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 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 14 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.54% less ownership
Funds ownership: 12.67% → 12.12% (-0.54%)
4% less capital invested
Capital invested by funds: $61M → $58.2M (-$2.74M)
16% less funds holding
Funds holding: 73 → 61 (-12)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.37M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$849K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$739K |
| 4 |
LPL Financial
San Diego,
California
|
+$603K |
| 5 |
Morgan Stanley
New York
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.42M |
| 2 |
MG
Marex Group
London,
|
-$703K |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$500K |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$457K |
| 5 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$427K |
HPS Hedge Fund Activity: Q1 2025 in Review
61 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in John Hancock Preferred Income Fund III (HPS) for Q1 2025, worth a combined $58.2M — down 4.5% from $61M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of HPS and 5 opened new positions — a net loss of 9 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.
- 61 institutional investors held John Hancock Preferred Income Fund III (HPS) as of Q1 2025, down from 73 in Q4 2024.
- Funds reported $58.2M of John Hancock Preferred Income Fund III stock for Q1 2025, down 4.5% quarter-over-quarter.
- 5 funds opened new John Hancock Preferred Income Fund III positions in Q1 2025 and 14 closed out, a net change of -9 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.