Scotiabank
BNS
326 hedge funds and large institutions have $35.1B invested in Scotiabank in 2014 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 119 increasing their positions, 160 reducing their positions, and 30 closing their positions.
40% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 30
5% more funds holding in top 10
Funds holding in top 10: 40 → 42 (+2)
2% more funds holding
Funds holding: 320 → 326 (+6)
0.68% more ownership
Funds ownership: 52.56% → 53.25% (+0.68%)
6% less capital invested
Capital invested by funds: $37.2B → $35.1B (-$2.06B)
26% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 160
74% less call options, than puts
Call options by funds: $56.2M | Put options by funds: $212M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$426M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$170M |
| 3 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$96.4M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$91.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$85.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$179M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$133M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$131M |
| 4 |
Two Sigma Investments
New York
|
-$87.2M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$79.4M |
BNS Hedge Fund Activity: Q4 2014 in Review
326 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2014, worth a combined $35.1B — down 5.6% from $37.2B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BNS positions and 30 closed out — a net gain of 12 holders — while 119 added to existing stakes and 160 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $426M. The largest seller was Fidelity Investments, cutting an estimated $179M.
- 326 institutional investors held Scotiabank (BNS) as of Q4 2014, up from 320 in Q3 2014.
- Funds reported $35.1B of Scotiabank stock for Q4 2014, down 5.6% quarter-over-quarter.
- 42 funds opened new Scotiabank positions in Q4 2014 and 30 closed out, a net change of +12 holders.
- The largest Scotiabank buyer in Q4 2014 was Bank of Montreal, an estimated $426M added.
- The largest Scotiabank seller in Q4 2014 was Fidelity Investments, an estimated $179M sold.
Based on aggregated 13F filings for Q4 2014.