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385 hedge funds and large institutions have $20.5B invested in BCE in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 151 increasing their positions, 138 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more capital invested

Capital invested by funds: $12.7B → $20.5B (+$7.78B)

22% more call options, than puts

Call options by funds: $59.3M | Put options by funds: $48.8M

9% more repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 138

0.38% more ownership

Funds ownership: 39.99%40.37% (+0.38%)

3% less funds holding

Funds holding: 395385 (-10)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

14% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 44

Holders
385
Holders Change
-10
Holders Change %
-2.53%
% of All Funds
12.48%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.62%
New
38
Increased
151
Reduced
138
Closed
44
Calls
$59.3M
Puts
$48.8M
Net Calls
+$10.5M
Net Calls Change
+$25.7M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$7.14B -$5.44M -130,768 Closed
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$2.5B +$35.8M +859,959 +1%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$1.34B +$124M +2,977,880 +10%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$688M +$27.5M +661,749 +4%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$639M -$16.2M -389,876 -3%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$580M -$6.42M -154,430 -1%
CIBC Asset Management
7
CIBC Asset Management
Ontario, Canada
$438M -$8.04M -193,325 -2%
IGIM
8
I.G. Investment Management
Manitoba, Canada
$380M -$6.17M -148,200 -2%
LBA
9
Letko, Brosseau & Associates
Quebec, Canada
$376M -$20.1M -483,034 -5%
Bank of America
10
Bank of America
North Carolina
$324M +$41.5M +997,692 +15%
Franklin Resources
11
Franklin Resources
California
$317M +$177M +4,244,505 +134%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$284M -$59.5M -1,429,725 -18%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$277M -$59.6M -1,432,673 -18%
IC
14
Institutional Capital
Illinois
$276M -$1.71M -41,029 -0.6%
Deutsche Bank
15
Deutsche Bank
Germany
$244M -$27.5M -661,859 -10%
Canada Life
16
Canada Life
Manitoba, Canada
$215M -$513K -12,324 -0.2%
Bank of Nova Scotia
17
Bank of Nova Scotia
Ontario, Canada
$200M -$996K -23,931 -0.5%
SCCM
18
Schafer Cullen Capital Management
New York
$164M +$2.04M +49,055 +1%
Mackenzie Financial
19
Mackenzie Financial
Ontario, Canada
$154M -$46.1M -1,107,642 -24%
Public Sector Pension Investment Board (PSP Investments)
20
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$146M +$10.4M +251,100 +8%
SC
21
Scotia Capital
Ontario, Canada
$124M +$36.6M +880,401 +43%
MIP
22
Mondrian Investment Partners
United Kingdom
$116M +$24M +575,900 +28%
Morgan Stanley
23
Morgan Stanley
New York
$115M +$4.69M +112,661 +4%
WHRC
24
W.H. Reaves & Co
New Jersey
$113M +$12.2M +294,336 +13%
SAM
25
Scotia Asset Management
Ontario, Canada
$108M -$17M -408,934 -14%

BCE Hedge Fund Activity: Q3 2013 in Review

385 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q3 2013, worth a combined $20.5B — up 61% from $12.7B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of BCE and 38 opened new positions — a net loss of 6 holders — while 138 trimmed existing stakes and 151 added.

The largest buyer was Franklin Resources, adding an estimated $177M. The largest seller was 1832 Asset Management, cutting an estimated $59.6M.

  • 385 institutional investors held BCE (BCE) as of Q3 2013, down from 395 in Q2 2013.
  • Funds reported $20.5B of BCE stock for Q3 2013, up 61% quarter-over-quarter.
  • 38 funds opened new BCE positions in Q3 2013 and 44 closed out, a net change of -6 holders.
  • The largest BCE buyer in Q3 2013 was Franklin Resources, an estimated $177M added.
  • The largest BCE seller in Q3 2013 was 1832 Asset Management, an estimated $59.6M sold.

Based on aggregated 13F filings for Q3 2013.