John Hancock Preferred Income Fund III
HPS
61 hedge funds and large institutions have $58.2M invested in John Hancock Preferred Income Fund III in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
8% more capital invested
Capital invested by funds: $54.1M → $58.2M (+$4.07M)
0.54% more ownership
Funds ownership: 10.98% → 11.52% (+0.54%)
2% less funds holding
Funds holding: 62 → 61 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.11M |
| 2 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$1.5M |
| 3 |
AWM
Activest Wealth Management
Aventure,
Florida
|
+$1.39M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$844K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.18M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$255K |
| 3 |
Morgan Stanley
New York
|
-$250K |
| 4 |
BC
Burney Company
Reston,
Virginia
|
-$137K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$118K |
HPS Hedge Fund Activity: Q2 2024 in Review
61 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q2 2024, worth a combined $58.2M — up 7.5% from $54.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HPS positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Ameriprise, adding an estimated $3.11M. The largest seller was Osaic Holdings, cutting an estimated $2.18M.
- 61 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q2 2024, down from 62 in Q1 2024.
- Funds reported $58.2M of John Hancock Preferred Income Fund III stock for Q2 2024, up 7.5% quarter-over-quarter.
- 6 funds opened new John Hancock Preferred Income Fund III positions in Q2 2024 and 5 closed out, a net change of +1 holder.
- The largest John Hancock Preferred Income Fund III buyer in Q2 2024 was Ameriprise, an estimated $3.11M added.
- The largest John Hancock Preferred Income Fund III seller in Q2 2024 was Osaic Holdings, an estimated $2.18M sold.
Based on aggregated 13F filings for Q2 2024.