John Hancock Premium Dividend Fund
PDT
63 hedge funds and large institutions have $69.9M invested in John Hancock Premium Dividend Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 12 closing their positions.
19% more capital invested
Capital invested by funds: $58.9M → $69.9M (+$11M)
2.8% more ownership
Funds ownership: 8.88% → 11.68% (+2.8%)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
5% less funds holding
Funds holding: 66 → 63 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$15.6M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.67M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.05M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$851K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$805K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$752K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$693K |
| 3 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
-$621K |
| 4 |
HB
Homrich & Berg
Atlanta,
Georgia
|
-$549K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$459K |
PDT Hedge Fund Activity: Q3 2013 in Review
63 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q3 2013, worth a combined $69.9M — up 19% from $58.9M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PDT and 10 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 20 added.
The largest buyer was Financial & Investment Management Group, adding an estimated $15.6M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $752K sold.
- 63 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q3 2013, down from 66 in Q2 2013.
- Funds reported $69.9M of John Hancock Premium Dividend Fund stock for Q3 2013, up 19% quarter-over-quarter.
- 10 funds opened new John Hancock Premium Dividend Fund positions in Q3 2013 and 12 closed out, a net change of -2 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q3 2013 was Financial & Investment Management Group, an estimated $15.6M added.
- The largest John Hancock Premium Dividend Fund seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $752K sold.
Based on aggregated 13F filings for Q3 2013.