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450 hedge funds and large institutions have $17.7B invested in BCE in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 181 increasing their positions, 169 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

677% more call options, than puts

Call options by funds: $1.8B | Put options by funds: $232M

7% more repeat investments, than reductions

Existing positions increased: 181 | Existing positions reduced: 169

2% more capital invested

Capital invested by funds: $17.2B → $17.7B (+$425M)

0% more funds holding in top 10

Funds holding in top 10: 1616 (0)

1.23% less ownership

Funds ownership: 45.39%44.16% (-1.2%)

3% less funds holding

Funds holding: 466450 (-16)

17% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 41

Holders
450
Holders Change
-16
Holders Change %
-3.43%
% of All Funds
11.2%
Holding in Top 10
16
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.4%
New
34
Increased
181
Reduced
169
Closed
41
Calls
$1.8B
Puts
$232M
Net Calls
+$1.57B
Net Calls Change
+$132M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.87B -$91.1M -2,067,517 -3%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.7B +$19.9M +450,982 +1%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$789M -$23.4M -530,164 -3%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$691M +$3.52M +79,913 +0.5%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$585M +$10.8M +244,009 +2%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$543M +$18.7M +424,228 +4%
1832 Asset Management
7
1832 Asset Management
Ontario, Canada
$535M -$404M -9,171,059 -43%
Deutsche Bank
8
Deutsche Bank
Germany
$517M -$16M -362,789 -3%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$513M +$53M +1,203,742 +12%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$425M +$51.3M +1,164,894 +14%
Capital Research Global Investors
11
Capital Research Global Investors
California
$383M
Canada Life
12
Canada Life
Manitoba, Canada
$324M -$11.5M -259,905 -3%
Franklin Resources
13
Franklin Resources
California
$317M +$22.4M +508,375 +8%
Vanguard Group
14
Vanguard Group
Pennsylvania
$303M +$24.8M +564,047 +9%
Bank of America
15
Bank of America
North Carolina
$283M +$57.8M +1,311,603 +26%
LBA
16
Letko, Brosseau & Associates
Quebec, Canada
$279M +$976K +22,155 +0.4%
Bank of Nova Scotia
17
Bank of Nova Scotia
Ontario, Canada
$245M +$8.73M +198,084 +4%
T
18
Thomaspartners
Massachusetts
$242M +$26M +589,070 +12%
Schroder Investment Management Group
19
Schroder Investment Management Group
United Kingdom
$237M +$134M +3,047,060 +311%
IGIM
20
I.G. Investment Management
Manitoba, Canada
$236M -$4.53M -102,800 -2%
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$212M +$38.5M +874,782 +22%
Federated Hermes
22
Federated Hermes
Pennsylvania
$210M -$6.99M -158,769 -3%
Ameriprise
23
Ameriprise
Minnesota
$201M +$14.8M +335,623 +8%
RJA
24
Raymond James & Associates
Florida
$158M +$12.1M +274,358 +8%
AIMCA
25
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$158M -$13.1M -297,426 -10%

BCE Hedge Fund Activity: Q1 2017 in Review

450 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q1 2017, worth a combined $17.7B — up 2.5% from $17.2B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of BCE and 34 opened new positions — a net loss of 7 holders — while 169 trimmed existing stakes and 181 added.

The largest buyer was Schroder Investment Management Group, adding an estimated $134M. The largest seller was 1832 Asset Management, cutting an estimated $404M.

  • 450 institutional investors held BCE (BCE) as of Q1 2017, down from 466 in Q4 2016.
  • Funds reported $17.7B of BCE stock for Q1 2017, up 2.5% quarter-over-quarter.
  • 34 funds opened new BCE positions in Q1 2017 and 41 closed out, a net change of -7 holders.
  • The largest BCE buyer in Q1 2017 was Schroder Investment Management Group, an estimated $134M added.
  • The largest BCE seller in Q1 2017 was 1832 Asset Management, an estimated $404M sold.

Based on aggregated 13F filings for Q1 2017.