John Hancock Premium Dividend Fund
PDT
59 hedge funds and large institutions have $53.5M invested in John Hancock Premium Dividend Fund in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 4 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
0.74% less ownership
Funds ownership: 7.19% → 6.45% (-0.74%)
6% less capital invested
Capital invested by funds: $56.7M → $53.5M (-$3.13M)
6% less funds holding
Funds holding: 63 → 59 (-4)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$358K |
| 2 |
HIC
Holderness Investments Company
Greensboro,
North Carolina
|
+$245K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$233K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
+$188K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.67M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.55M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.24M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$806K |
| 5 |
Millennium Management
New York
|
-$620K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFW
51
Mosaic Family Wealth
St. Louis,
Missouri
| $43K | +$741 | +45 | +2% |
|
|
DADC
52
D.A. Davidson & Co
Great Falls,
Montana
| $31K | – | – | – |
|
53
AssetMark Inc
Concord,
California
| $28K | – | – | – |
|
|
IP
54
Isthmus Partners
Madison,
Wisconsin
| $27K | – | – | – |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $25K | -$76.8K | -4,664 | -75% |
|
|
PCM
56
Penserra Capital Management
Orinda,
California
| $21K | +$1.75K | +106 | +9% |
|
|
BFEC
57
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $20K | – | – | – |
|
58
Citigroup
New York
| $10K | – | – | – |
|
|
PMFA
59
Plante Moran Financial Advisors
Southfield,
Michigan
| $2K | -$7.74K | -470 | -82% |
|
|
60
Millennium Management
New York
| – | -$620K | -38,998 | Closed |
|
|
SPC
61
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$544K | -34,161 | Closed |
|
|
RCAG
62
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$179K | -11,276 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | -$7K | -465 | Closed |
|
PDT Hedge Fund Activity: Q2 2017 in Review
59 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q2 2017, worth a combined $53.5M — down 5.5% from $56.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PDT and 1 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 22 added.
The largest buyer was Morgan Stanley, adding an estimated $358K. The largest seller was Guggenheim Capital, cutting an estimated $1.67M.
- 59 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q2 2017, down from 63 in Q1 2017.
- Funds reported $53.5M of John Hancock Premium Dividend Fund stock for Q2 2017, down 5.5% quarter-over-quarter.
- 1 fund opened new John Hancock Premium Dividend Fund positions in Q2 2017 and 4 closed out, a net change of -3 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q2 2017 was Morgan Stanley, an estimated $358K added.
- The largest John Hancock Premium Dividend Fund seller in Q2 2017 was Guggenheim Capital, an estimated $1.67M sold.
Based on aggregated 13F filings for Q2 2017.