Scotiabank
BNS
460 hedge funds and large institutions have $35.8B invested in Scotiabank in 2025 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 159 increasing their positions, 154 reducing their positions, and 38 closing their positions.
76% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 38
17% more funds holding in top 10
Funds holding in top 10: 23 → 27 (+4)
7% more capital invested
Capital invested by funds: $33.5B → $35.8B (+$2.3B)
6% more funds holding
Funds holding: 433 → 460 (+27)
3% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 154
4.01% less ownership
Funds ownership: 48.59% → 44.57% (-4%)
56% less call options, than puts
Call options by funds: $930M | Put options by funds: $2.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$593M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$414M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$177M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$131M |
| 5 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.51B |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$472M |
| 3 |
JP Morgan Chase
New York
|
-$386M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$355M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$327M |
BNS Hedge Fund Activity: Q3 2025 in Review
460 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2025, worth a combined $35.8B — up 6.9% from $33.5B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new BNS positions and 38 closed out — a net gain of 29 holders — while 159 added to existing stakes and 154 trimmed.
The largest buyer was Fidelity International, adding an estimated $593M. The largest seller was Goldman Sachs, cutting an estimated $1.51B.
- 460 institutional investors held Scotiabank (BNS) as of Q3 2025, up from 433 in Q2 2025.
- Funds reported $35.8B of Scotiabank stock for Q3 2025, up 6.9% quarter-over-quarter.
- 67 funds opened new Scotiabank positions in Q3 2025 and 38 closed out, a net change of +29 holders.
- The largest Scotiabank buyer in Q3 2025 was Fidelity International, an estimated $593M added.
- The largest Scotiabank seller in Q3 2025 was Goldman Sachs, an estimated $1.51B sold.
Based on aggregated 13F filings for Q3 2025.