John Hancock Premium Dividend Fund
PDT
74 hedge funds and large institutions have $43M invested in John Hancock Premium Dividend Fund in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
10% more funds holding
Funds holding: 67 → 74 (+7)
7% more capital invested
Capital invested by funds: $40M → $43M (+$2.95M)
0.91% more ownership
Funds ownership: 6.19% → 7.1% (+0.91%)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$4.3M |
| 2 |
TP
Truvvo Partners
New York
|
+$684K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$445K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$297K |
| 5 |
MA
Montag & Associates
Atlanta,
Georgia
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$369K |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$246K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$235K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$207K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$196K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
76
Cetera Advisors
Denver,
Colorado
| – | -$196K | -14,707 | Closed |
|
|
PAG
77
Private Advisor Group
Morristown,
New Jersey
| – | -$55K | -4,118 | Closed |
|
78
JP Morgan Chase
New York
| – | -$42K | -3,141 | Closed |
|
|
THWM
79
Taylor Hoffman Wealth Management
Richmond,
Virginia
| – | -$14K | -1,068 | Closed |
|
PDT Hedge Fund Activity: Q3 2020 in Review
74 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q3 2020, worth a combined $43M — up 7.4% from $40M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PDT positions and 5 closed out — a net gain of 8 holders — while 18 added to existing stakes and 24 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $4.3M. The largest seller was Bank of America, cutting an estimated $369K.
- 74 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q3 2020, up from 67 in Q2 2020.
- Funds reported $43M of John Hancock Premium Dividend Fund stock for Q3 2020, up 7.4% quarter-over-quarter.
- 13 funds opened new John Hancock Premium Dividend Fund positions in Q3 2020 and 5 closed out, a net change of +8 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q3 2020 was Bramshill Investments, an estimated $4.3M added.
- The largest John Hancock Premium Dividend Fund seller in Q3 2020 was Bank of America, an estimated $369K sold.
Based on aggregated 13F filings for Q3 2020.