BCE
401 hedge funds and large institutions have $9.17B invested in BCE in 2025 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 131 increasing their positions, 149 reducing their positions, and 67 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more capital invested
Capital invested by funds: $8.54B → $9.17B (+$638M)
3% more ownership
Funds ownership: 40.28% → 43.29% (+3%)
7% less funds holding
Funds holding: 429 → 401 (-28)
12% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 149
28% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 67
48% less call options, than puts
Call options by funds: $469M | Put options by funds: $899M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$173M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$158M |
| 3 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$122M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$113M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$93.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$52.6M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$35.8M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$28.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$28.1M |
| 5 |
Jane Street
New York
|
-$20.9M |
BCE Hedge Fund Activity: Q1 2025 in Review
401 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in BCE (BCE) for Q1 2025, worth a combined $9.17B — up 7.5% from $8.54B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of BCE and 48 opened new positions — a net loss of 19 holders — while 149 trimmed existing stakes and 131 added.
The largest buyer was Goldman Sachs, adding an estimated $173M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $52.6M.
- 401 institutional investors held BCE (BCE) as of Q1 2025, down from 429 in Q4 2024.
- Funds reported $9.17B of BCE stock for Q1 2025, up 7.5% quarter-over-quarter.
- 48 funds opened new BCE positions in Q1 2025 and 67 closed out, a net change of -19 holders.
- The largest BCE buyer in Q1 2025 was Goldman Sachs, an estimated $173M added.
- The largest BCE seller in Q1 2025 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $52.6M sold.
Based on aggregated 13F filings for Q1 2025.