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HPS

John Hancock Preferred Income Fund III

60 hedge funds and large institutions have $58M invested in John Hancock Preferred Income Fund III in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 15

0.48% less ownership

Funds ownership: 12.57%12.09% (-0.48%)

4% less capital invested

Capital invested by funds: $60.5M → $58M (-$2.42M)

17% less funds holding

Funds holding: 7260 (-12)

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
60
Holders Change
-12
Holders Change %
-16.67%
% of All Funds
0.8%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
16
Reduced
15
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$15M -$363K -24,071 -2%
Morgan Stanley
2
Morgan Stanley
New York
$12.6M +$492K +32,640 +4%
LPL Financial
3
LPL Financial
California
$3.79M +$603K +39,981 +19%
Invesco
4
Invesco
Georgia
$3.33M -$76.2K -5,051 -2%
Bank of America
5
Bank of America
North Carolina
$2.07M +$739K +49,036 +55%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$2.04M -$10.5K -698 -0.5%
Ameriprise
7
Ameriprise
Minnesota
$1.88M -$2.42M -160,546 -56%
RIL
8
Rothschild Investment LLC
Illinois
$1.83M -$427K -28,300 -19%
GC
9
Guggenheim Capital
Illinois
$1.69M +$1.37M +90,864 +420%
Fiera Capital (Canada)
10
Fiera Capital (Canada)
Quebec, Canada
$1.28M
AWM
11
Activest Wealth Management
Florida
$1.03M -$283K -18,753 -21%
PVI
12
Pine Valley Investments
New Jersey
$859K +$120K +7,942 +16%
JWCA
13
J.W. Cole Advisors
Florida
$845K +$849K +56,307 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$772K +$79.4K +5,264 +11%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$706K +$21.7K +1,441 +3%
SFS
16
Sowell Financial Services
Arkansas
$697K +$317 +21 +0%
Osaic Holdings
17
Osaic Holdings
Arizona
$659K +$78.3K +5,193 +13%
PTC
18
Philadelphia Trust Company
Pennsylvania
$629K
LOPW
19
Live Oak Private Wealth
North Carolina
$579K
Wells Fargo
20
Wells Fargo
California
$488K +$158K +10,489 +48%
SAM
21
Selway Asset Management
$402K -$10.3K -680 -2%
Cohen & Steers
22
Cohen & Steers
New York
$377K +$378K +25,100 New
PRTG
23
Post Resch Tallon Group
New York
$358K +$362 +24 +0.1%
HighTower Advisors
24
HighTower Advisors
Illinois
$355K -$92.9K -6,162 -21%
WS
25
Wedbush Securities
California
$341K -$22.2K -1,472 -6%

HPS Hedge Fund Activity: Q1 2025 in Review

60 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2025, worth a combined $58M — down 4% from $60.5M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of HPS and 5 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 16 added.

The largest buyer was Guggenheim Capital, adding an estimated $1.37M. The largest seller was Ameriprise, cutting an estimated $2.42M.

  • 60 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2025, down from 72 in Q4 2024.
  • Funds reported $58M of John Hancock Preferred Income Fund III stock for Q1 2025, down 4% quarter-over-quarter.
  • 5 funds opened new John Hancock Preferred Income Fund III positions in Q1 2025 and 13 closed out, a net change of -8 holders.
  • The largest John Hancock Preferred Income Fund III buyer in Q1 2025 was Guggenheim Capital, an estimated $1.37M added.
  • The largest John Hancock Preferred Income Fund III seller in Q1 2025 was Ameriprise, an estimated $2.42M sold.

Based on aggregated 13F filings for Q1 2025.