BCE
385 hedge funds and large institutions have $20.5B invested in BCE in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 151 increasing their positions, 138 reducing their positions, and 44 closing their positions.
61% more capital invested
Capital invested by funds: $12.7B → $20.5B (+$7.78B)
22% more call options, than puts
Call options by funds: $59.3M | Put options by funds: $48.8M
9% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 138
0.38% more ownership
Funds ownership: 39.99% → 40.37% (+0.38%)
3% less funds holding
Funds holding: 395 → 385 (-10)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
14% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$177M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$124M |
| 3 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$54.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$41.5M |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$59.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.5M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$46.1M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$35.9M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$34.5M |
BCE Hedge Fund Activity: Q3 2013 in Review
385 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q3 2013, worth a combined $20.5B — up 61% from $12.7B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of BCE and 38 opened new positions — a net loss of 6 holders — while 138 trimmed existing stakes and 151 added.
The largest buyer was Franklin Resources, adding an estimated $177M. The largest seller was 1832 Asset Management, cutting an estimated $59.6M.
- 385 institutional investors held BCE (BCE) as of Q3 2013, down from 395 in Q2 2013.
- Funds reported $20.5B of BCE stock for Q3 2013, up 61% quarter-over-quarter.
- 38 funds opened new BCE positions in Q3 2013 and 44 closed out, a net change of -6 holders.
- The largest BCE buyer in Q3 2013 was Franklin Resources, an estimated $177M added.
- The largest BCE seller in Q3 2013 was 1832 Asset Management, an estimated $59.6M sold.
Based on aggregated 13F filings for Q3 2013.