BCE
483 hedge funds and large institutions have $15.7B invested in BCE in 2018 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 157 increasing their positions, 210 reducing their positions, and 47 closing their positions.
112% more call options, than puts
Call options by funds: $647M | Put options by funds: $305M
0.31% less ownership
Funds ownership: 43.29% → 42.98% (-0.31%)
1% less capital invested
Capital invested by funds: $15.8B → $15.7B (-$80M)
3% less funds holding
Funds holding: 496 → 483 (-13)
19% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 47
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
25% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 210
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$60.5M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$52.4M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$43.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$43M |
| 5 |
CCM
Cullen Capital Management
New York
|
+$42.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$37.6M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$37.5M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$36.3M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$35M |
| 5 |
Renaissance Technologies
New York
|
-$31.7M |
BCE Hedge Fund Activity: Q3 2018 in Review
483 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q3 2018, worth a combined $15.7B — down 0.51% from $15.8B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of BCE and 38 opened new positions — a net loss of 9 holders — while 210 trimmed existing stakes and 157 added.
The largest buyer was Stifel Financial, adding an estimated $60.5M. The largest seller was CIBC World Market, cutting an estimated $37.6M.
- 483 institutional investors held BCE (BCE) as of Q3 2018, down from 496 in Q2 2018.
- Funds reported $15.7B of BCE stock for Q3 2018, down 0.51% quarter-over-quarter.
- 38 funds opened new BCE positions in Q3 2018 and 47 closed out, a net change of -9 holders.
- The largest BCE buyer in Q3 2018 was Stifel Financial, an estimated $60.5M added.
- The largest BCE seller in Q3 2018 was CIBC World Market, an estimated $37.6M sold.
Based on aggregated 13F filings for Q3 2018.