BCE
597 hedge funds and large institutions have $17.5B invested in BCE in 2022 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 240 increasing their positions, 176 reducing their positions, and 48 closing their positions.
75% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 48
36% more repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 176
11% more capital invested
Capital invested by funds: $15.7B → $17.5B (+$1.75B)
4% more funds holding
Funds holding: 573 → 597 (+24)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
0.46% less ownership
Funds ownership: 43.79% → 43.34% (-0.46%)
30% less call options, than puts
Call options by funds: $472M | Put options by funds: $674M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$431M |
| 2 |
Goldman Sachs
New York
|
+$224M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$111M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$52M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$46.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$848M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$233M |
| 3 |
CCM
Cullen Capital Management
New York
|
-$36.6M |
| 4 |
Jane Street
New York
|
-$34M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$33.8M |
BCE Hedge Fund Activity: Q4 2022 in Review
597 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q4 2022, worth a combined $17.5B — up 11% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new BCE positions and 48 closed out — a net gain of 36 holders — while 240 added to existing stakes and 176 trimmed.
The largest buyer was National Bank of Canada, adding an estimated $431M. The largest seller was Royal Bank of Canada, cutting an estimated $848M.
- 597 institutional investors held BCE (BCE) as of Q4 2022, up from 573 in Q3 2022.
- Funds reported $17.5B of BCE stock for Q4 2022, up 11% quarter-over-quarter.
- 84 funds opened new BCE positions in Q4 2022 and 48 closed out, a net change of +36 holders.
- The largest BCE buyer in Q4 2022 was National Bank of Canada, an estimated $431M added.
- The largest BCE seller in Q4 2022 was Royal Bank of Canada, an estimated $848M sold.
Based on aggregated 13F filings for Q4 2022.