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Scotiabank

307 hedge funds and large institutions have $27.4B invested in Scotiabank in 2015 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 93 increasing their positions, 177 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more call options, than puts

Call options by funds: $111M | Put options by funds: $111M

0.26% less ownership

Funds ownership: 53.69%53.43% (-0.26%)

8% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 37

2% less funds holding

Funds holding: 313307 (-6)

2% less funds holding in top 10

Funds holding in top 10: 4544 (-1)

14% less capital invested

Capital invested by funds: $31.8B → $27.4B (-$4.39B)

47% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 177

Holders
307
Holders Change
-6
Holders Change %
-1.92%
% of All Funds
8.57%
Holding in Top 10
44
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-2.22%
% of All Funds
1.23%
New
34
Increased
93
Reduced
177
Closed
37
Calls
$111M
Puts
$111M
Net Calls
+$578K
Net Calls Change
-$81.7M
Name Holding Trade Value Shares
Change
Change in
Stake
GMI
26
Greystone Managed Investments
Saskatchewan, Canada
$182M -$17.4M -386,694 -8%
SRAIM
27
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$173M -$22.4M -497,636 -11%
BAM
28
Burgundy Asset Management
Ontario, Canada
$164M +$1.75M +38,823 +1%
UBS AM
29
UBS AM
Illinois
$158M +$1.73M +38,387 +1%
TCM
30
Tetrem Capital Management
Manitoba, Canada
$155M -$3.8M -84,440 -3%
Sumitomo Mitsui Trust Group
31
Sumitomo Mitsui Trust Group
Japan
$151M +$5.51M +122,432 +4%
Capital International Investors
32
Capital International Investors
California
$146M -$54M -1,199,219 -26%
OAC
33
OMERS Administration Corp
Ontario, Canada
$138M +$146M +3,252,329 New
AIMCA
34
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$128M -$6.38M -141,841 -6%
IIM
35
Intact Investment Management
Quebec, Canada
$126M +$26.7M +592,958 +37%
AII
36
AGF Investments Inc
Ontario, Canada
$123M -$19.5M -433,852 -13%
Massachusetts Financial Services
37
Massachusetts Financial Services
Massachusetts
$123M -$7.56M -167,988 -5%
RFC
38
Russell Frank Company
Washington
$122M -$39M -865,746 -23%
Fidelity Investments
39
Fidelity Investments
Massachusetts
$111M -$6.71M -149,242 -5%
PIC
40
PCJ Investment Counsel
Ontario, Canada
$111M +$1.1M +24,350 +0.9%
CS
41
Credit Suisse
Switzerland
$98.7M -$267K -5,945 -0.3%
CAM
42
Cidel Asset Management
Ontario, Canada
$94.6M -$4.48M -99,664 -4%
JP Morgan Chase
43
JP Morgan Chase
New York
$93.1M -$48.1M -1,068,951 -33%
Bank of America
44
Bank of America
North Carolina
$87.4M -$7.37M -163,915 -7%
State of Wisconsin Investment Board
45
State of Wisconsin Investment Board
Wisconsin
$86.1M -$2.63M -58,521 -3%
Deutsche Bank
46
Deutsche Bank
Germany
$85.4M +$18.1M +403,056 +25%
Bank of New York Mellon
47
Bank of New York Mellon
New York
$84M -$1.38M -30,739 -2%
AQR Capital Management
48
AQR Capital Management
Connecticut
$76.9M +$6.11M +135,790 +8%
State of Tennessee, Department of Treasury
49
State of Tennessee, Department of Treasury
Tennessee
$67.7M -$8.08M -179,605 -10%
APG Asset Management
50
APG Asset Management
Netherlands
$60M -$4.55M -101,234 -7%

BNS Hedge Fund Activity: Q3 2015 in Review

307 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2015, worth a combined $27.4B — down 14% from $31.8B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of BNS and 34 opened new positions — a net loss of 3 holders — while 177 trimmed existing stakes and 93 added.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $293M. The largest seller was Toronto Dominion Bank, cutting an estimated $311M.

  • 307 institutional investors held Scotiabank (BNS) as of Q3 2015, down from 313 in Q2 2015.
  • Funds reported $27.4B of Scotiabank stock for Q3 2015, down 14% quarter-over-quarter.
  • 34 funds opened new Scotiabank positions in Q3 2015 and 37 closed out, a net change of -3 holders.
  • The largest Scotiabank buyer in Q3 2015 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $293M added.
  • The largest Scotiabank seller in Q3 2015 was Toronto Dominion Bank, an estimated $311M sold.

Based on aggregated 13F filings for Q3 2015.