BCE
534 hedge funds and large institutions have $18.4B invested in BCE in 2021 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 193 increasing their positions, 181 reducing their positions, and 44 closing their positions.
59% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 44
4% more funds holding
Funds holding: 513 → 534 (+21)
7% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 181
3% more capital invested
Capital invested by funds: $17.9B → $18.4B (+$506M)
1.24% less ownership
Funds ownership: 45.87% → 44.63% (-1.2%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
37% less call options, than puts
Call options by funds: $201M | Put options by funds: $320M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$201M |
| 2 |
CCM
Cullen Capital Management
New York
|
+$175M |
| 3 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$76.8M |
| 4 |
Morgan Stanley
New York
|
+$56.2M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$250M |
| 2 |
SCCM
Schafer Cullen Capital Management
New York
|
-$164M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$154M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$151M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$113M |
BCE Hedge Fund Activity: Q1 2021 in Review
534 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q1 2021, worth a combined $18.4B — up 2.8% from $17.9B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new BCE positions and 44 closed out — a net gain of 26 holders — while 193 added to existing stakes and 181 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $201M. The largest seller was Canada Life, cutting an estimated $250M.
- 534 institutional investors held BCE (BCE) as of Q1 2021, up from 513 in Q4 2020.
- Funds reported $18.4B of BCE stock for Q1 2021, up 2.8% quarter-over-quarter.
- 70 funds opened new BCE positions in Q1 2021 and 44 closed out, a net change of +26 holders.
- The largest BCE buyer in Q1 2021 was Mackenzie Financial, an estimated $201M added.
- The largest BCE seller in Q1 2021 was Canada Life, an estimated $250M sold.
Based on aggregated 13F filings for Q1 2021.