John Hancock Premium Dividend Fund
PDT
74 hedge funds and large institutions have $46.9M invested in John Hancock Premium Dividend Fund in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 9 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
1% more funds holding
Funds holding: 73 → 74 (+1)
2% more capital invested
Capital invested by funds: $46.1M → $46.9M (+$794K)
0.23% more ownership
Funds ownership: 7.93% → 8.16% (+0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.28M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.06M |
| 3 |
WFA
Websterrogers Financial Advisors
Florence,
South Carolina
|
+$619K |
| 4 |
LPL Financial
San Diego,
California
|
+$569K |
| 5 |
ST
Sabal Trust
St. Petersburg,
Florida
|
+$428K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPIA
Steward Partners Investment Advisory
New York
|
-$664K |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$476K |
| 3 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$374K |
| 4 |
PPP
Private Portfolio Partners
Paramus,
New Jersey
|
-$136K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
76
Belpointe Asset Management
Reno,
Nevada
| – | -$476K | -38,455 | Closed |
|
|
ARC
77
Advisor Resource Council
Dallas,
Texas
| – | -$374K | -29,119 | Closed |
|
|
PPP
78
Private Portfolio Partners
Paramus,
New Jersey
| – | -$136K | -10,946 | Closed |
|
|
79
Truist Financial
Charlotte,
North Carolina
| – | -$130K | -10,513 | Closed |
|
|
ASN
80
Advisory Services Network
Atlanta,
Georgia
| – | -$19.5K | -1,574 | Closed |
|
|
AAS
81
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$12.4K | -1,000 | Closed |
|
82
AssetMark Inc
Concord,
California
| – | -$2.48K | -200 | Closed |
|
|
AAP
83
Arax Advisory Partners
Denver,
Colorado
| – | -$75 | -6 | Closed |
|
|
CMANY
84
Capital Management Associates (New York)
New York
| – | -$25 | -2 | Closed |
|
PDT Hedge Fund Activity: Q2 2023 in Review
74 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q2 2023, worth a combined $46.9M — up 1.7% from $46.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PDT positions and 9 closed out — a net gain of 2 holders — while 26 added to existing stakes and 15 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.28M. The largest seller was Steward Partners Investment Advisory, cutting an estimated $664K.
- 74 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q2 2023, up from 73 in Q1 2023.
- Funds reported $46.9M of John Hancock Premium Dividend Fund stock for Q2 2023, up 1.7% quarter-over-quarter.
- 11 funds opened new John Hancock Premium Dividend Fund positions in Q2 2023 and 9 closed out, a net change of +2 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q2 2023 was Cohen & Steers, an estimated $1.28M added.
- The largest John Hancock Premium Dividend Fund seller in Q2 2023 was Steward Partners Investment Advisory, an estimated $664K sold.
Based on aggregated 13F filings for Q2 2023.