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539 hedge funds and large institutions have $12.2B invested in BCE in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 161 increasing their positions, 233 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 56

0% more funds holding

Funds holding: 537539 (+2)

3.3% less ownership

Funds ownership: 42.09%38.79% (-3.3%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

20% less capital invested

Capital invested by funds: $15.3B → $12.2B (-$3.09B)

31% less repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 233

54% less call options, than puts

Call options by funds: $182M | Put options by funds: $397M

Holders
539
Holders Change
+2
Holders Change %
+0.37%
% of All Funds
7.76%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.09%
New
62
Increased
161
Reduced
233
Closed
56
Calls
$182M
Puts
$397M
Net Calls
-$215M
Net Calls Change
-$249M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.57B -$134M -3,526,025 -7%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.26B -$24.7M -649,410 -2%
CIBC World Market
3
CIBC World Market
Ontario, Canada
$593M +$53.4M +1,403,535 +9%
Caisse de Depot et Placement du Quebec (CDPQ)
4
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$592M +$112M +2,944,888 +20%
Fidelity International
5
Fidelity International
Bermuda
$549M +$81.2M +2,134,808 +15%
National Bank of Canada
6
National Bank of Canada
Quebec, Canada
$546M +$6.34M +166,552 +1%
Vanguard Group
7
Vanguard Group
Pennsylvania
$500M +$3.08M +80,879 +0.6%
Bank of Nova Scotia
8
Bank of Nova Scotia
Ontario, Canada
$492M -$6.14M -161,379 -1%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$374M -$5.81M -152,594 -1%
SC
10
Scotia Capital
Ontario, Canada
$309M +$356K +9,365 +0.1%
Goldman Sachs
11
Goldman Sachs
New York
$296M +$169M +4,427,600 +103%
Bank of America
12
Bank of America
North Carolina
$271M -$26.1M -685,177 -8%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$259M -$195M -5,122,632 -40%
Toronto Dominion Bank
14
Toronto Dominion Bank
Ontario, Canada
$237M -$31.8M -836,377 -11%
CCM
15
Cullen Capital Management
New York
$182M +$67.7M +1,778,501 +50%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$172M -$121M -3,180,336 -39%
JP Morgan Chase
17
JP Morgan Chase
New York
$164M +$4.56M +119,777 +3%
Charles Schwab
18
Charles Schwab
California
$160M -$175M -4,607,537 -49%
CIBC Asset Management
19
CIBC Asset Management
Ontario, Canada
$152M +$7.05M +185,205 +4%
Deutsche Bank
20
Deutsche Bank
Germany
$146M -$276M -7,256,390 -63%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$131M -$28.3M -742,654 -16%
TWC
22
TD Waterhouse Canada
Ontario, Canada
$128M -$9.01M -236,822 -8%
FDCDDQ
23
Federation des caisses Desjardins du Quebec
Quebec, Canada
$128M +$7.21M +189,408 +7%
Morgan Stanley
24
Morgan Stanley
New York
$123M -$121M -3,187,506 -47%
LBA
25
Letko, Brosseau & Associates
Quebec, Canada
$117M +$2.52M +66,297 +2%

BCE Hedge Fund Activity: Q1 2024 in Review

539 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q1 2024, worth a combined $12.2B — down 20% from $15.3B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new BCE positions and 56 closed out — a net gain of 6 holders — while 161 added to existing stakes and 233 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $169M. The largest seller was Deutsche Bank, cutting an estimated $276M.

  • 539 institutional investors held BCE (BCE) as of Q1 2024, up from 537 in Q4 2023.
  • Funds reported $12.2B of BCE stock for Q1 2024, down 20% quarter-over-quarter.
  • 62 funds opened new BCE positions in Q1 2024 and 56 closed out, a net change of +6 holders.
  • The largest BCE buyer in Q1 2024 was Goldman Sachs, an estimated $169M added.
  • The largest BCE seller in Q1 2024 was Deutsche Bank, an estimated $276M sold.

Based on aggregated 13F filings for Q1 2024.