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458 hedge funds and large institutions have $18B invested in BCE in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 185 increasing their positions, 156 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

463% more call options, than puts

Call options by funds: $1.91B | Put options by funds: $339M

52% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 27

19% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 156

2% more funds holding

Funds holding: 448458 (+10)

0% more funds holding in top 10

Funds holding in top 10: 2626 (0)

0.07% less ownership

Funds ownership: 44.85%44.77% (-0.07%)

2% less capital invested

Capital invested by funds: $18.5B → $18B (-$445M)

Holders
458
Holders Change
+10
Holders Change %
+2.23%
% of All Funds
12.22%
Holding in Top 10
26
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.69%
New
41
Increased
185
Reduced
156
Closed
27
Calls
$1.91B
Puts
$339M
Net Calls
+$1.57B
Net Calls Change
+$1.73B
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$3.22B +$73.8M +1,556,500 +2%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.7B +$119M +2,509,980 +7%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$879M +$2.21M +46,648 +0.2%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$738M +$22.3M +471,328 +3%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$595M +$19.3M +406,818 +3%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$571M -$5.43M -114,507 -0.9%
1832 Asset Management
7
1832 Asset Management
Ontario, Canada
$472M +$34.8M +734,926 +8%
Deutsche Bank
8
Deutsche Bank
Germany
$463M +$30.2M +638,006 +7%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$458M +$49.1M +1,036,978 +12%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$415M -$24.3M -512,239 -5%
Capital Research Global Investors
11
Capital Research Global Investors
California
$408M
Canada Life
12
Canada Life
Manitoba, Canada
$348M +$4.56M +96,298 +1%
Franklin Resources
13
Franklin Resources
California
$307M +$395K +8,332 +0.1%
IGIM
14
I.G. Investment Management
Manitoba, Canada
$299M -$41.1M -866,725 -12%
LBA
15
Letko, Brosseau & Associates
Quebec, Canada
$285M -$7.28M -153,595 -2%
Federated Hermes
16
Federated Hermes
Pennsylvania
$279M +$48.8M +1,029,798 +21%
Vanguard Group
17
Vanguard Group
Pennsylvania
$278M +$8.33M +175,815 +3%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$269M +$13.7M +288,346 +5%
Bank of Nova Scotia
19
Bank of Nova Scotia
Ontario, Canada
$241M +$4.23M +89,264 +2%
Bank of America
20
Bank of America
North Carolina
$238M +$28.8M +607,113 +13%
SCCM
21
Schafer Cullen Capital Management
New York
$211M +$7.04M +148,663 +3%
T
22
Thomaspartners
Massachusetts
$206M +$13.3M +280,541 +7%
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$197M -$23.4M -493,010 -10%
AIMCA
24
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$191M +$6.79M +143,300 +5%
Ameriprise
25
Ameriprise
Minnesota
$181M +$23.5M +496,484 +15%

BCE Hedge Fund Activity: Q3 2016 in Review

458 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q3 2016, worth a combined $18B — down 2.4% from $18.5B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new BCE positions and 27 closed out — a net gain of 14 holders — while 185 added to existing stakes and 156 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $119M. The largest seller was Citadel Advisors, cutting an estimated $107M.

  • 458 institutional investors held BCE (BCE) as of Q3 2016, up from 448 in Q2 2016.
  • Funds reported $18B of BCE stock for Q3 2016, down 2.4% quarter-over-quarter.
  • 41 funds opened new BCE positions in Q3 2016 and 27 closed out, a net change of +14 holders.
  • The largest BCE buyer in Q3 2016 was Bank of Montreal, an estimated $119M added.
  • The largest BCE seller in Q3 2016 was Citadel Advisors, an estimated $107M sold.

Based on aggregated 13F filings for Q3 2016.