John Hancock Preferred Income Fund III
HPS
58 hedge funds and large institutions have $60.6M invested in John Hancock Preferred Income Fund III in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.6% less ownership
Funds ownership: 10.77% → 10.17% (-0.6%)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
2% less funds holding
Funds holding: 59 → 58 (-1)
8% less capital invested
Capital invested by funds: $65.6M → $60.6M (-$5.01M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$223K |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$218K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$213K |
| 4 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$192K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.77M |
| 2 |
Morgan Stanley
New York
|
-$1.14M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$350K |
| 4 |
Jane Street
New York
|
-$311K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$249K |
HPS Hedge Fund Activity: Q3 2021 in Review
58 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2021, worth a combined $60.6M — down 7.6% from $65.6M a quarter earlier.
Fund positioning in HPS was balanced in Q3 2021: 5 funds opened new positions, 5 closed out, 17 added to existing stakes and 18 trimmed.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $223K. The largest seller was Cohen & Steers, cutting an estimated $1.77M.
- 58 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2021, down from 59 in Q2 2021.
- Funds reported $60.6M of John Hancock Preferred Income Fund III stock for Q3 2021, down 7.6% quarter-over-quarter.
- 5 funds opened new John Hancock Preferred Income Fund III positions in Q3 2021 and 5 closed out, a net change of 0 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q3 2021 was Cambridge Investment Research Advisors, an estimated $223K added.
- The largest John Hancock Preferred Income Fund III seller in Q3 2021 was Cohen & Steers, an estimated $1.77M sold.
Based on aggregated 13F filings for Q3 2021.