John Hancock Income Securities Trust
JHS
26 hedge funds and large institutions have $29.3M invested in John Hancock Income Securities Trust in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
16% more capital invested
Capital invested by funds: $25.3M → $29.3M (+$4.03M)
8% more funds holding
Funds holding: 24 → 26 (+2)
2.2% more ownership
Funds ownership: 15.25% → 17.44% (+2.2%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.73M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.67M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$524K |
| 4 |
Citigroup
New York
|
+$337K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$694K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$282K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$269K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$208K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$201K |
JHS Hedge Fund Activity: Q4 2014 in Review
26 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in John Hancock Income Securities Trust (JHS) for Q4 2014, worth a combined $29.3M — up 16% from $25.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new JHS positions and 2 closed out — a net gain of 4 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.73M. The largest seller was Saba Capital Management, cutting an estimated $694K.
- 26 institutional investors held John Hancock Income Securities Trust (JHS) as of Q4 2014, up from 24 in Q3 2014.
- Funds reported $29.3M of John Hancock Income Securities Trust stock for Q4 2014, up 16% quarter-over-quarter.
- 6 funds opened new John Hancock Income Securities Trust positions in Q4 2014 and 2 closed out, a net change of +4 holders.
- The largest John Hancock Income Securities Trust buyer in Q4 2014 was Sit Investment Associates, an estimated $1.73M added.
- The largest John Hancock Income Securities Trust seller in Q4 2014 was Saba Capital Management, an estimated $694K sold.
Based on aggregated 13F filings for Q4 2014.