John Hancock Preferred Income Fund III
HPS
63 hedge funds and large institutions have $47.3M invested in John Hancock Preferred Income Fund III in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 8 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less ownership
Funds ownership: 10.63% → 10.62% (-0%)
4% less capital invested
Capital invested by funds: $49.3M → $47.3M (-$2.05M)
5% less funds holding
Funds holding: 66 → 63 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.46M |
| 2 |
LPL Financial
San Diego,
California
|
+$258K |
| 3 |
SCA
Snowden Capital Advisors
New York
|
+$211K |
| 4 |
JE
JMAC Enterprises
Newtown,
Pennsylvania
|
+$155K |
| 5 |
Rockefeller Capital Management
New York
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$885K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$620K |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$266K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$254K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$244K |
HPS Hedge Fund Activity: Q2 2023 in Review
63 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q2 2023, worth a combined $47.3M — down 4.2% from $49.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HPS and 6 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $1.46M. The largest seller was Ameriprise, cutting an estimated $885K.
- 63 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q2 2023, down from 66 in Q1 2023.
- Funds reported $47.3M of John Hancock Preferred Income Fund III stock for Q2 2023, down 4.2% quarter-over-quarter.
- 6 funds opened new John Hancock Preferred Income Fund III positions in Q2 2023 and 8 closed out, a net change of -2 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q2 2023 was Morgan Stanley, an estimated $1.46M added.
- The largest John Hancock Preferred Income Fund III seller in Q2 2023 was Ameriprise, an estimated $885K sold.
Based on aggregated 13F filings for Q2 2023.