John Hancock Premium Dividend Fund
PDT
63 hedge funds and large institutions have $57.4M invested in John Hancock Premium Dividend Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 9 closing their positions.
0.53% less ownership
Funds ownership: 7.93% → 7.4% (-0.53%)
5% less funds holding
Funds holding: 66 → 63 (-3)
11% less capital invested
Capital invested by funds: $64.3M → $57.4M (-$6.95M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$719K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$444K |
| 3 |
Cohen & Steers
New York
|
+$338K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$293K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.34M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.3M |
| 3 |
Morgan Stanley
New York
|
-$627K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$519K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$494K |
PDT Hedge Fund Activity: Q4 2016 in Review
63 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in John Hancock Premium Dividend Fund (PDT) for Q4 2016, worth a combined $57.4M — down 11% from $64.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PDT and 7 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 19 added.
The largest buyer was Stratos Wealth Partners, adding an estimated $719K. The largest seller was Guggenheim Capital, cutting an estimated $1.34M.
- 63 institutional investors held John Hancock Premium Dividend Fund (PDT) as of Q4 2016, down from 66 in Q3 2016.
- Funds reported $57.4M of John Hancock Premium Dividend Fund stock for Q4 2016, down 11% quarter-over-quarter.
- 7 funds opened new John Hancock Premium Dividend Fund positions in Q4 2016 and 9 closed out, a net change of -2 holders.
- The largest John Hancock Premium Dividend Fund buyer in Q4 2016 was Stratos Wealth Partners, an estimated $719K added.
- The largest John Hancock Premium Dividend Fund seller in Q4 2016 was Guggenheim Capital, an estimated $1.34M sold.
Based on aggregated 13F filings for Q4 2016.