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Scotiabank

315 hedge funds and large institutions have $30.9B invested in Scotiabank in 2015 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 122 increasing their positions, 113 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 113

0.52% more ownership

Funds ownership: 53.25%53.77% (+0.52%)

0% more funds holding in top 10

Funds holding in top 10: 4242 (0)

3% less funds holding

Funds holding: 325315 (-10)

10% less call options, than puts

Call options by funds: $118M | Put options by funds: $131M

12% less capital invested

Capital invested by funds: $35.1B → $30.9B (-$4.2B)

13% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 40

Holders
315
Holders Change
-10
Holders Change %
-3.08%
% of All Funds
8.4%
Holding in Top 10
42
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
1.12%
New
35
Increased
122
Reduced
113
Closed
40
Calls
$118M
Puts
$131M
Net Calls
-$13.7M
Net Calls Change
+$142M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$4.9B +$49.2M +1,007,987 +1%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.72B -$15.3M -313,031 -0.5%
CIBC World Market
3
CIBC World Market
Ontario, Canada
$2.7B -$82.3M -1,685,910 -3%
Toronto Dominion Bank
4
Toronto Dominion Bank
Ontario, Canada
$2.45B +$46.3M +948,492 +2%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$2.18B -$128M -2,611,497 -5%
IGIM
6
I.G. Investment Management
Manitoba, Canada
$1.51B +$27M +552,019 +2%
JFL
7
Jarislowsky, Fraser Ltd
Quebec, Canada
$898M -$17.6M -359,590 -2%
BGC
8
Beutel, Goodman & Co
Ontario, Canada
$812M -$1.42M -29,088 -0.2%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$740M +$224M +4,596,424 +42%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$688M -$150M -3,071,260 -17%
Canada Life
11
Canada Life
Manitoba, Canada
$675M -$20.7M -423,831 -3%
Vanguard Group
12
Vanguard Group
Pennsylvania
$645M +$663M +13,569,659 New
Franklin Resources
13
Franklin Resources
California
$628M +$47.1M +965,684 +8%
CIBC Asset Management
14
CIBC Asset Management
Ontario, Canada
$579M -$20.7M -423,677 -3%
Norges Bank
15
Norges Bank
Norway
$505M +$3.57M +73,144 +0.7%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$421M -$10.2M -209,647 -2%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$405M -$54.8M -1,122,838 -12%
GCC
18
Guardian Capital (Canada)
Ontario, Canada
$383M +$874K +17,897 +0.2%
Fiera Capital (Canada)
19
Fiera Capital (Canada)
Quebec, Canada
$372M -$19.8M -404,989 -5%
Invesco
20
Invesco
Georgia
$285M +$17.6M +359,728 +6%
Caisse de Depot et Placement du Quebec (CDPQ)
21
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$259M -$11.7M -238,999 -4%
SC
22
Scotia Capital
Ontario, Canada
$254M -$932K -19,090 -0.4%
Legal & General Group
23
Legal & General Group
United Kingdom
$253M +$9.29M +190,293 +4%
GMI
24
Greystone Managed Investments
Saskatchewan, Canada
$237M -$38M -778,085 -13%
SRAIM
25
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$236M -$27.9M -570,429 -10%

BNS Hedge Fund Activity: Q1 2015 in Review

315 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q1 2015, worth a combined $30.9B — down 12% from $35.1B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of BNS and 35 opened new positions — a net loss of 5 holders — while 113 trimmed existing stakes and 122 added.

The largest buyer was Vanguard Group, opening a new position worth an estimated $663M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $220M sold.

  • 315 institutional investors held Scotiabank (BNS) as of Q1 2015, down from 325 in Q4 2014.
  • Funds reported $30.9B of Scotiabank stock for Q1 2015, down 12% quarter-over-quarter.
  • 35 funds opened new Scotiabank positions in Q1 2015 and 40 closed out, a net change of -5 holders.
  • The largest Scotiabank buyer in Q1 2015 was Vanguard Group, an estimated $663M added.
  • The largest Scotiabank seller in Q1 2015 was Capital Research Global Investors, an estimated $220M sold.

Based on aggregated 13F filings for Q1 2015.