BCE
436 hedge funds and large institutions have $14.5B invested in BCE in 2014 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 213 increasing their positions, 117 reducing their positions, and 16 closing their positions.
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
82% more repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 117
3% more funds holding
Funds holding: 423 → 436 (+13)
7% more call options, than puts
Call options by funds: $124M | Put options by funds: $115M
0.24% more ownership
Funds ownership: 43.12% → 43.36% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 20 → 20 (0)
5% less capital invested
Capital invested by funds: $15.3B → $14.5B (-$829M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$119M |
| 2 |
WIC
Water Island Capital
New York
|
+$73.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49.4M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$47.5M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$44.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Institutional Capital
Chicago,
Illinois
|
-$264M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$141M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$130M |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$77.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$49.1M |
BCE Hedge Fund Activity: Q3 2014 in Review
436 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q3 2014, worth a combined $14.5B — down 5.4% from $15.3B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BCE positions and 16 closed out — a net gain of 17 holders — while 213 added to existing stakes and 117 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $119M. The largest seller was Institutional Capital, cutting an estimated $264M.
- 436 institutional investors held BCE (BCE) as of Q3 2014, up from 423 in Q2 2014.
- Funds reported $14.5B of BCE stock for Q3 2014, down 5.4% quarter-over-quarter.
- 33 funds opened new BCE positions in Q3 2014 and 16 closed out, a net change of +17 holders.
- The largest BCE buyer in Q3 2014 was Wellington Management Group, an estimated $119M added.
- The largest BCE seller in Q3 2014 was Institutional Capital, an estimated $264M sold.
Based on aggregated 13F filings for Q3 2014.