John Hancock Income Securities Trust
JHS
24 hedge funds and large institutions have $25.3M invested in John Hancock Income Securities Trust in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
9% more funds holding
Funds holding: 22 → 24 (+2)
3.02% more ownership
Funds ownership: 12.22% → 15.25% (+3%)
73% less capital invested
Capital invested by funds: $94.5M → $25.3M (-$69.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.11M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.17M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.08M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.07M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$358K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$596K |
| 2 |
SG Americas Securities
New York
|
-$307K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$249K |
| 4 |
LPL Financial
San Diego,
California
|
-$78.2K |
| 5 |
Morgan Stanley
New York
|
-$64.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
SG Americas Securities
New York
| – | -$307K | -20,977 | Closed |
|
|
SFS
27
Shaker Financial Services
Arlington,
Virginia
| – | -$249K | -17,021 | Closed |
|
28
Citigroup
New York
| – | -$32K | -2,151 | Closed |
|
|
MA
29
MUFG Americas
New York
| – | -$1K | -100 | Closed |
|
JHS Hedge Fund Activity: Q3 2014 in Review
24 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in John Hancock Income Securities Trust (JHS) for Q3 2014, worth a combined $25.3M — down 73% from $94.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new JHS positions and 4 closed out — a net gain of 2 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.11M. The largest seller was Guggenheim Capital, cutting an estimated $596K.
- 24 institutional investors held John Hancock Income Securities Trust (JHS) as of Q3 2014, up from 22 in Q2 2014.
- Funds reported $25.3M of John Hancock Income Securities Trust stock for Q3 2014, down 73% quarter-over-quarter.
- 6 funds opened new John Hancock Income Securities Trust positions in Q3 2014 and 4 closed out, a net change of +2 holders.
- The largest John Hancock Income Securities Trust buyer in Q3 2014 was Sit Investment Associates, an estimated $2.11M added.
- The largest John Hancock Income Securities Trust seller in Q3 2014 was Guggenheim Capital, an estimated $596K sold.
Based on aggregated 13F filings for Q3 2014.