BCE
493 hedge funds and large institutions have $20.1B invested in BCE in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 176 increasing their positions, 185 reducing their positions, and 55 closing their positions.
24% more funds holding in top 10
Funds holding in top 10: 17 → 21 (+4)
10% more capital invested
Capital invested by funds: $18.2B → $20.1B (+$1.9B)
0.93% more ownership
Funds ownership: 45.14% → 46.06% (+0.93%)
5% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 185
3% less funds holding
Funds holding: 506 → 493 (-13)
20% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 55
56% less call options, than puts
Call options by funds: $183M | Put options by funds: $412M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$375M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$181M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$71.9M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$71M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$61.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$158M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$135M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$105M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$45.6M |
| 5 |
BlackRock
New York
|
-$44.4M |
BCE Hedge Fund Activity: Q3 2019 in Review
493 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q3 2019, worth a combined $20.1B — up 10% from $18.2B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of BCE and 44 opened new positions — a net loss of 11 holders — while 185 trimmed existing stakes and 176 added.
The largest buyer was Fidelity International, adding an estimated $375M. The largest seller was Mawer Investment Management, exiting entirely with an estimated $158M sold.
- 493 institutional investors held BCE (BCE) as of Q3 2019, down from 506 in Q2 2019.
- Funds reported $20.1B of BCE stock for Q3 2019, up 10% quarter-over-quarter.
- 44 funds opened new BCE positions in Q3 2019 and 55 closed out, a net change of -11 holders.
- The largest BCE buyer in Q3 2019 was Fidelity International, an estimated $375M added.
- The largest BCE seller in Q3 2019 was Mawer Investment Management, an estimated $158M sold.
Based on aggregated 13F filings for Q3 2019.