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Scotiabank

393 hedge funds and large institutions have $24.4B invested in Scotiabank in 2023 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 120 increasing their positions, 141 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 34

2% more funds holding

Funds holding: 385393 (+8)

0.52% less ownership

Funds ownership: 44.97%44.45% (-0.52%)

8% less funds holding in top 10

Funds holding in top 10: 2422 (-2)

10% less capital invested

Capital invested by funds: $27.1B → $24.4B (-$2.7B)

15% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 141

31% less call options, than puts

Call options by funds: $483M | Put options by funds: $697M

Holders
393
Holders Change
+8
Holders Change %
+2.08%
% of All Funds
6.24%
Holding in Top 10
22
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.33%
% of All Funds
0.35%
New
48
Increased
120
Reduced
141
Closed
34
Calls
$483M
Puts
$697M
Net Calls
-$215M
Net Calls Change
-$282M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
51
Canada Life
Manitoba, Canada
$38.5M -$212K -4,429 -0.5%
M
52
Murchinson
Ontario, Canada
$34M +$26.8M +558,309 New
DMIC
53
Dixon Mitchell Investment Counsel
British Columbia, Canada
$33.7M -$99.7K -2,080 -0.3%
TPM
54
Triasima Portfolio Management
Quebec, Canada
$33.4M -$3.76M -78,400 -10%
Voloridge Investment Management
55
Voloridge Investment Management
Florida
$33M +$7.89M +164,616 +29%
Acadian Asset Management
56
Acadian Asset Management
Massachusetts
$31.8M +$26.5M +551,992 +360%
MAMU
57
Marathon Asset Management (UK)
United Kingdom
$31.6M -$4.86M -101,423 -13%
DekaBank Deutsche Girozentrale
58
DekaBank Deutsche Girozentrale
Germany
$31.2M -$28K -585 -0.1%
State of Tennessee, Department of Treasury
59
State of Tennessee, Department of Treasury
Tennessee
$31.1M
GCAC
60
Guardian Capital Advisors (Canada)
Ontario, Canada
$30.4M +$2.88M +60,127 +10%
NIM
61
Nexus Investment Management
Ontario, Canada
$29.4M -$97.3K -2,030 -0.3%
AT
62
AMF Tjänstepension
Sweden
$26M +$5.62M +117,219 +26%
Two Sigma Advisers
63
Two Sigma Advisers
New York
$25.2M +$26.5M +553,009 New
Russell Investments Group
64
Russell Investments Group
United Kingdom
$24.8M -$4.02M -83,901 -13%
Pictet Asset Management
65
Pictet Asset Management
Switzerland
$23.2M +$24.7M +514,803 New
GCM
66
Galibier Capital Management
Ontario, Canada
$22.8M -$906K -18,897 -4%
GCC
67
Guardian Capital (Canada)
Ontario, Canada
$22.3M -$1.54M -32,158 -6%
Northern Trust
68
Northern Trust
Illinois
$21.5M -$1.69M -35,170 -7%
UH
69
Unigestion Holding
Switzerland
$21M -$215K -4,494 -1%
NEI
70
Northwest & Ethical Investments
Ontario, Canada
$20.7M -$2.92M -60,977 -12%
IIM
71
Intact Investment Management
Quebec, Canada
$19.7M -$11.4M -238,299 -35%
OAC
72
OMERS Administration Corp
Ontario, Canada
$19.5M -$24.6M -514,000 -54%
Zurich Cantonal Bank
73
Zurich Cantonal Bank
Switzerland
$18.7M -$13.8M -287,426 -41%
PIC
74
Portland Investment Counsel
Ontario, Canada
$18.6M +$735K +15,343 +4%
AM
75
AGF Management
Ontario, Canada
$18.2M +$19.5M +406,064 New

BNS Hedge Fund Activity: Q3 2023 in Review

393 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2023, worth a combined $24.4B — down 10% from $27.1B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new BNS positions and 34 closed out — a net gain of 14 holders — while 120 added to existing stakes and 141 trimmed.

The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, adding an estimated $263M. The largest seller was Royal Bank of Canada, cutting an estimated $231M.

  • 393 institutional investors held Scotiabank (BNS) as of Q3 2023, up from 385 in Q2 2023.
  • Funds reported $24.4B of Scotiabank stock for Q3 2023, down 10% quarter-over-quarter.
  • 48 funds opened new Scotiabank positions in Q3 2023 and 34 closed out, a net change of +14 holders.
  • The largest Scotiabank buyer in Q3 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $263M added.
  • The largest Scotiabank seller in Q3 2023 was Royal Bank of Canada, an estimated $231M sold.

Based on aggregated 13F filings for Q3 2023.