John Hancock Income Securities Trust
JHS
19 hedge funds and large institutions have $38.2M invested in John Hancock Income Securities Trust in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 8 closing their positions.
3% less capital invested
Capital invested by funds: $39.5M → $38.2M (-$1.21M)
1.04% less ownership
Funds ownership: 11.68% → 10.64% (-1%)
21% less funds holding
Funds holding: 24 → 19 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.47M |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$153K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$27.9K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$26.1K |
| 5 |
PFSC
Peoples Financial Services Corp
Dunmore,
Pennsylvania
|
+$1.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.28M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$889K |
| 3 |
SCM
Saba Capital Management
New York
|
-$815K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$571K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| – | -$29K | -2,000 | Closed |
|
|
WCM
27
Windsor Capital Management
Phoenix,
Arizona
| – | -$17K | -1,200 | Closed |
|
28
Citigroup
New York
| – | -$6K | -429 | Closed |
|
JHS Hedge Fund Activity: Q1 2014 in Review
19 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in John Hancock Income Securities Trust (JHS) for Q1 2014, worth a combined $38.2M — down 3.1% from $39.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of JHS and 3 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Sit Investment Associates, adding an estimated $2.47M. The largest seller was Guggenheim Capital, cutting an estimated $1.28M.
- 19 institutional investors held John Hancock Income Securities Trust (JHS) as of Q1 2014, down from 24 in Q4 2013.
- Funds reported $38.2M of John Hancock Income Securities Trust stock for Q1 2014, down 3.1% quarter-over-quarter.
- 3 funds opened new John Hancock Income Securities Trust positions in Q1 2014 and 8 closed out, a net change of -5 holders.
- The largest John Hancock Income Securities Trust buyer in Q1 2014 was Sit Investment Associates, an estimated $2.47M added.
- The largest John Hancock Income Securities Trust seller in Q1 2014 was Guggenheim Capital, an estimated $1.28M sold.
Based on aggregated 13F filings for Q1 2014.