Scotiabank
BNS
362 hedge funds and large institutions have $33.7B invested in Scotiabank in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 121 increasing their positions, 121 reducing their positions, and 28 closing their positions.
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
7% more capital invested
Capital invested by funds: $31.5B → $33.7B (+$2.18B)
2% more funds holding in top 10
Funds holding in top 10: 45 → 46 (+1)
2% more funds holding
Funds holding: 355 → 362 (+7)
0% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 121
1.07% less ownership
Funds ownership: 49.34% → 48.27% (-1.1%)
26% less call options, than puts
Call options by funds: $501M | Put options by funds: $678M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$276M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$163M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$136M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$86.6M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$82.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.2B |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$360M |
| 3 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$211M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$121M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$36.7M |
BNS Hedge Fund Activity: Q3 2019 in Review
362 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2019, worth a combined $33.7B — up 6.9% from $31.5B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BNS positions and 28 closed out — a net gain of 9 holders — while 121 added to existing stakes and 121 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $276M. The largest seller was Toronto Dominion Bank, cutting an estimated $1.2B.
- 362 institutional investors held Scotiabank (BNS) as of Q3 2019, up from 355 in Q2 2019.
- Funds reported $33.7B of Scotiabank stock for Q3 2019, up 6.9% quarter-over-quarter.
- 37 funds opened new Scotiabank positions in Q3 2019 and 28 closed out, a net change of +9 holders.
- The largest Scotiabank buyer in Q3 2019 was Bank of Montreal, an estimated $276M added.
- The largest Scotiabank seller in Q3 2019 was Toronto Dominion Bank, an estimated $1.2B sold.
Based on aggregated 13F filings for Q3 2019.