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Scotiabank

325 hedge funds and large institutions have $35.1B invested in Scotiabank in 2014 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 119 increasing their positions, 159 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 30

5% more funds holding in top 10

Funds holding in top 10: 4042 (+2)

2% more funds holding

Funds holding: 319325 (+6)

0.68% more ownership

Funds ownership: 52.56%53.25% (+0.68%)

5% less capital invested

Capital invested by funds: $37.1B → $35.1B (-$1.93B)

25% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 159

74% less call options, than puts

Call options by funds: $56.2M | Put options by funds: $212M

Holders
325
Holders Change
+6
Holders Change %
+1.88%
% of All Funds
8.67%
Holding in Top 10
42
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+5%
% of All Funds
1.12%
New
42
Increased
119
Reduced
159
Closed
30
Calls
$56.2M
Puts
$212M
Net Calls
-$156M
Net Calls Change
-$149M
Name Holding Trade Value Shares
Change
Change in
Stake
AC
51
Addenda Capital
Quebec, Canada
$75.7M +$11.7M +207,160 +17%
MBI
52
Montrusco Bolton Investments
Quebec, Canada
$72.8M -$24.1M -428,138 -24%
Axa
53
Axa
France
$71.6M +$7.7M +136,785 +12%
CP
54
Cumberland Partners
Ontario, Canada
$66.8M -$1.16M -20,672 -2%
NEI
55
Northwest & Ethical Investments
Ontario, Canada
$60.8M -$7.54M -134,021 -11%
CCMIC
56
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$60.1M -$22M -391,372 -26%
EAM
57
Edge Asset Management
Washington
$57.9M -$1.86M -32,970 -3%
Acadian Asset Management
58
Acadian Asset Management
Massachusetts
$51.7M +$16.6M +294,159 +45%
Public Sector Pension Investment Board (PSP Investments)
59
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$51.4M +$1.57M +27,987 +3%
EIG
60
EdgePoint Investment Group
Ontario, Canada
$49.6M -$503K -8,945 -1%
Citigroup
61
Citigroup
New York
$43.7M +$1.22M +21,677 +3%
DMIC
62
Dixon Mitchell Investment Counsel
British Columbia, Canada
$43.7M -$410K -7,283 -1%
Morgan Stanley
63
Morgan Stanley
New York
$42.9M +$7.1M +126,220 +19%
Renaissance Technologies
64
Renaissance Technologies
New York
$40.9M +$15M +266,705 +54%
Allianz Asset Management
65
Allianz Asset Management
Germany
$40.8M +$7.39M +131,351 +21%
CGT
66
Capital Guardian Trust
California
$39.6M +$306K +5,434 +0.7%
UBS Group
67
UBS Group
Switzerland
$38.3M +$39.9M +708,779 New
OTPPB
68
Ontario Teachers' Pension Plan Board
Ontario, Canada
$37.5M -$20.4M -362,605 -34%
ACI
69
AMP Capital Investors
Australia
$36.5M +$1.66M +29,551 +5%
AllianceBernstein
70
AllianceBernstein
Tennessee
$34.8M +$7M +124,414 +24%
LM
71
Lincluden Management
Ontario, Canada
$34.1M -$154K -2,735 -0.4%
HHC
72
Hutchin Hill Capital
New York
$33.4M +$34.8M +618,103 New
Wells Fargo
73
Wells Fargo
California
$29.5M +$423K +7,520 +1%
Goldman Sachs
74
Goldman Sachs
New York
$29.3M -$1.88M -33,492 -6%
GCAC
75
Guardian Capital Advisors (Canada)
Ontario, Canada
$28.9M +$1.61M +28,558 +6%

BNS Hedge Fund Activity: Q4 2014 in Review

325 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2014, worth a combined $35.1B — down 5.2% from $37.1B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new BNS positions and 30 closed out — a net gain of 12 holders — while 119 added to existing stakes and 159 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $426M. The largest seller was Fidelity Investments, cutting an estimated $179M.

  • 325 institutional investors held Scotiabank (BNS) as of Q4 2014, up from 319 in Q3 2014.
  • Funds reported $35.1B of Scotiabank stock for Q4 2014, down 5.2% quarter-over-quarter.
  • 42 funds opened new Scotiabank positions in Q4 2014 and 30 closed out, a net change of +12 holders.
  • The largest Scotiabank buyer in Q4 2014 was Bank of Montreal, an estimated $426M added.
  • The largest Scotiabank seller in Q4 2014 was Fidelity Investments, an estimated $179M sold.

Based on aggregated 13F filings for Q4 2014.