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PDT

John Hancock Premium Dividend Fund
PDT

58 hedge funds and large institutions have $82M invested in John Hancock Premium Dividend Fund in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 15

5% more capital invested

Capital invested by funds: $77.9M → $82M (+$4.04M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.79% less ownership

Funds ownership: 13.44% → 12.65% (-0.79%)

9% less funds holding

Funds holding: 64 → 58 (-6)

50% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 12

Holders
58
Holders Change
-6
Holders Change %
-9.38%
% of All Funds
1.68%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
6
Increased
21
Reduced
15
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$4.09M
2
GC
Guggenheim Capital
Illinois
+$1.08M
3
Morgan Stanley
Morgan Stanley
New York
+$738K
4
BWP
Baldwin Wealth Partners
Massachusetts
+$235K
5
ICOA
Investment Centers of America
North Dakota
+$219K

Top Sellers

Rank Fund Capital Flow
1
NCM
Newgate Capital Management
Connecticut
-$3.44M
2
FIMG
Financial & Investment Management Group
Michigan
-$1.55M
3
SG Americas Securities
SG Americas Securities
New York
-$1.36M
4
AA
Ancora Advisors
Ohio
-$910K
5
Barclays
Barclays
United Kingdom
-$800K
Name Holding Trade Value Shares
Change 		Change in
Stake
BWP
26
Baldwin Wealth Partners
Massachusetts
$248K +$235K +19,123 New
TC
27
TFS Capital
Pennsylvania
$220K +$209K +16,972 New
NES
28
New England Securities
New York
$212K +$3.66K +297 +2%
ICOA
29
Investment Centers of America
North Dakota
$212K +$219K +17,756 New
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$206K -$2.02K -164 -1%
CAL
31
Capital Advisors Ltd
Ohio
$206K +$112K +9,123 +736%
HCM
32
Hollencrest Capital Management
California
$205K – – –
US Bancorp
33
US Bancorp
Minnesota
$183K -$18.4K -1,492 -10%
RCAG
34
Rehmann Capital Advisory Group
Michigan
$183K – – –
SI
35
SII Investments
Wisconsin
$170K +$37 +3 +0%
PMG
36
ProVise Management Group
Florida
$163K – – –
AF
37
Aldebaran Financial
$136K – – –
CS
38
Credit Suisse
Switzerland
$130K -$3.75K -305 -3%
LTFS
39
Ladenburg Thalmann Financial Services
Florida
$129K +$47.1K +3,828 +62%
Creative Planning
40
Creative Planning
Kansas
$123K -$23K -1,870 -16%
First Manhattan
41
First Manhattan
New York
$110K – – –
MFS
42
MSI Financial Services
Massachusetts
$73K +$44.1K +3,584 +174%
BAM
43
Barrett Asset Management
New York
$58K – – –
WA
44
Winfield Associates
Ohio
$52K – – –
TJHA
45
Thomas J. Herzfeld Advisors
Florida
$47K +$209 +17 +0.5%
WA
46
WFG Advisors
Texas
$46K +$394 +32 +0.9%
FWM
47
Focused Wealth Management
New York
$40K +$566 +46 +2%
ST
48
Smithfield Trust
Pennsylvania
$39K – – –
DADC
49
D.A. Davidson & Co
Montana
$38K +$36.9K +3,000 New
KT
50
Kanaly Trust
Texas
$31K – – –
1
2
3

PDT Hedge Fund Activity: Q1 2014 in Review

58 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q1 2014, worth a combined $82M — up 5.2% from $77.9M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PDT and 6 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 21 added.

The largest buyer was Saba Capital Management, adding an estimated $4.09M. The largest seller was Newgate Capital Management, exiting entirely with an estimated $3.44M sold.

  • 58 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q1 2014, down from 64 in Q4 2013.
  • Funds reported $82M of John Hancock Premium Dividend Fund stock for Q1 2014, up 5.2% quarter-over-quarter.
  • 6 funds opened new John Hancock Premium Dividend Fund positions in Q1 2014 and 12 closed out, a net change of -6 holders.
  • The largest John Hancock Premium Dividend Fund buyer in Q1 2014 was Saba Capital Management, an estimated $4.09M added.
  • The largest John Hancock Premium Dividend Fund seller in Q1 2014 was Newgate Capital Management, an estimated $3.44M sold.

Based on aggregated 13F filings for Q1 2014.