John Hancock Income Securities Trust
JHS
27 hedge funds and large institutions have $47.1M invested in John Hancock Income Securities Trust in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
2.08% less ownership
Funds ownership: 29.3% → 27.22% (-2.1%)
7% less capital invested
Capital invested by funds: $50.6M → $47.1M (-$3.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$372K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$341K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$193K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$161K |
| 5 |
Morgan Stanley
New York
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.52M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$782K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$646K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$171K |
| 5 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
-$21.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
POIA
26
Pin Oak Investment Advisors
Houston,
Texas
| $4K | +$3.69K | +250 | New |
|
|
IP
27
Isthmus Partners
Madison,
Wisconsin
| $3K | – | – | – |
|
|
KIM
28
Karpus Investment Management
Pittsford,
New York
| – | -$3.52M | -237,607 | Closed |
|
|
29
Invesco
Atlanta,
Georgia
| – | -$171K | -11,514 | Closed |
|
|
BCI
30
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$4K | -238 | Closed |
|
JHS Hedge Fund Activity: Q4 2017 in Review
27 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in John Hancock Income Securities Trust (JHS) for Q4 2017, worth a combined $47.1M — down 7% from $50.6M a quarter earlier.
Fund positioning in JHS was balanced in Q4 2017: 3 funds opened new positions, 3 closed out, 10 added to existing stakes and 6 trimmed.
The largest buyer was ProVise Management Group, adding an estimated $372K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $3.52M sold.
- 27 institutional investors held John Hancock Income Securities Trust (JHS) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $47.1M of John Hancock Income Securities Trust stock for Q4 2017, down 7% quarter-over-quarter.
- 3 funds opened new John Hancock Income Securities Trust positions in Q4 2017 and 3 closed out, a net change of 0 holders.
- The largest John Hancock Income Securities Trust buyer in Q4 2017 was ProVise Management Group, an estimated $372K added.
- The largest John Hancock Income Securities Trust seller in Q4 2017 was Karpus Investment Management, an estimated $3.52M sold.
Based on aggregated 13F filings for Q4 2017.