John Hancock Premium Dividend Fund
PDT
65 hedge funds and large institutions have $115M invested in John Hancock Premium Dividend Fund in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
65% more capital invested
Capital invested by funds: $69.6M → $115M (+$45M)
7% more funds holding
Funds holding: 61 → 65 (+4)
0.36% less ownership
Funds ownership: 8.28% → 7.92% (-0.36%)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$923K |
| 2 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$494K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$339K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
+$239K |
| 5 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.59M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.12M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$911K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$609K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$433K |
PDT Hedge Fund Activity: Q3 2016 in Review
65 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q3 2016, worth a combined $115M — up 65% from $69.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PDT positions and 4 closed out — a net gain of 4 holders — while 20 added to existing stakes and 21 trimmed.
The largest buyer was Advisory Services Network, adding an estimated $923K. The largest seller was Morgan Stanley, cutting an estimated $1.59M.
- 65 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q3 2016, up from 61 in Q2 2016.
- Funds reported $115M of John Hancock Premium Dividend Fund stock for Q3 2016, up 65% quarter-over-quarter.
- 8 funds opened new John Hancock Premium Dividend Fund positions in Q3 2016 and 4 closed out, a net change of +4 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q3 2016 was Advisory Services Network, an estimated $923K added.
- The largest John Hancock Premium Dividend Fund seller in Q3 2016 was Morgan Stanley, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2016.