John Hancock Preferred Income Fund III
HPS
66 hedge funds and large institutions have $49.3M invested in John Hancock Preferred Income Fund III in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
8% more funds holding
Funds holding: 61 → 66 (+5)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
4% more capital invested
Capital invested by funds: $47.3M → $49.3M (+$2.03M)
0.31% more ownership
Funds ownership: 10.32% → 10.63% (+0.31%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GG
Golden Green
Seneca,
South Carolina
|
+$646K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$317K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$259K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$249K |
| 5 |
Morgan Stanley
New York
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$437K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$306K |
| 3 |
VF
Virtu Financial
New York
|
-$208K |
| 4 |
EC
Elequin Capital
New York
|
-$103K |
| 5 |
Rockefeller Capital Management
New York
|
-$96K |
HPS Hedge Fund Activity: Q1 2023 in Review
66 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2023, worth a combined $49.3M — up 4.3% from $47.3M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HPS positions and 5 closed out — a net gain of 8 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Golden Green, opening a new position worth an estimated $646K. The largest seller was Invesco, cutting an estimated $437K.
- 66 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2023, up from 61 in Q4 2022.
- Funds reported $49.3M of John Hancock Preferred Income Fund III stock for Q1 2023, up 4.3% quarter-over-quarter.
- 13 funds opened new John Hancock Preferred Income Fund III positions in Q1 2023 and 5 closed out, a net change of +8 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q1 2023 was Golden Green, an estimated $646K added.
- The largest John Hancock Preferred Income Fund III seller in Q1 2023 was Invesco, an estimated $437K sold.
Based on aggregated 13F filings for Q1 2023.