John Hancock Preferred Income Fund III
HPS
60 hedge funds and large institutions have $55.4M invested in John Hancock Preferred Income Fund III in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 7 closing their positions.
221% more capital inflows, than outflows
Capital inflows: $14.5M | Capital outflows: $4.53M
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
5% more funds holding
Funds holding: 57 → 60 (+3)
1.83% more ownership
Funds ownership: 7.9% → 9.73% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Western Wealth Management
Golden,
Colorado
|
+$733K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$377K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$355K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$330K |
| 5 |
Cetera Advisor Networks
El Segundo,
California
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.01M |
| 2 |
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$793K |
| 3 |
Sowell Financial Services
North Little Rock,
Arkansas
|
-$684K |
| 4 |
CreativeOne Wealth
Overland Park,
Kansas
|
-$613K |
| 5 |
Nottingham Advisors
Amherst,
New York
|
-$292K |
HPS Hedge Fund Activity: Q1 2022 in Review
60 of the 6,364 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2022, worth a combined $55.4M — up 18% from $47.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HPS positions and 7 closed out — a net gain of 4 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $733K. The largest seller was Cohen & Steers, cutting an estimated $1.01M.
- 60 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2022, up from 57 in Q4 2021.
- Funds reported $55.4M of John Hancock Preferred Income Fund III stock for Q1 2022, up 18% quarter-over-quarter.
- 11 funds opened new John Hancock Preferred Income Fund III positions in Q1 2022 and 7 closed out, a net change of +4 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q1 2022 was Western Wealth Management, an estimated $733K added.
- The largest John Hancock Preferred Income Fund III seller in Q1 2022 was Cohen & Steers, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2022.