Scotiabank
BNS
269 hedge funds and large institutions have $34.8B invested in Scotiabank in 2013 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 124 increasing their positions, 84 reducing their positions, and 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
48% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 84
11% more capital invested
Capital invested by funds: $31.4B → $34.8B (+$3.35B)
3% more funds holding in top 10
Funds holding in top 10: 40 → 41 (+1)
2% more funds holding
Funds holding: 263 → 269 (+6)
1.35% more ownership
Funds ownership: 52.8% → 54.15% (+1.3%)
1% more call options, than puts
Call options by funds: $138M | Put options by funds: $137M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$270M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$212M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$130M |
| 4 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$99.8M |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$69.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$117M |
| 2 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$81M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$38.4M |
| 4 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
-$37.7M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$33.2M |
BNS Hedge Fund Activity: Q3 2013 in Review
269 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2013, worth a combined $34.8B — up 11% from $31.4B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BNS positions and 16 closed out — a net gain of 8 holders — while 124 added to existing stakes and 84 trimmed.
The largest buyer was Mawer Investment Management, opening a new position worth an estimated $270M. The largest seller was 1832 Asset Management, cutting an estimated $117M.
- 269 institutional investors held Scotiabank (BNS) as of Q3 2013, up from 263 in Q2 2013.
- Funds reported $34.8B of Scotiabank stock for Q3 2013, up 11% quarter-over-quarter.
- 24 funds opened new Scotiabank positions in Q3 2013 and 16 closed out, a net change of +8 holders.
- The largest Scotiabank buyer in Q3 2013 was Mawer Investment Management, an estimated $270M added.
- The largest Scotiabank seller in Q3 2013 was 1832 Asset Management, an estimated $117M sold.
Based on aggregated 13F filings for Q3 2013.