John Hancock Preferred Income Fund III
HPS
61 hedge funds and large institutions have $61M invested in John Hancock Preferred Income Fund III in 2020 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
17% more funds holding
Funds holding: 52 → 61 (+9)
16% more capital invested
Capital invested by funds: $52.5M → $61M (+$8.48M)
0.7% more ownership
Funds ownership: 10.38% → 11.08% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$992K |
| 2 |
Citigroup
New York
|
+$791K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$784K |
| 4 |
Morgan Stanley
New York
|
+$735K |
| 5 |
Millennium Management
New York
|
+$637K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$589K |
| 2 |
BC
Burney Company
Reston,
Virginia
|
-$536K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$165K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$153K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$119K |
HPS Hedge Fund Activity: Q4 2020 in Review
61 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2020, worth a combined $61M — up 16% from $52.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new HPS positions and 4 closed out — a net gain of 10 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was CreativeOne Wealth, opening a new position worth an estimated $992K. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $589K sold.
- 61 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2020, up from 52 in Q3 2020.
- Funds reported $61M of John Hancock Preferred Income Fund III stock for Q4 2020, up 16% quarter-over-quarter.
- 14 funds opened new John Hancock Preferred Income Fund III positions in Q4 2020 and 4 closed out, a net change of +10 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q4 2020 was CreativeOne Wealth, an estimated $992K added.
- The largest John Hancock Preferred Income Fund III seller in Q4 2020 was J.W. Cole Advisors, an estimated $589K sold.
Based on aggregated 13F filings for Q4 2020.