BCE
448 hedge funds and large institutions have $18.5B invested in BCE in 2016 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 185 increasing their positions, 147 reducing their positions, and 27 closing their positions.
70% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 27
26% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 147
4% more funds holding in top 10
Funds holding in top 10: 25 → 26 (+1)
3% more funds holding
Funds holding: 434 → 448 (+14)
4% more capital invested
Capital invested by funds: $17.8B → $18.5B (+$689M)
0.72% more ownership
Funds ownership: 44.12% → 44.85% (+0.72%)
62% less call options, than puts
Call options by funds: $102M | Put options by funds: $268M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$133M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$103M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$99.3M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$48.2M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$33.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$95.8M |
| 2 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$45.4M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$44M |
| 4 |
Renaissance Technologies
New York
|
-$41.4M |
| 5 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$35.8M |
BCE Hedge Fund Activity: Q2 2016 in Review
448 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q2 2016, worth a combined $18.5B — up 3.9% from $17.8B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new BCE positions and 27 closed out — a net gain of 19 holders — while 185 added to existing stakes and 147 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $133M. The largest seller was Arrowstreet Capital, cutting an estimated $95.8M.
- 448 institutional investors held BCE (BCE) as of Q2 2016, up from 434 in Q1 2016.
- Funds reported $18.5B of BCE stock for Q2 2016, up 3.9% quarter-over-quarter.
- 46 funds opened new BCE positions in Q2 2016 and 27 closed out, a net change of +19 holders.
- The largest BCE buyer in Q2 2016 was Citadel Advisors, an estimated $133M added.
- The largest BCE seller in Q2 2016 was Arrowstreet Capital, an estimated $95.8M sold.
Based on aggregated 13F filings for Q2 2016.