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Scotiabank

346 hedge funds and large institutions have $35.6B invested in Scotiabank in 2016 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 123 increasing their positions, 101 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 20

105% more call options, than puts

Call options by funds: $127M | Put options by funds: $61.7M

22% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 101

11% more funds holding

Funds holding: 311346 (+35)

9% more capital invested

Capital invested by funds: $32.6B → $35.6B (+$2.99B)

1.8% more ownership

Funds ownership: 50.91%52.72% (+1.8%)

0% more funds holding in top 10

Funds holding in top 10: 4444 (0)

Holders
346
Holders Change
+35
Holders Change %
+11.25%
% of All Funds
8.65%
Holding in Top 10
44
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
1.1%
New
62
Increased
123
Reduced
101
Closed
20
Calls
$127M
Puts
$61.7M
Net Calls
+$65M
Net Calls Change
-$18.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
26
Invesco
Georgia
$330M -$2.91M -53,303 -0.9%
Legal & General Group
27
Legal & General Group
United Kingdom
$320M +$102K +1,866 +0%
Mawer Investment Management
28
Mawer Investment Management
Alberta, Canada
$245M -$198K -3,631 -0.1%
Sumitomo Mitsui Trust Group
29
Sumitomo Mitsui Trust Group
Japan
$194M -$3.05M -55,872 -2%
BAM
30
Burgundy Asset Management
Ontario, Canada
$193M -$874K -16,021 -0.5%
Russell Investments Group
31
Russell Investments Group
United Kingdom
$171M +$167M +3,062,214 New
UBS AM
32
UBS AM
Illinois
$169M +$13.6M +248,826 +9%
GMI
33
Greystone Managed Investments
Saskatchewan, Canada
$169M -$6.31M -115,628 -4%
Massachusetts Financial Services
34
Massachusetts Financial Services
Massachusetts
$163M -$7.12M -130,566 -4%
OAC
35
OMERS Administration Corp
Ontario, Canada
$152M +$1.71M +31,330 +1%
Deutsche Bank
36
Deutsche Bank
Germany
$146M +$23.8M +435,832 +20%
IIM
37
Intact Investment Management
Quebec, Canada
$145M +$40.6M +744,800 +62%
CAM
38
Cidel Asset Management
Ontario, Canada
$140M +$10.9M +200,279 +9%
MBI
39
Montrusco Bolton Investments
Quebec, Canada
$128M +$26.7M +490,186 +27%
CAM
40
CGOV Asset Management
Ontario, Canada
$127M -$12.8M -235,098 -12%
Goldman Sachs
41
Goldman Sachs
New York
$120M +$68.5M +1,255,860 +140%
CS
42
Credit Suisse
Switzerland
$118M -$7.32M -134,183 -6%
AQR Capital Management
43
AQR Capital Management
Connecticut
$118M +$33.4M +612,800 +41%
PIC
44
PCJ Investment Counsel
Ontario, Canada
$117M -$13.3M -244,128 -10%
SRAIM
45
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$111M -$6.34M -116,200 -5%
TCM
46
Tetrem Capital Management
Manitoba, Canada
$108M -$36.8M -674,853 -26%
Bank of New York Mellon
47
Bank of New York Mellon
New York
$105M +$503K +9,217 +0.5%
EAM
48
Edge Asset Management
Washington
$92.8M +$20.7M +380,391 +30%
State of Wisconsin Investment Board
49
State of Wisconsin Investment Board
Wisconsin
$80.6M -$5.27M -96,700 -6%
AC
50
Addenda Capital
Quebec, Canada
$79.1M -$3.47M -63,555 -4%

BNS Hedge Fund Activity: Q4 2016 in Review

346 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2016, worth a combined $35.6B — up 9.2% from $32.6B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new BNS positions and 20 closed out — a net gain of 42 holders — while 123 added to existing stakes and 101 trimmed.

The largest buyer was Beutel, Goodman & Co, opening a new position worth an estimated $845M. The largest seller was Royal Bank of Canada, cutting an estimated $273M.

  • 346 institutional investors held Scotiabank (BNS) as of Q4 2016, up from 311 in Q3 2016.
  • Funds reported $35.6B of Scotiabank stock for Q4 2016, up 9.2% quarter-over-quarter.
  • 62 funds opened new Scotiabank positions in Q4 2016 and 20 closed out, a net change of +42 holders.
  • The largest Scotiabank buyer in Q4 2016 was Beutel, Goodman & Co, an estimated $845M added.
  • The largest Scotiabank seller in Q4 2016 was Royal Bank of Canada, an estimated $273M sold.

Based on aggregated 13F filings for Q4 2016.