John Hancock Preferred Income Fund III
HPS
57 hedge funds and large institutions have $47.1M invested in John Hancock Preferred Income Fund III in 2021 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% less funds holding
Funds holding: 58 → 57 (-1)
2.27% less ownership
Funds ownership: 10.17% → 7.9% (-2.3%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
32% less capital inflows, than outflows
Capital inflows: $1.77M | Capital outflows: $2.61M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$390K |
| 2 |
Nottingham Advisors
Amherst,
New York
|
+$298K |
| 3 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$234K |
| 4 |
Ironwood Investment Counsel
Scottsdale,
Arizona
|
+$191K |
| 5 |
Geneos Wealth Management
Englewood,
Colorado
|
+$54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$896K |
| 2 |
NWAM LLC
Mercer Island,
Washington
|
-$217K |
| 3 |
Cetera Advisor Networks
El Segundo,
California
|
-$208K |
| 4 |
Sowell Financial Services
North Little Rock,
Arkansas
|
-$194K |
| 5 |
Harbour Investments
Madison,
Wisconsin
|
-$187K |
HPS Hedge Fund Activity: Q4 2021 in Review
57 of the 6,523 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q4 2021, worth a combined $47.1M — down 22% from $60.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HPS positions and 8 closed out — a net gain of 1 holder — while 15 added to existing stakes and 17 trimmed.
The largest buyer was LPL Financial, adding an estimated $390K. The largest seller was Invesco, cutting an estimated $896K.
- 57 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q4 2021, down from 58 in Q3 2021.
- Funds reported $47.1M of John Hancock Preferred Income Fund III stock for Q4 2021, down 22% quarter-over-quarter.
- 9 funds opened new John Hancock Preferred Income Fund III positions in Q4 2021 and 8 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund III buyer in Q4 2021 was LPL Financial, an estimated $390K added.
- The largest John Hancock Preferred Income Fund III seller in Q4 2021 was Invesco, an estimated $896K sold.
Based on aggregated 13F filings for Q4 2021.