John Hancock Premium Dividend Fund
PDT
91 hedge funds and large institutions have $71.6M invested in John Hancock Premium Dividend Fund in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 15 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
1% more funds holding
Funds holding: 90 → 91 (+1)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
2.65% less ownership
Funds ownership: 15.14% → 12.49% (-2.7%)
10% less capital invested
Capital invested by funds: $79.3M → $71.6M (-$7.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.03M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$731K |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$646K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$643K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$531K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.6M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$2.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.68M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.29M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
101
Boothbay Fund Management
New York
| – | -$160K | -15,000 | Closed |
|
102
Creative Planning
Overland Park,
Kansas
| – | -$146K | -13,727 | Closed |
|
|
CAS
103
CTC Alternative Strategies
Chicago,
Illinois
| – | -$140K | -13,132 | Closed |
|
104
Northern Trust
Chicago,
Illinois
| – | -$117K | -10,957 | Closed |
|
|
TC
105
Truvestments Capital
Sarasota,
Florida
| – | -$17.9K | -1,685 | Closed |
|
|
ASN
106
Advisory Services Network
Atlanta,
Georgia
| – | -$1.16K | -109 | Closed |
|
107
Fidelity Investments
Boston,
Massachusetts
| – | -$11 | -1 | Closed |
|
PDT Hedge Fund Activity: Q1 2024 in Review
91 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q1 2024, worth a combined $71.6M — down 9.8% from $79.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PDT positions and 15 closed out — a net gain of 1 holder — while 25 added to existing stakes and 22 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.03M. The largest seller was Morgan Stanley, cutting an estimated $8.6M.
- 91 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q1 2024, up from 90 in Q4 2023.
- Funds reported $71.6M of John Hancock Premium Dividend Fund stock for Q1 2024, down 9.8% quarter-over-quarter.
- 16 funds opened new John Hancock Premium Dividend Fund positions in Q1 2024 and 15 closed out, a net change of +1 holder.
- The largest John Hancock Premium Dividend Fund buyer in Q1 2024 was Guggenheim Capital, an estimated $1.03M added.
- The largest John Hancock Premium Dividend Fund seller in Q1 2024 was Morgan Stanley, an estimated $8.6M sold.
Based on aggregated 13F filings for Q1 2024.