BCE
548 hedge funds and large institutions have $18.9B invested in BCE in 2019 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 180 increasing their positions, 185 reducing their positions, and 33 closing their positions.
203% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 33
11% more funds holding
Funds holding: 493 → 548 (+55)
3% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 185
1.03% less ownership
Funds ownership: 46.06% → 45.04% (-1%)
6% less capital invested
Capital invested by funds: $20.1B → $18.9B (-$1.22B)
19% less funds holding in top 10
Funds holding in top 10: 21 → 17 (-4)
43% less call options, than puts
Call options by funds: $176M | Put options by funds: $307M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$112M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$91.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$55.5M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$42.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$39.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$143M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$109M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$94.7M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$71.4M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$65.6M |
BCE Hedge Fund Activity: Q4 2019 in Review
548 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q4 2019, worth a combined $18.9B — down 6% from $20.1B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new BCE positions and 33 closed out — a net gain of 67 holders — while 180 added to existing stakes and 185 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $112M. The largest seller was Citadel Advisors, cutting an estimated $143M.
- 548 institutional investors held BCE (BCE) as of Q4 2019, up from 493 in Q3 2019.
- Funds reported $18.9B of BCE stock for Q4 2019, down 6% quarter-over-quarter.
- 100 funds opened new BCE positions in Q4 2019 and 33 closed out, a net change of +67 holders.
- The largest BCE buyer in Q4 2019 was Bank of Nova Scotia, an estimated $112M added.
- The largest BCE seller in Q4 2019 was Citadel Advisors, an estimated $143M sold.
Based on aggregated 13F filings for Q4 2019.