BCE
466 hedge funds and large institutions have $17.2B invested in BCE in 2016 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 177 increasing their positions, 151 reducing their positions, and 41 closing their positions.
489% more call options, than puts
Call options by funds: $1.73B | Put options by funds: $295M
37% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 41
17% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 151
2% more funds holding
Funds holding: 458 → 466 (+8)
0.62% more ownership
Funds ownership: 44.77% → 45.39% (+0.62%)
4% less capital invested
Capital invested by funds: $18B → $17.2B (-$787M)
38% less funds holding in top 10
Funds holding in top 10: 26 → 16 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$487M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$89.1M |
| 3 |
Goldman Sachs
New York
|
+$77.9M |
| 4 |
CCM
Cullen Capital Management
New York
|
+$43.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$43.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$122M |
| 2 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$112M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$83.3M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$49.8M |
| 5 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$46.5M |
BCE Hedge Fund Activity: Q4 2016 in Review
466 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q4 2016, worth a combined $17.2B — down 4.4% from $18B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new BCE positions and 41 closed out — a net gain of 15 holders — while 177 added to existing stakes and 151 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $487M. The largest seller was Royal Bank of Canada, cutting an estimated $122M.
- 466 institutional investors held BCE (BCE) as of Q4 2016, up from 458 in Q3 2016.
- Funds reported $17.2B of BCE stock for Q4 2016, down 4.4% quarter-over-quarter.
- 56 funds opened new BCE positions in Q4 2016 and 41 closed out, a net change of +15 holders.
- The largest BCE buyer in Q4 2016 was 1832 Asset Management, an estimated $487M added.
- The largest BCE seller in Q4 2016 was Royal Bank of Canada, an estimated $122M sold.
Based on aggregated 13F filings for Q4 2016.