Scotiabank
BNS
346 hedge funds and large institutions have $35.6B invested in Scotiabank in 2016 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 123 increasing their positions, 101 reducing their positions, and 20 closing their positions.
210% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 20
105% more call options, than puts
Call options by funds: $127M | Put options by funds: $61.7M
22% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 101
11% more funds holding
Funds holding: 311 → 346 (+35)
9% more capital invested
Capital invested by funds: $32.6B → $35.6B (+$2.99B)
1.8% more ownership
Funds ownership: 50.91% → 52.72% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 44 → 44 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$845M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$741M |
| 3 |
Goldman Sachs
New York
|
+$68.5M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$59.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$273M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$234M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$78.5M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$76.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$74.1M |
BNS Hedge Fund Activity: Q4 2016 in Review
346 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2016, worth a combined $35.6B — up 9.2% from $32.6B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new BNS positions and 20 closed out — a net gain of 42 holders — while 123 added to existing stakes and 101 trimmed.
The largest buyer was Beutel, Goodman & Co, opening a new position worth an estimated $845M. The largest seller was Royal Bank of Canada, cutting an estimated $273M.
- 346 institutional investors held Scotiabank (BNS) as of Q4 2016, up from 311 in Q3 2016.
- Funds reported $35.6B of Scotiabank stock for Q4 2016, up 9.2% quarter-over-quarter.
- 62 funds opened new Scotiabank positions in Q4 2016 and 20 closed out, a net change of +42 holders.
- The largest Scotiabank buyer in Q4 2016 was Beutel, Goodman & Co, an estimated $845M added.
- The largest Scotiabank seller in Q4 2016 was Royal Bank of Canada, an estimated $273M sold.
Based on aggregated 13F filings for Q4 2016.