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493 hedge funds and large institutions have $15.6B invested in BCE in 2018 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 159 increasing their positions, 196 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more funds holding in top 10

Funds holding in top 10: 1016 (+6)

30% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 50

2% more funds holding

Funds holding: 483493 (+10)

1.28% more ownership

Funds ownership: 42.98%44.26% (+1.3%)

0% less capital invested

Capital invested by funds: $15.7B → $15.6B (-$69M)

16% less call options, than puts

Call options by funds: $203M | Put options by funds: $241M

19% less repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 196

Holders
493
Holders Change
+10
Holders Change %
+2.07%
% of All Funds
10.98%
Holding in Top 10
16
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+60%
% of All Funds
0.36%
New
65
Increased
159
Reduced
196
Closed
50
Calls
$203M
Puts
$241M
Net Calls
-$38.6M
Net Calls Change
-$380M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.88B +$144M +3,521,787 +5%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$895M -$113M -2,757,393 -11%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$690M -$3.12M -76,247 -0.4%
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$671M +$170M +4,164,674 +32%
Capital Research Global Investors
5
Capital Research Global Investors
California
$525M +$118M +2,891,886 +28%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$524M -$9.89M -241,524 -2%
Fidelity International
7
Fidelity International
Bermuda
$496M +$183M +4,470,368 +55%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$492M +$36.5M +890,742 +8%
Deutsche Bank
9
Deutsche Bank
Germany
$447M -$37.1M -905,223 -7%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$441M +$17.1M +416,845 +4%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$350M +$20.7M +506,546 +6%
Vanguard Group
12
Vanguard Group
Pennsylvania
$340M +$21.4M +522,620 +6%
Toronto Dominion Bank
13
Toronto Dominion Bank
Ontario, Canada
$319M -$2.27M -55,502 -0.7%
Canada Life
14
Canada Life
Manitoba, Canada
$308M +$40.5M +988,906 +15%
Franklin Resources
15
Franklin Resources
California
$306M -$2.24M -54,832 -0.7%
LBA
16
Letko, Brosseau & Associates
Quebec, Canada
$283M +$20.2M +493,137 +7%
CSIA
17
Charles Schwab Investment Advisory
California
$283M +$8.68M +212,106 +3%
Bank of America
18
Bank of America
North Carolina
$219M -$27.4M -669,119 -11%
SC
19
Scotia Capital
Ontario, Canada
$201M +$19.1M +466,069 +10%
CIBC Asset Management
20
CIBC Asset Management
Ontario, Canada
$181M -$39.3M -960,964 -17%
Ameriprise
21
Ameriprise
Minnesota
$167M -$15.7M -382,742 -8%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$158M +$106M +2,588,027 +184%
APG Asset Management
23
APG Asset Management
Netherlands
$150M -$61.1M -1,492,985 -26%
SCCM
24
Schafer Cullen Capital Management
New York
$136M -$17M -414,710 -11%
Acadian Asset Management
25
Acadian Asset Management
Massachusetts
$134M +$6.25M +152,753 +5%

BCE Hedge Fund Activity: Q4 2018 in Review

493 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q4 2018, worth a combined $15.6B — down 0.44% from $15.7B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new BCE positions and 50 closed out — a net gain of 15 holders — while 159 added to existing stakes and 196 trimmed.

The largest buyer was Fidelity International, adding an estimated $183M. The largest seller was Bank of Montreal, cutting an estimated $113M.

  • 493 institutional investors held BCE (BCE) as of Q4 2018, up from 483 in Q3 2018.
  • Funds reported $15.6B of BCE stock for Q4 2018, down 0.44% quarter-over-quarter.
  • 65 funds opened new BCE positions in Q4 2018 and 50 closed out, a net change of +15 holders.
  • The largest BCE buyer in Q4 2018 was Fidelity International, an estimated $183M added.
  • The largest BCE seller in Q4 2018 was Bank of Montreal, an estimated $113M sold.

Based on aggregated 13F filings for Q4 2018.