.2M)
2% more funds holding
Funds holding: 41 → 42 (+1)
0.18% more ownership
Funds ownership: 9.85% → 10.04% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.2M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.15M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$800K |
| 4 |
HK
Horizon Kinetics
New York
|
+$482K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$338K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.13M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$639K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$551K |
| 4 |
Millennium Management
New York
|
-$220K |
| 5 |
Morgan Stanley
New York
|
-$193K |
HPS Hedge Fund Activity: Q2 2018 in Review
42 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q2 2018, worth a combined $59.1M — up 7.7% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HPS positions and 4 closed out — a net gain of 2 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.2M. The largest seller was Guggenheim Capital, cutting an estimated $1.13M.
- 42 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q2 2018, up from 41 in Q1 2018.
- Funds reported $59.1M of John Hancock Preferred Income Fund III stock for Q2 2018, up 7.7% quarter-over-quarter.
- 6 funds opened new John Hancock Preferred Income Fund III positions in Q2 2018 and 4 closed out, a net change of +2 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q2 2018 was Cohen & Steers, an estimated $1.2M added.
- The largest John Hancock Preferred Income Fund III seller in Q2 2018 was Guggenheim Capital, an estimated $1.13M sold.
Based on aggregated 13F filings for Q2 2018.