John Hancock Premium Dividend Fund
PDT
68 hedge funds and large institutions have $44.8M invested in John Hancock Premium Dividend Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 11 closing their positions.
23% more capital invested
Capital invested by funds: $36.4M → $44.8M (+$8.38M)
0.14% more ownership
Funds ownership: 5.42% → 5.56% (+0.14%)
6% less funds holding
Funds holding: 72 → 68 (-4)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$1.58M |
| 2 |
LPL Financial
San Diego,
California
|
+$380K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$270K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$234K |
| 5 |
EAM
Evanson Asset Management
Carmel,
California
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$366K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$288K |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$284K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$210K |
| 5 |
CIA
CCM Investment Advisers
Columbia,
South Carolina
|
-$198K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AssetMark Inc
Concord,
California
| – | -$15K | -1,049 | Closed |
|
|
AF
77
Advisornet Financial
Minnetonka,
Minnesota
| – | -$4K | -275 | Closed |
|
PDT Hedge Fund Activity: Q1 2019 in Review
68 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q1 2019, worth a combined $44.8M — up 23% from $36.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PDT and 7 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 19 added.
The largest buyer was WealthSource Partners, opening a new position worth an estimated $1.58M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $366K sold.
- 68 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q1 2019, down from 72 in Q4 2018.
- Funds reported $44.8M of John Hancock Premium Dividend Fund stock for Q1 2019, up 23% quarter-over-quarter.
- 7 funds opened new John Hancock Premium Dividend Fund positions in Q1 2019 and 11 closed out, a net change of -4 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q1 2019 was WealthSource Partners, an estimated $1.58M added.
- The largest John Hancock Premium Dividend Fund seller in Q1 2019 was Weiss Asset Management, an estimated $366K sold.
Based on aggregated 13F filings for Q1 2019.