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503 hedge funds and large institutions have $17.1B invested in BCE in 2018 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 180 increasing their positions, 194 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more call options, than puts

Call options by funds: $633M | Put options by funds: $254M

12% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 43

0% more funds holding

Funds holding: 503503 (0)

7% less repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 194

1.39% less ownership

Funds ownership: 45.42%44.03% (-1.4%)

13% less capital invested

Capital invested by funds: $19.7B → $17.1B (-$2.52B)

14% less funds holding in top 10

Funds holding in top 10: 2118 (-3)

Holders
503
Holders Change
Holders Change %
0%
% of All Funds
11.53%
Holding in Top 10
18
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-14.29%
% of All Funds
0.41%
New
48
Increased
180
Reduced
194
Closed
43
Calls
$633M
Puts
$254M
Net Calls
+$380M
Net Calls Change
-$705M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.94B +$31.1M +691,828 +1%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.43B -$67M -1,490,226 -4%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$810M +$23.3M +518,955 +3%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$692M +$72.5M +1,612,379 +11%
Capital Research Global Investors
5
Capital Research Global Investors
California
$595M
Deutsche Bank
6
Deutsche Bank
Germany
$517M -$6.41M -142,737 -1%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$491M -$307M -6,822,400 -37%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$421M -$53.4M -1,188,000 -11%
1832 Asset Management
9
1832 Asset Management
Ontario, Canada
$407M -$191M -4,259,828 -31%
Franklin Resources
10
Franklin Resources
California
$333M +$921K +20,495 +0.3%
Vanguard Group
11
Vanguard Group
Pennsylvania
$328M +$1.92M +42,834 +0.6%
Canada Life
12
Canada Life
Manitoba, Canada
$322M +$3.6M +80,209 +1%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$305M +$10.6M +235,130 +3%
T
14
Thomaspartners
Massachusetts
$281M +$13.7M +304,061 +5%
LBA
15
Letko, Brosseau & Associates
Quebec, Canada
$279M +$9.71M +216,022 +3%
Bank of America
16
Bank of America
North Carolina
$272M -$25.6M -568,701 -8%
Toronto Dominion Bank
17
Toronto Dominion Bank
Ontario, Canada
$263M -$12.6M -279,601 -4%
Schroder Investment Management Group
18
Schroder Investment Management Group
United Kingdom
$240M +$79M +1,758,552 +68%
APG Asset Management
19
APG Asset Management
Netherlands
$227M +$10.9M +241,900 +4%
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$220M +$1.46M +32,510 +0.6%
CIBC Asset Management
21
CIBC Asset Management
Ontario, Canada
$220M +$45.2M +1,004,868 +24%
Federated Hermes
22
Federated Hermes
Pennsylvania
$195M -$20.6M -458,126 -9%
Ameriprise
23
Ameriprise
Minnesota
$193M +$1.54M +34,262 +0.8%
Mackenzie Financial
24
Mackenzie Financial
Ontario, Canada
$192M -$38.2M -849,686 -16%
SC
25
Scotia Capital
Ontario, Canada
$177M +$6.82M +151,806 +4%

BCE Hedge Fund Activity: Q1 2018 in Review

503 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q1 2018, worth a combined $17.1B — down 13% from $19.7B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new BCE positions and 43 closed out — a net gain of 5 holders — while 180 added to existing stakes and 194 trimmed.

The largest buyer was Schroder Investment Management Group, adding an estimated $79M. The largest seller was Wellington Management Group, cutting an estimated $307M.

  • 503 institutional investors held BCE (BCE) as of Q1 2018, unchanged from Q4 2017.
  • Funds reported $17.1B of BCE stock for Q1 2018, down 13% quarter-over-quarter.
  • 48 funds opened new BCE positions in Q1 2018 and 43 closed out, a net change of +5 holders.
  • The largest BCE buyer in Q1 2018 was Schroder Investment Management Group, an estimated $79M added.
  • The largest BCE seller in Q1 2018 was Wellington Management Group, an estimated $307M sold.

Based on aggregated 13F filings for Q1 2018.