John Hancock Premium Dividend Fund
PDT
71 hedge funds and large institutions have $70.4M invested in John Hancock Premium Dividend Fund in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
1% more funds holding
Funds holding: 70 → 71 (+1)
1.09% less ownership
Funds ownership: 11.32% → 10.23% (-1.1%)
9% less capital invested
Capital invested by funds: $77.4M → $70.4M (-$6.97M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$4.14M |
| 2 |
Morgan Stanley
New York
|
+$580K |
| 3 |
Chevy Chase Trust
Bethesda,
Maryland
|
+$558K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$271K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$6.01M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$4.35M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.59M |
| 4 |
AIM
Assured Investment Management
New York
|
-$743K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$713K |
PDT Hedge Fund Activity: Q1 2015 in Review
71 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q1 2015, worth a combined $70.4M — down 9% from $77.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PDT positions and 8 closed out — a net gain of 2 holders — while 23 added to existing stakes and 19 trimmed.
The largest buyer was Frontier Investment Management, opening a new position worth an estimated $4.14M. The largest seller was Saba Capital Management, cutting an estimated $6.01M.
- 71 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q1 2015, up from 70 in Q4 2014.
- Funds reported $70.4M of John Hancock Premium Dividend Fund stock for Q1 2015, down 9% quarter-over-quarter.
- 10 funds opened new John Hancock Premium Dividend Fund positions in Q1 2015 and 8 closed out, a net change of +2 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q1 2015 was Frontier Investment Management, an estimated $4.14M added.
- The largest John Hancock Premium Dividend Fund seller in Q1 2015 was Saba Capital Management, an estimated $6.01M sold.
Based on aggregated 13F filings for Q1 2015.