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434 hedge funds and large institutions have $17.8B invested in BCE in 2016 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 161 increasing their positions, 171 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 40

20% more capital invested

Capital invested by funds: $14.8B → $17.8B (+$2.96B)

14% more funds holding in top 10

Funds holding in top 10: 2225 (+3)

1% more funds holding

Funds holding: 428434 (+6)

0.4% more ownership

Funds ownership: 43.72%44.12% (+0.4%)

6% less repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 171

57% less call options, than puts

Call options by funds: $90.1M | Put options by funds: $208M

Holders
434
Holders Change
+6
Holders Change %
+1.4%
% of All Funds
11.56%
Holding in Top 10
25
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+13.64%
% of All Funds
0.67%
New
50
Increased
161
Reduced
171
Closed
40
Calls
$90.1M
Puts
$208M
Net Calls
-$117M
Net Calls Change
-$18.6M
Name Holding Trade Value Shares
Change
Change in
Stake
RFC
51
Russell Frank Company
Washington
$66.2M +$14.5M +347,316 +31%
Legal & General Group
52
Legal & General Group
United Kingdom
$65.1M +$1.32M +31,633 +2%
AII
53
AGF Investments Inc
Ontario, Canada
$62.4M -$35.5M -851,191 -38%
Mawer Investment Management
54
Mawer Investment Management
Alberta, Canada
$61.2M +$56.2M +1,346,121 New
GF
55
Gabelli Funds
New York
$61M -$3.72M -89,000 -6%
WHRC
56
W.H. Reaves & Co
New Jersey
$59.2M +$2.65M +63,450 +5%
BONST
57
Bank of Nova Scotia Trust
Ontario, Canada
$57.8M +$1.7M +40,768 +3%
H
58
Hexavest
Quebec, Canada
$56.2M -$808K -19,345 -2%
TCIM
59
TIAA CREF Investment Management
New York
$54.2M -$2.07M -49,645 -4%
State of Tennessee, Department of Treasury
60
State of Tennessee, Department of Treasury
Tennessee
$48.4M
UBS AM
61
UBS AM
Illinois
$47.8M +$3.65M +87,526 +9%
CCMIC
62
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$47M +$722K +17,300 +2%
UBS Group
63
UBS Group
Switzerland
$46.1M +$598K +14,330 +1%
Invesco
64
Invesco
Georgia
$41.4M -$2.66M -63,685 -7%
SIA
65
Sit Investment Associates
Minnesota
$40.7M -$11.2M -268,645 -23%
Swiss National Bank
66
Swiss National Bank
Switzerland
$40M +$6.08M +145,600 +19%
MHI
67
Miller Howard Investments
New York
$34.9M -$2.12M -50,716 -6%
CCM
68
Cullen Capital Management
New York
$34.5M +$593K +14,200 +2%
O
69
OppenheimerFunds
New York
$34.1M +$3.62M +86,699 +13%
DekaBank Deutsche Girozentrale
70
DekaBank Deutsche Girozentrale
Germany
$33.8M -$5.93M -141,925 -16%
Two Sigma Investments
71
Two Sigma Investments
New York
$33.2M -$35.4M -847,680 -54%
CA
72
Commerzbank Aktiengesellschaft
Germany
$33.2M +$3.1M +74,230 +11%
SAM
73
Shell Asset Management
Netherlands
$24.4M -$1.42M -33,986 -8%
GCC
74
Guardian Capital (Canada)
Ontario, Canada
$24.3M +$21.9M +523,308 +5,382%
JFL
75
Jarislowsky, Fraser Ltd
Quebec, Canada
$23.7M +$974K +23,320 +5%

BCE Hedge Fund Activity: Q1 2016 in Review

434 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q1 2016, worth a combined $17.8B — up 20% from $14.8B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new BCE positions and 40 closed out — a net gain of 10 holders — while 161 added to existing stakes and 171 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $168M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $71.7M sold.

  • 434 institutional investors held BCE (BCE) as of Q1 2016, up from 428 in Q4 2015.
  • Funds reported $17.8B of BCE stock for Q1 2016, up 20% quarter-over-quarter.
  • 50 funds opened new BCE positions in Q1 2016 and 40 closed out, a net change of +10 holders.
  • The largest BCE buyer in Q1 2016 was Fidelity Investments, an estimated $168M added.
  • The largest BCE seller in Q1 2016 was Mackenzie Financial, an estimated $71.7M sold.

Based on aggregated 13F filings for Q1 2016.