BCE
435 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.
25% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 40
23% more capital invested
Capital invested by funds: $14.5B → $17.8B (+$3.34B)
14% more funds holding in top 10
Funds holding in top 10: 22 → 25 (+3)
1% more funds holding
Funds holding: 429 → 435 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$168M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$104M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$60.4M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$56.2M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$48.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$71.7M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$38.1M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$35.5M |
| 4 |
Two Sigma Investments
New York
|
-$35.4M |
| 5 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$29.7M |
BCE Hedge Fund Activity: Q1 2016 in Review
435 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q1 2016, worth a combined $17.8B — up 23% from $14.5B 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.
- 435 institutional investors held BCE (BCE) as of Q1 2016, up from 429 in Q4 2015.
- Funds reported $17.8B of BCE stock for Q1 2016, up 23% 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.