John Hancock Premium Dividend Fund
PDT
63 hedge funds and large institutions have $61.3M invested in John Hancock Premium Dividend Fund in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 10 closing their positions.
0.78% less ownership
Funds ownership: 10.23% → 9.45% (-0.78%)
11% less funds holding
Funds holding: 71 → 63 (-8)
13% less capital invested
Capital invested by funds: $70.4M → $61.3M (-$9.07M)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.13M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$325K |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$306K |
| 4 |
PPSG
Princeton Portfolio Strategies Group
Princeton,
New Jersey
|
+$275K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.71M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.08M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$741K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$316K |
| 5 |
HB
Homrich & Berg
Atlanta,
Georgia
|
-$284K |
PDT Hedge Fund Activity: Q2 2015 in Review
63 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q2 2015, worth a combined $61.3M — down 13% from $70.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PDT and 3 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $1.13M. The largest seller was Saba Capital Management, exiting entirely with an estimated $4.71M sold.
- 63 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q2 2015, down from 71 in Q1 2015.
- Funds reported $61.3M of John Hancock Premium Dividend Fund stock for Q2 2015, down 13% quarter-over-quarter.
- 3 funds opened new John Hancock Premium Dividend Fund positions in Q2 2015 and 10 closed out, a net change of -7 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q2 2015 was Morgan Stanley, an estimated $1.13M added.
- The largest John Hancock Premium Dividend Fund seller in Q2 2015 was Saba Capital Management, an estimated $4.71M sold.
Based on aggregated 13F filings for Q2 2015.