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Scotiabank

300 hedge funds and large institutions have $41.7B invested in Scotiabank in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 100 increasing their positions, 171 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more capital invested

Capital invested by funds: $35.3B → $41.7B (+$6.41B)

1.02% more ownership

Funds ownership: 53.77%54.79% (+1%)

2% less funds holding

Funds holding: 305300 (-5)

2% less funds holding in top 10

Funds holding in top 10: 4140 (-1)

11% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 27

41% less call options, than puts

Call options by funds: $107M | Put options by funds: $182M

42% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 171

Holders
300
Holders Change
-5
Holders Change %
-1.64%
% of All Funds
8.62%
Holding in Top 10
40
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-2.44%
% of All Funds
1.15%
New
24
Increased
100
Reduced
171
Closed
27
Calls
$107M
Puts
$182M
Net Calls
-$74.4M
Net Calls Change
-$97.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Mawer Investment Management
26
Mawer Investment Management
Alberta, Canada
$323M -$2.79M -48,291 -0.9%
Caisse de Depot et Placement du Quebec (CDPQ)
27
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$291M +$67.5M +1,166,912 +34%
Massachusetts Financial Services
28
Massachusetts Financial Services
Massachusetts
$287M -$7.42M -128,321 -3%
PIC
29
PCJ Investment Counsel
Ontario, Canada
$268M +$52.8M +913,869 +27%
Capital Research Global Investors
30
Capital Research Global Investors
California
$256M -$2.07M -35,800 -0.9%
Capital International Investors
31
Capital International Investors
California
$227M -$1.83M -31,740 -0.9%
BAM
32
Burgundy Asset Management
Ontario, Canada
$226M +$3.94M +68,179 +2%
AII
33
AGF Investments Inc
Ontario, Canada
$223M -$22.3M -386,470 -10%
RFC
34
Russell Frank Company
Washington
$217M +$14.9M +257,429 +8%
UBS AM
35
UBS AM
Illinois
$209M +$2.59M +44,888 +1%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$199M -$9.23M -159,611 -5%
LBA
37
Letko, Brosseau & Associates
Quebec, Canada
$191M +$7.67M +132,642 +5%
TCM
38
Tetrem Capital Management
Manitoba, Canada
$183M +$81.5K +1,410 +0.1%
CS
39
Credit Suisse
Switzerland
$162M +$39.9M +689,807 +36%
JP Morgan Chase
40
JP Morgan Chase
New York
$140M +$107M +1,857,053 +483%
Bank of America
41
Bank of America
North Carolina
$133M +$5.45M +94,275 +5%
Bank of New York Mellon
42
Bank of New York Mellon
New York
$129M +$37.6M +650,156 +46%
Manulife (Manufacturers Life Insurance)
43
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$129M -$132M -2,278,702 -53%
Capital World Investors
44
Capital World Investors
California
$124M -$1M -17,356 -0.9%
MBI
45
Montrusco Bolton Investments
Quebec, Canada
$115M +$1.51M +26,203 +1%
State of Wisconsin Investment Board
46
State of Wisconsin Investment Board
Wisconsin
$100M +$15M +259,810 +19%
Public Sector Pension Investment Board (PSP Investments)
47
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$99.7M -$6.63M -114,620 -7%
APG Asset Management
48
APG Asset Management
Netherlands
$96.9M +$21.5M +371,681 +32%
IIM
49
Intact Investment Management
Quebec, Canada
$88.1M -$15.1M -261,978 -17%
AIMCA
50
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$85.9M +$7.58M +131,144 +11%

BNS Hedge Fund Activity: Q2 2014 in Review

300 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2014, worth a combined $41.7B — up 18% from $35.3B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of BNS and 24 opened new positions — a net loss of 3 holders — while 171 trimmed existing stakes and 100 added.

The largest buyer was Norges Bank, adding an estimated $613M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $132M.

  • 300 institutional investors held Scotiabank (BNS) as of Q2 2014, down from 305 in Q1 2014.
  • Funds reported $41.7B of Scotiabank stock for Q2 2014, up 18% quarter-over-quarter.
  • 24 funds opened new Scotiabank positions in Q2 2014 and 27 closed out, a net change of -3 holders.
  • The largest Scotiabank buyer in Q2 2014 was Norges Bank, an estimated $613M added.
  • The largest Scotiabank seller in Q2 2014 was Manulife (Manufacturers Life Insurance), an estimated $132M sold.

Based on aggregated 13F filings for Q2 2014.