John Hancock Premium Dividend Fund
PDT
66 hedge funds and large institutions have $43.8M invested in John Hancock Premium Dividend Fund in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 10 closing their positions.
0.82% less ownership
Funds ownership: 6.86% → 6.04% (-0.82%)
7% less funds holding
Funds holding: 71 → 66 (-5)
23% less capital invested
Capital invested by funds: $56.8M → $43.8M (-$13M)
26% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 23
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.35M |
| 2 |
MGIA
Moneta Group Investment Advisors
St Louis,
Missouri
|
+$589K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$218K |
| 4 |
Goldman Sachs
New York
|
+$189K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.55M |
| 2 |
LWS
Lucia Wealth Services
San Diego,
California
|
-$780K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$373K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$369K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
-$361K |
PDT Hedge Fund Activity: Q1 2018 in Review
66 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q1 2018, worth a combined $43.8M — down 23% from $56.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PDT and 5 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 17 added.
The largest buyer was LPL Financial, adding an estimated $1.35M. The largest seller was UBS Group, cutting an estimated $3.55M.
- 66 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q1 2018, down from 71 in Q4 2017.
- Funds reported $43.8M of John Hancock Premium Dividend Fund stock for Q1 2018, down 23% quarter-over-quarter.
- 5 funds opened new John Hancock Premium Dividend Fund positions in Q1 2018 and 10 closed out, a net change of -5 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q1 2018 was LPL Financial, an estimated $1.35M added.
- The largest John Hancock Premium Dividend Fund seller in Q1 2018 was UBS Group, an estimated $3.55M sold.
Based on aggregated 13F filings for Q1 2018.