Scotiabank
BNS
290 hedge funds and large institutions have $38.4B invested in Scotiabank in 2013 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 103 increasing their positions, 93 reducing their positions, and 24 closing their positions.
92% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 24
54% more call options, than puts
Call options by funds: $194M | Put options by funds: $126M
11% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 93
10% more capital invested
Capital invested by funds: $34.8B → $38.4B (+$3.63B)
8% more funds holding
Funds holding: 269 → 290 (+21)
0.22% more ownership
Funds ownership: 54.15% → 54.37% (+0.22%)
2% less funds holding in top 10
Funds holding in top 10: 41 → 40 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$387M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$119M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$114M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$92.5M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$84.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$129M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$85.8M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$67.6M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$66.5M |
| 5 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$66.1M |
BNS Hedge Fund Activity: Q4 2013 in Review
290 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2013, worth a combined $38.4B — up 10% from $34.8B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new BNS positions and 24 closed out — a net gain of 22 holders — while 103 added to existing stakes and 93 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $387M. The largest seller was ING Group, exiting entirely with an estimated $129M sold.
- 290 institutional investors held Scotiabank (BNS) as of Q4 2013, up from 269 in Q3 2013.
- Funds reported $38.4B of Scotiabank stock for Q4 2013, up 10% quarter-over-quarter.
- 46 funds opened new Scotiabank positions in Q4 2013 and 24 closed out, a net change of +22 holders.
- The largest Scotiabank buyer in Q4 2013 was Wellington Management Group, an estimated $387M added.
- The largest Scotiabank seller in Q4 2013 was ING Group, an estimated $129M sold.
Based on aggregated 13F filings for Q4 2013.