Scotiabank
BNS
296 hedge funds and large institutions have $22.3B invested in Scotiabank in 2015 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 81 increasing their positions, 181 reducing their positions, and 38 closing their positions.
4% less funds holding
Funds holding: 307 → 296 (-11)
6.03% less ownership
Funds ownership: 53.43% → 47.4% (-6%)
14% less funds holding in top 10
Funds holding in top 10: 44 → 38 (-6)
18% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 38
18% less capital invested
Capital invested by funds: $27.4B → $22.3B (-$5.06B)
55% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 181
95% less call options, than puts
Call options by funds: $111M | Put options by funds: $2.21B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
+$102M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$45M |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$43.6M |
| 5 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$41.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$2.28B |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$698M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$212M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$69.2M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$63M |
BNS Hedge Fund Activity: Q4 2015 in Review
296 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2015, worth a combined $22.3B — down 18% from $27.4B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BNS and 31 opened new positions — a net loss of 7 holders — while 181 trimmed existing stakes and 81 added.
The largest buyer was TIAA CREF Investment Management, opening a new position worth an estimated $102M. The largest seller was CIBC World Market, exiting entirely with an estimated $2.28B sold.
- 296 institutional investors held Scotiabank (BNS) as of Q4 2015, down from 307 in Q3 2015.
- Funds reported $22.3B of Scotiabank stock for Q4 2015, down 18% quarter-over-quarter.
- 31 funds opened new Scotiabank positions in Q4 2015 and 38 closed out, a net change of -7 holders.
- The largest Scotiabank buyer in Q4 2015 was TIAA CREF Investment Management, an estimated $102M added.
- The largest Scotiabank seller in Q4 2015 was CIBC World Market, an estimated $2.28B sold.
Based on aggregated 13F filings for Q4 2015.