BCE
495 hedge funds and large institutions have $15.8B invested in BCE in 2018 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 154 increasing their positions, 218 reducing their positions, and 42 closing their positions.
166% more call options, than puts
Call options by funds: $597M | Put options by funds: $225M
0.75% less ownership
Funds ownership: 44.03% → 43.28% (-0.75%)
2% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 42
2% less funds holding
Funds holding: 503 → 495 (-8)
8% less capital invested
Capital invested by funds: $17.1B → $15.8B (-$1.34B)
28% less funds holding in top 10
Funds holding in top 10: 18 → 13 (-5)
29% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 218
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$335M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$283M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$270M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$102M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$376M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$374M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$131M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$69.8M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$59.9M |
BCE Hedge Fund Activity: Q2 2018 in Review
495 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q2 2018, worth a combined $15.8B — down 7.8% from $17.1B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of BCE and 41 opened new positions — a net loss of 1 holder — while 218 trimmed existing stakes and 154 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $335M. The largest seller was Fidelity Investments, cutting an estimated $376M.
- 495 institutional investors held BCE (BCE) as of Q2 2018, down from 503 in Q1 2018.
- Funds reported $15.8B of BCE stock for Q2 2018, down 7.8% quarter-over-quarter.
- 41 funds opened new BCE positions in Q2 2018 and 42 closed out, a net change of -1 holder.
- The largest BCE buyer in Q2 2018 was Fidelity International, an estimated $335M added.
- The largest BCE seller in Q2 2018 was Fidelity Investments, an estimated $376M sold.
Based on aggregated 13F filings for Q2 2018.