John Hancock Premium Dividend Fund
PDT
67 hedge funds and large institutions have $89.2M invested in John Hancock Premium Dividend Fund in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 6 closing their positions.
145% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
2% more funds holding
Funds holding: 66 → 67 (+1)
0.41% more ownership
Funds ownership: 13.15% → 13.56% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $89.4M → $89.2M (-$170K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.62M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.42M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.28M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$459K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2.36M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$883K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$594K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$593K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$246K |
PDT Hedge Fund Activity: Q3 2014 in Review
67 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q3 2014, worth a combined $89.2M — down 0.19% from $89.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PDT positions and 6 closed out — a net gain of 2 holders — while 27 added to existing stakes and 11 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.62M. The largest seller was Financial & Investment Management Group, cutting an estimated $2.36M.
- 67 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q3 2014, up from 66 in Q2 2014.
- Funds reported $89.2M of John Hancock Premium Dividend Fund stock for Q3 2014, down 0.19% quarter-over-quarter.
- 8 funds opened new John Hancock Premium Dividend Fund positions in Q3 2014 and 6 closed out, a net change of +2 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q3 2014 was Saba Capital Management, an estimated $2.62M added.
- The largest John Hancock Premium Dividend Fund seller in Q3 2014 was Financial & Investment Management Group, an estimated $2.36M sold.
Based on aggregated 13F filings for Q3 2014.