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HPS

John Hancock Preferred Income Fund III

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.

New
Increased
Maintained
Reduced
Closed

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: 4142 (+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: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 13

Holders
42
Holders Change
+1
Holders Change %
+2.44%
% of All Funds
0.96%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
13
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SAMC
1
Spectrum Asset Management (Connecticut)
Connecticut
$12M
Morgan Stanley
2
Morgan Stanley
New York
$10.1M -$193K -10,766 -2%
UBS Group
3
UBS Group
Switzerland
$9.49M +$4.95K +276 +0.1%
Invesco
4
Invesco
Georgia
$5.49M +$800K +44,557 +18%
Cohen & Steers
5
Cohen & Steers
New York
$3.96M +$1.2M +66,978 +46%
BC
6
Burney Company
Virginia
$2.49M -$12.4K -689 -0.5%
GC
7
Guggenheim Capital
Illinois
$2.39M -$1.13M -63,156 -33%
Bank of America
8
Bank of America
North Carolina
$1.83M -$639K -35,622 -27%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$1.55M -$132K -7,352 -8%
NL
10
NWAM LLC
Washington
$1.33M
CAN
11
Cetera Advisor Networks
California
$1.2M +$1.15M +64,222 New
Wells Fargo
12
Wells Fargo
California
$847K -$3.14K -175 -0.4%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$748K +$43.2K +2,405 +6%
CIA
14
Capital Investment Advisors
Georgia
$617K -$3.59K -200 -0.6%
HK
15
Horizon Kinetics
New York
$501K +$482K +26,868 New
RJFSA
16
Raymond James Financial Services Advisors
Florida
$456K +$13K +724 +3%
Ameriprise
17
Ameriprise
Minnesota
$420K +$30.3K +1,689 +8%
COLIM
18
City of London Investment Management
United Kingdom
$399K
ONB
19
Old National Bancorp
Indiana
$368K -$31.6K -1,760 -8%
LPL Financial
20
LPL Financial
California
$359K -$54.4K -3,033 -14%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$351K +$338K +18,851 New
SWP
22
Stratos Wealth Partners
Ohio
$350K +$20.9K +1,165 +7%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$288K
AAS
24
Annex Advisory Services
Wisconsin
$232K -$28.5K -1,590 -11%
AG
25
Advisor Group
Arizona
$232K -$14.4K -800 -6%

HPS Hedge Fund Activity: Q2 2018 in Review

42 of the 4,368 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.