Scotiabank
BNS
333 hedge funds and large institutions have $24.1B invested in Scotiabank in 2020 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 96 increasing their positions, 131 reducing their positions, and 31 closing their positions.
26% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 31
3% more funds holding in top 10
Funds holding in top 10: 30 → 31 (+1)
2% more funds holding
Funds holding: 325 → 333 (+8)
2% more call options, than puts
Call options by funds: $224M | Put options by funds: $220M
1% more capital invested
Capital invested by funds: $23.8B → $24.1B (+$260M)
0.23% less ownership
Funds ownership: 47.78% → 47.55% (-0.23%)
27% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$489M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$301M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$166M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$146M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$90.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$359M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$168M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$126M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$98.2M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$83.3M |
BNS Hedge Fund Activity: Q3 2020 in Review
333 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2020, worth a combined $24.1B — up 1.1% from $23.8B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BNS positions and 31 closed out — a net gain of 8 holders — while 96 added to existing stakes and 131 trimmed.
The largest buyer was Scotia Capital, opening a new position worth an estimated $489M. The largest seller was TD Asset Management, cutting an estimated $359M.
- 333 institutional investors held Scotiabank (BNS) as of Q3 2020, up from 325 in Q2 2020.
- Funds reported $24.1B of Scotiabank stock for Q3 2020, up 1.1% quarter-over-quarter.
- 39 funds opened new Scotiabank positions in Q3 2020 and 31 closed out, a net change of +8 holders.
- The largest Scotiabank buyer in Q3 2020 was Scotia Capital, an estimated $489M added.
- The largest Scotiabank seller in Q3 2020 was TD Asset Management, an estimated $359M sold.
Based on aggregated 13F filings for Q3 2020.