BCE
506 hedge funds and large institutions have $18.2B invested in BCE in 2019 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 196 increasing their positions, 176 reducing their positions, and 53 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 176
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
3% more capital invested
Capital invested by funds: $17.8B → $18.2B (+$448M)
0.76% more ownership
Funds ownership: 44.38% → 45.14% (+0.76%)
3% less funds holding
Funds holding: 524 → 506 (-18)
21% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 53
44% less call options, than puts
Call options by funds: $184M | Put options by funds: $328M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$173M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$127M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$63.9M |
| 4 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
+$61.9M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$58.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$261M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$90.3M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$53.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$48.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$42.1M |
BCE Hedge Fund Activity: Q2 2019 in Review
506 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q2 2019, worth a combined $18.2B — up 2.5% from $17.8B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of BCE and 42 opened new positions — a net loss of 11 holders — while 176 trimmed existing stakes and 196 added.
The largest buyer was Toronto Dominion Bank, adding an estimated $173M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $261M.
- 506 institutional investors held BCE (BCE) as of Q2 2019, down from 524 in Q1 2019.
- Funds reported $18.2B of BCE stock for Q2 2019, up 2.5% quarter-over-quarter.
- 42 funds opened new BCE positions in Q2 2019 and 53 closed out, a net change of -11 holders.
- The largest BCE buyer in Q2 2019 was Toronto Dominion Bank, an estimated $173M added.
- The largest BCE seller in Q2 2019 was Manulife (Manufacturers Life Insurance), an estimated $261M sold.
Based on aggregated 13F filings for Q2 2019.