John Hancock Preferred Income Fund III
HPS
48 hedge funds and large institutions have $52.4M invested in John Hancock Preferred Income Fund III in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
9% more funds holding
Funds holding: 44 → 48 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less ownership
Funds ownership: 10.47% → 10.47% (-0%)
0% less capital inflows, than outflows
Capital inflows: $4.08M | Capital outflows: $4.09M
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.12M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$784K |
| 3 |
Weiss Asset Management
Boston,
Massachusetts
|
+$377K |
| 4 |
Cohen & Steers
New York
|
+$288K |
| 5 |
Shaker Financial Services
Arlington,
Virginia
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.66M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$825K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$605K |
| 4 |
Burney Company
Reston,
Virginia
|
-$351K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$94.7K |
HPS Hedge Fund Activity: Q4 2018 in Review
48 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2018, worth a combined $52.4M — down 15% from $61.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HPS positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.12M. The largest seller was Invesco, cutting an estimated $1.66M.
- 48 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2018, up from 44 in Q3 2018.
- Funds reported $52.4M of John Hancock Preferred Income Fund III stock for Q4 2018, down 15% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund III positions in Q4 2018 and 4 closed out, a net change of +4 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q4 2018 was Morgan Stanley, an estimated $1.12M added.
- The largest John Hancock Preferred Income Fund III seller in Q4 2018 was Invesco, an estimated $1.66M sold.
Based on aggregated 13F filings for Q4 2018.