John Hancock Income Securities Trust
JHS
24 hedge funds and large institutions have $39.5M invested in John Hancock Income Securities Trust in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more capital invested
Capital invested by funds: $36.9M → $39.5M (+$2.61M)
4% more funds holding
Funds holding: 23 → 24 (+1)
1.22% more ownership
Funds ownership: 10.46% → 11.68% (+1.2%)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.91M |
| 2 |
SCM
Saba Capital Management
New York
|
+$801K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$458K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$187K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.47M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$658K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$281K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$84.1K |
| 5 |
Morgan Stanley
New York
|
-$64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
26
Doliver Advisors
Houston,
Texas
| – | -$658K | -46,614 | Closed |
|
|
RCM
27
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$281K | -19,899 | Closed |
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$10K | -700 | Closed |
|
JHS Hedge Fund Activity: Q4 2013 in Review
24 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in John Hancock Income Securities Trust (JHS) for Q4 2013, worth a combined $39.5M — up 7.1% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new JHS positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.91M. The largest seller was Guggenheim Capital, cutting an estimated $1.47M.
- 24 institutional investors held John Hancock Income Securities Trust (JHS) as of Q4 2013, up from 23 in Q3 2013.
- Funds reported $39.5M of John Hancock Income Securities Trust stock for Q4 2013, up 7.1% quarter-over-quarter.
- 4 funds opened new John Hancock Income Securities Trust positions in Q4 2013 and 3 closed out, a net change of +1 holder.
- The largest John Hancock Income Securities Trust buyer in Q4 2013 was Sit Investment Associates, an estimated $2.91M added.
- The largest John Hancock Income Securities Trust seller in Q4 2013 was Guggenheim Capital, an estimated $1.47M sold.
Based on aggregated 13F filings for Q4 2013.