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537 hedge funds and large institutions have $15.3B invested in BCE in 2023 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 147 increasing their positions, 251 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more call options, than puts

Call options by funds: $212M | Put options by funds: $178M

2% more capital invested

Capital invested by funds: $15B → $15.3B (+$356M)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

0.42% less ownership

Funds ownership: 42.51%42.09% (-0.42%)

4% less funds holding

Funds holding: 562537 (-25)

19% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 74

41% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 251

Holders
537
Holders Change
-25
Holders Change %
-4.45%
% of All Funds
7.83%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
60
Increased
147
Reduced
251
Closed
74
Calls
$212M
Puts
$178M
Net Calls
+$34.5M
Net Calls Change
+$67.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.96B -$246M -6,349,825 -11%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.45B +$71.2M +1,839,674 +6%
National Bank of Canada
3
National Bank of Canada
Quebec, Canada
$643M +$8.56M +221,174 +1%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$632M +$45.9M +1,187,074 +8%
Vanguard Group
5
Vanguard Group
Pennsylvania
$577M +$12.1M +311,902 +2%
Bank of Nova Scotia
6
Bank of Nova Scotia
Ontario, Canada
$577M -$21.5M -555,050 -4%
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$572M +$74.7M +1,930,000 +15%
Fidelity International
8
Fidelity International
Bermuda
$552M +$85.8M +2,217,262 +19%
1832 Asset Management
9
1832 Asset Management
Ontario, Canada
$501M -$1.27M -32,767 -0.3%
Deutsche Bank
10
Deutsche Bank
Germany
$454M +$7.85M +202,779 +2%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$441M +$16.9M +435,681 +4%
SC
12
Scotia Capital
Ontario, Canada
$358M +$11.1M +287,261 +3%
Charles Schwab
13
Charles Schwab
California
$358M +$3M +77,416 +0.8%
Bank of America
14
Bank of America
North Carolina
$341M +$62.6M +1,615,992 +23%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$324M -$108M -2,779,896 -25%
Toronto Dominion Bank
16
Toronto Dominion Bank
Ontario, Canada
$307M +$4.67M +120,613 +2%
Morgan Stanley
17
Morgan Stanley
New York
$268M +$140M +3,627,447 +114%
JP Morgan Chase
18
JP Morgan Chase
New York
$186M +$12M +309,236 +7%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$181M -$13.9M -357,901 -7%
TWC
20
TD Waterhouse Canada
Ontario, Canada
$170M -$27.2M -703,286 -18%
CIBC Asset Management
21
CIBC Asset Management
Ontario, Canada
$169M +$2.65M +68,433 +2%
Goldman Sachs
22
Goldman Sachs
New York
$169M +$105M +2,708,625 +172%
Canada Pension Plan Investment Board
23
Canada Pension Plan Investment Board
Ontario, Canada
$165M +$68.1M +1,760,000 +73%
American Century Companies
24
American Century Companies
Missouri
$162M +$20.6M +532,017 +15%
Federated Hermes
25
Federated Hermes
Pennsylvania
$147M -$18.4M -475,399 -11%

BCE Hedge Fund Activity: Q4 2023 in Review

537 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q4 2023, worth a combined $15.3B — up 2.4% from $15B a quarter earlier.

Sellers outnumbered buyers: 74 funds closed out of BCE and 60 opened new positions — a net loss of 14 holders — while 251 trimmed existing stakes and 147 added.

The largest buyer was Morgan Stanley, adding an estimated $140M. The largest seller was Royal Bank of Canada, cutting an estimated $246M.

  • 537 institutional investors held BCE (BCE) as of Q4 2023, down from 562 in Q3 2023.
  • Funds reported $15.3B of BCE stock for Q4 2023, up 2.4% quarter-over-quarter.
  • 60 funds opened new BCE positions in Q4 2023 and 74 closed out, a net change of -14 holders.
  • The largest BCE buyer in Q4 2023 was Morgan Stanley, an estimated $140M added.
  • The largest BCE seller in Q4 2023 was Royal Bank of Canada, an estimated $246M sold.

Based on aggregated 13F filings for Q4 2023.