John Hancock Premium Dividend Fund
PDT
73 hedge funds and large institutions have $34.1M invested in John Hancock Premium Dividend Fund in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 14 closing their positions.
0.22% less ownership
Funds ownership: 5.97% → 5.76% (-0.22%)
5% less funds holding
Funds holding: 77 → 73 (-4)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
35% less capital invested
Capital invested by funds: $52.1M → $34.1M (-$18M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$3.22M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.61M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$747K |
| 4 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
+$488K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$1.8M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.42M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.37M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.03M |
| 5 |
Millennium Management
New York
|
-$490K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWCA
76
J.W. Cole Advisors
Tampa,
Florida
| – | -$387K | -21,492 | Closed |
|
|
GC
77
Guggenheim Capital
Chicago,
Illinois
| – | -$287K | -15,975 | Closed |
|
|
AIP
78
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$234K | -13,000 | Closed |
|
|
IAA
79
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$201K | -11,159 | Closed |
|
|
FIM
80
Frontier Investment Management
Dallas,
Texas
| – | -$183K | -10,165 | Closed |
|
81
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$72K | -4,020 | Closed |
|
|
WTC
82
WhitTier Trust Company
Reno,
Nevada
| – | -$36K | -2,000 | Closed |
|
|
THWM
83
Taylor Hoffman Wealth Management
Richmond,
Virginia
| – | -$19K | -1,068 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$4K | -200 | Closed |
|
PDT Hedge Fund Activity: Q1 2020 in Review
73 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q1 2020, worth a combined $34.1M — down 35% from $52.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PDT and 12 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 20 added.
The largest buyer was Bramshill Investments, opening a new position worth an estimated $3.22M. The largest seller was WealthSource Partners, exiting entirely with an estimated $1.8M sold.
- 73 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q1 2020, down from 77 in Q4 2019.
- Funds reported $34.1M of John Hancock Premium Dividend Fund stock for Q1 2020, down 35% quarter-over-quarter.
- 12 funds opened new John Hancock Premium Dividend Fund positions in Q1 2020 and 14 closed out, a net change of -2 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q1 2020 was Bramshill Investments, an estimated $3.22M added.
- The largest John Hancock Premium Dividend Fund seller in Q1 2020 was WealthSource Partners, an estimated $1.8M sold.
Based on aggregated 13F filings for Q1 2020.