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Scotiabank

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.

New
Increased
Maintained
Reduced
Closed

4% less funds holding

Funds holding: 307296 (-11)

6.03% less ownership

Funds ownership: 53.43%47.4% (-6%)

14% less funds holding in top 10

Funds holding in top 10: 4438 (-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

Holders
296
Holders Change
-11
Holders Change %
-3.58%
% of All Funds
7.76%
Holding in Top 10
38
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-13.64%
% of All Funds
1%
New
31
Increased
81
Reduced
181
Closed
38
Calls
$111M
Puts
$2.21B
Net Calls
-$2.1B
Net Calls Change
-$2.1B
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
26
Burgundy Asset Management
Ontario, Canada
$149M -$2.91M -67,470 -2%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$144M +$45M +1,041,476 +40%
Sumitomo Mitsui Trust Group
28
Sumitomo Mitsui Trust Group
Japan
$144M -$998K -23,127 -0.6%
OAC
29
OMERS Administration Corp
Ontario, Canada
$142M +$14.9M +344,411 +11%
AIMCA
30
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$135M +$9.11M +211,129 +9%
UBS AM
31
UBS AM
Illinois
$134M -$14.1M -326,602 -9%
IIM
32
Intact Investment Management
Quebec, Canada
$125M +$3.34M +77,269 +3%
Massachusetts Financial Services
33
Massachusetts Financial Services
Massachusetts
$118M +$4.55M +105,466 +4%
AII
34
AGF Investments Inc
Ontario, Canada
$116M +$1.24M +28,779 +1%
PIC
35
PCJ Investment Counsel
Ontario, Canada
$105M +$2.4M +55,710 +2%
RFC
36
Russell Frank Company
Washington
$104M -$13.4M -310,262 -11%
TCM
37
Tetrem Capital Management
Manitoba, Canada
$102M -$6.61M -153,241 -6%
CAM
38
Cidel Asset Management
Ontario, Canada
$96.9M +$9.42M +218,260 +10%
State of Wisconsin Investment Board
39
State of Wisconsin Investment Board
Wisconsin
$96.1M +$17.5M +406,429 +20%
CS
40
Credit Suisse
Switzerland
$94.5M +$3.09M +71,691 +3%
TCIM
41
TIAA CREF Investment Management
New York
$93.1M +$102M +2,361,237 New
Capital International Investors
42
Capital International Investors
California
$89.2M -$50.4M -1,168,182 -34%
Deutsche Bank
43
Deutsche Bank
Germany
$85.2M +$6.4M +148,326 +7%
Bank of America
44
Bank of America
North Carolina
$83.2M +$2.2M +50,873 +2%
Bank of New York Mellon
45
Bank of New York Mellon
New York
$71.8M -$6.84M -158,566 -8%
AQR Capital Management
46
AQR Capital Management
Connecticut
$69M -$2.72M -63,055 -3%
State of Tennessee, Department of Treasury
47
State of Tennessee, Department of Treasury
Tennessee
$62.1M -$858K -19,872 -1%
AC
48
Addenda Capital
Quebec, Canada
$53.3M -$348K -8,051 -0.6%
Axa
49
Axa
France
$50M -$5.13M -118,892 -9%
EAM
50
Edge Asset Management
Washington
$49.4M +$2.79M +64,685 +5%

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.