John Hancock Premium Dividend Fund
PDT
72 hedge funds and large institutions have $36.4M invested in John Hancock Premium Dividend Fund in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
11% more funds holding
Funds holding: 65 → 72 (+7)
0.04% less ownership
Funds ownership: 5.46% → 5.42% (-0.04%)
16% less capital invested
Capital invested by funds: $43.6M → $36.4M (-$7.14M)
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$483K |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$405K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$182K |
| 4 |
Jane Street
New York
|
+$168K |
| 5 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$975K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$924K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$459K |
| 4 |
Morgan Stanley
New York
|
-$263K |
| 5 |
HIC
Holderness Investments Company
Greensboro,
North Carolina
|
-$259K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWMG
76
Signature Wealth Management Group
Atlanta,
Georgia
| – | -$11K | -700 | Closed |
|
|
IGGA
77
Iron Gate Global Advisors
Nsl,
Utah
| – | -$10K | -610 | Closed |
|
|
SSB
78
Sandy Spring Bank
Olney,
Maryland
| – | -$10K | -598 | Closed |
|
|
TWA
79
TCI Wealth Advisors
Tucson,
Arizona
| – | -$5K | -280 | Closed |
|
|
GI
80
Gradient Investments
Arden Hills,
Minnesota
| – | -$2.6K | -170 | -97% |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | +$46 | +3 | New |
|
PDT Hedge Fund Activity: Q4 2018 in Review
72 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q4 2018, worth a combined $36.4M — down 16% from $43.6M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PDT positions and 9 closed out — a net gain of 7 holders — while 15 added to existing stakes and 26 trimmed.
The largest buyer was Ahrens Investment Partners, opening a new position worth an estimated $483K. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $975K sold.
- 72 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q4 2018, up from 65 in Q3 2018.
- Funds reported $36.4M of John Hancock Premium Dividend Fund stock for Q4 2018, down 16% quarter-over-quarter.
- 16 funds opened new John Hancock Premium Dividend Fund positions in Q4 2018 and 9 closed out, a net change of +7 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q4 2018 was Ahrens Investment Partners, an estimated $483K added.
- The largest John Hancock Premium Dividend Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $975K sold.
Based on aggregated 13F filings for Q4 2018.