John Hancock Preferred Income Fund III
HPS
61 hedge funds and large institutions have $63M invested in John Hancock Preferred Income Fund III in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 8 closing their positions.
8% more capital invested
Capital invested by funds: $58.2M → $63M (+$4.83M)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0% more funds holding
Funds holding: 61 → 61 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.08% less ownership
Funds ownership: 11.52% → 11.44% (-0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$925K |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$641K |
| 3 |
LPL Financial
San Diego,
California
|
+$488K |
| 4 |
Morgan Stanley
New York
|
+$231K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$751K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$657K |
| 3 |
Cohen & Steers
New York
|
-$575K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$367K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$326K |
HPS Hedge Fund Activity: Q3 2024 in Review
61 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q3 2024, worth a combined $63M — up 8.3% from $58.2M a quarter earlier.
Fund positioning in HPS was balanced in Q3 2024: 8 funds opened new positions, 8 closed out, 15 added to existing stakes and 14 trimmed.
The largest buyer was UBS Group, adding an estimated $925K. The largest seller was Sowell Financial Services, exiting entirely with an estimated $751K sold.
- 61 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $63M of John Hancock Preferred Income Fund III stock for Q3 2024, up 8.3% quarter-over-quarter.
- 8 funds opened new John Hancock Preferred Income Fund III positions in Q3 2024 and 8 closed out, a net change of 0 holders.
- The largest John Hancock Preferred Income Fund III buyer in Q3 2024 was UBS Group, an estimated $925K added.
- The largest John Hancock Preferred Income Fund III seller in Q3 2024 was Sowell Financial Services, an estimated $751K sold.
Based on aggregated 13F filings for Q3 2024.