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Scotiabank

315 hedge funds and large institutions have $30.9B invested in Scotiabank in 2015 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 122 increasing their positions, 113 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 113

0.52% more ownership

Funds ownership: 53.25%53.77% (+0.52%)

0% more funds holding in top 10

Funds holding in top 10: 4242 (0)

3% less funds holding

Funds holding: 325315 (-10)

10% less call options, than puts

Call options by funds: $118M | Put options by funds: $131M

12% less capital invested

Capital invested by funds: $35.1B → $30.9B (-$4.2B)

13% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 40

Holders
315
Holders Change
-10
Holders Change %
-3.08%
% of All Funds
8.4%
Holding in Top 10
42
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
1.12%
New
35
Increased
122
Reduced
113
Closed
40
Calls
$118M
Puts
$131M
Net Calls
-$13.7M
Net Calls Change
+$142M
Name Holding Trade Value Shares
Change
Change in
Stake
Mawer Investment Management
26
Mawer Investment Management
Alberta, Canada
$230M +$3.73M +76,400 +2%
Capital International Investors
27
Capital International Investors
California
$222M +$51.9M +1,063,349 +30%
BAM
28
Burgundy Asset Management
Ontario, Canada
$183M +$2.1M +43,003 +1%
LBA
29
Letko, Brosseau & Associates
Quebec, Canada
$180M +$33.6M +687,966 +22%
JP Morgan Chase
30
JP Morgan Chase
New York
$172M +$48.4M +991,107 +38%
TCM
31
Tetrem Capital Management
Manitoba, Canada
$172M +$8.62M +176,490 +7%
UBS AM
32
UBS AM
Illinois
$167M +$6.02M +123,325 +4%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$164M +$8.02M +164,328 +5%
Massachusetts Financial Services
34
Massachusetts Financial Services
Massachusetts
$160M -$39.1M -800,961 -19%
PIC
35
PCJ Investment Counsel
Ontario, Canada
$149M +$1.25M +25,570 +0.8%
AII
36
AGF Investments Inc
Ontario, Canada
$139M -$5.08M -104,086 -3%
Fidelity Investments
37
Fidelity Investments
Massachusetts
$138M -$102M -2,083,613 -42%
RFC
38
Russell Frank Company
Washington
$136M -$4.12M -84,447 -3%
CS
39
Credit Suisse
Switzerland
$116M +$9.49M +194,466 +9%
CAM
40
Cidel Asset Management
Ontario, Canada
$114M -$6.41M -131,277 -5%
Bank of New York Mellon
41
Bank of New York Mellon
New York
$107M +$1.5M +30,640 +1%
AIMCA
42
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$107M +$19.9M +407,737 +30%
Bank of America
43
Bank of America
North Carolina
$105M +$1.26M +25,759 +1%
State of Wisconsin Investment Board
44
State of Wisconsin Investment Board
Wisconsin
$92.7M -$1.32M -26,943 -1%
IIM
45
Intact Investment Management
Quebec, Canada
$89.2M -$29.1M -595,069 -29%
State of Tennessee, Department of Treasury
46
State of Tennessee, Department of Treasury
Tennessee
$85.2M +$3.94M +80,695 +5%
Deutsche Bank
47
Deutsche Bank
Germany
$83.6M -$163M -3,340,775 -66%
AQR Capital Management
48
AQR Capital Management
Connecticut
$79.2M +$4.44M +90,919 +6%
APG Asset Management
49
APG Asset Management
Netherlands
$75.6M -$11.9M -243,243 -13%
AC
50
Addenda Capital
Quebec, Canada
$65.1M -$1.3M -26,651 -2%

BNS Hedge Fund Activity: Q1 2015 in Review

315 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q1 2015, worth a combined $30.9B — down 12% from $35.1B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of BNS and 35 opened new positions — a net loss of 5 holders — while 113 trimmed existing stakes and 122 added.

The largest buyer was Vanguard Group, opening a new position worth an estimated $663M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $220M sold.

  • 315 institutional investors held Scotiabank (BNS) as of Q1 2015, down from 325 in Q4 2014.
  • Funds reported $30.9B of Scotiabank stock for Q1 2015, down 12% quarter-over-quarter.
  • 35 funds opened new Scotiabank positions in Q1 2015 and 40 closed out, a net change of -5 holders.
  • The largest Scotiabank buyer in Q1 2015 was Vanguard Group, an estimated $663M added.
  • The largest Scotiabank seller in Q1 2015 was Capital Research Global Investors, an estimated $220M sold.

Based on aggregated 13F filings for Q1 2015.