Scotiabank
BNS
404 hedge funds and large institutions have $28.1B invested in Scotiabank in 2023 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 137 increasing their positions, 139 reducing their positions, and 59 closing their positions.
6% more capital invested
Capital invested by funds: $26.5B → $28.1B (+$1.65B)
0.98% less ownership
Funds ownership: 45.6% → 44.61% (-0.98%)
1% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 139
4% less funds holding
Funds holding: 419 → 404 (-15)
7% less funds holding in top 10
Funds holding in top 10: 27 → 25 (-2)
20% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 59
22% less call options, than puts
Call options by funds: $653M | Put options by funds: $832M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$505M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$272M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$194M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$88M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$75.1M |
Top Sellers
BNS Hedge Fund Activity: Q1 2023 in Review
404 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q1 2023, worth a combined $28.1B — up 6.2% from $26.5B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of BNS and 47 opened new positions — a net loss of 12 holders — while 139 trimmed existing stakes and 137 added.
The largest buyer was Bank of Montreal, adding an estimated $505M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $365M.
- 404 institutional investors held Scotiabank (BNS) as of Q1 2023, down from 419 in Q4 2022.
- Funds reported $28.1B of Scotiabank stock for Q1 2023, up 6.2% quarter-over-quarter.
- 47 funds opened new Scotiabank positions in Q1 2023 and 59 closed out, a net change of -12 holders.
- The largest Scotiabank buyer in Q1 2023 was Bank of Montreal, an estimated $505M added.
- The largest Scotiabank seller in Q1 2023 was Canada Pension Plan Investment Board, an estimated $365M sold.
Based on aggregated 13F filings for Q1 2023.