Scotiabank
BNS
385 hedge funds and large institutions have $27.1B invested in Scotiabank in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 137 increasing their positions, 134 reducing their positions, and 51 closing their positions.
11% more call options, than puts
Call options by funds: $675M | Put options by funds: $608M
2% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 134
0.36% more ownership
Funds ownership: 44.61% → 44.97% (+0.36%)
4% less capital invested
Capital invested by funds: $28.1B → $27.1B (-$1.02B)
4% less funds holding in top 10
Funds holding in top 10: 25 → 24 (-1)
5% less funds holding
Funds holding: 404 → 385 (-19)
31% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$748M |
| 2 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$200M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$128M |
| 4 |
NWM
Nicola Wealth Management
Vancouver,
British Columbia, Canada
|
+$49.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$46.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$254M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$199M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$92.2M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$91.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$73.7M |
BNS Hedge Fund Activity: Q2 2023 in Review
385 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2023, worth a combined $27.1B — down 3.6% from $28.1B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of BNS and 35 opened new positions — a net loss of 16 holders — while 134 trimmed existing stakes and 137 added.
The largest buyer was Bank of Montreal, adding an estimated $748M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $254M.
- 385 institutional investors held Scotiabank (BNS) as of Q2 2023, down from 404 in Q1 2023.
- Funds reported $27.1B of Scotiabank stock for Q2 2023, down 3.6% quarter-over-quarter.
- 35 funds opened new Scotiabank positions in Q2 2023 and 51 closed out, a net change of -16 holders.
- The largest Scotiabank buyer in Q2 2023 was Bank of Montreal, an estimated $748M added.
- The largest Scotiabank seller in Q2 2023 was Canada Pension Plan Investment Board, an estimated $254M sold.
Based on aggregated 13F filings for Q2 2023.