Scotiabank
BNS
300 hedge funds and large institutions have $41.7B invested in Scotiabank in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 100 increasing their positions, 171 reducing their positions, and 27 closing their positions.
18% more capital invested
Capital invested by funds: $35.3B → $41.7B (+$6.41B)
1.02% more ownership
Funds ownership: 53.77% → 54.79% (+1%)
2% less funds holding
Funds holding: 305 → 300 (-5)
2% less funds holding in top 10
Funds holding in top 10: 41 → 40 (-1)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
41% less call options, than puts
Call options by funds: $107M | Put options by funds: $182M
42% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 171
Top Buyers
| 1 |
Norges Bank
Oslo,
Norway
|
+$613M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$386M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$113M |
| 4 |
JP Morgan Chase
New York
|
+$107M |
| 5 |
Two Sigma Investments
New York
|
+$74.6M |
Top Sellers
BNS Hedge Fund Activity: Q2 2014 in Review
300 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2014, worth a combined $41.7B — up 18% from $35.3B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BNS and 24 opened new positions — a net loss of 3 holders — while 171 trimmed existing stakes and 100 added.
The largest buyer was Norges Bank, adding an estimated $613M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $132M.
- 300 institutional investors held Scotiabank (BNS) as of Q2 2014, down from 305 in Q1 2014.
- Funds reported $41.7B of Scotiabank stock for Q2 2014, up 18% quarter-over-quarter.
- 24 funds opened new Scotiabank positions in Q2 2014 and 27 closed out, a net change of -3 holders.
- The largest Scotiabank buyer in Q2 2014 was Norges Bank, an estimated $613M added.
- The largest Scotiabank seller in Q2 2014 was Manulife (Manufacturers Life Insurance), an estimated $132M sold.
Based on aggregated 13F filings for Q2 2014.