Scotiabank
BNS
308 hedge funds and large institutions have $27.7B invested in Scotiabank in 2015 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 93 increasing their positions, 178 reducing their positions, and 37 closing their positions.
0.26% less ownership
Funds ownership: 53.69% → 53.43% (-0.26%)
4% less call options, than puts
Call options by funds: $111M | Put options by funds: $116M
8% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 37
2% less funds holding
Funds holding: 314 → 308 (-6)
2% less funds holding in top 10
Funds holding in top 10: 45 → 44 (-1)
15% less capital invested
Capital invested by funds: $32.4B → $27.7B (-$4.71B)
48% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 178
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$293M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$186M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$146M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$78.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$311M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$110M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$107M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$75.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$69.8M |
BNS Hedge Fund Activity: Q3 2015 in Review
308 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2015, worth a combined $27.7B — down 15% from $32.4B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of BNS and 34 opened new positions — a net loss of 3 holders — while 178 trimmed existing stakes and 93 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $293M. The largest seller was Toronto Dominion Bank, cutting an estimated $311M.
- 308 institutional investors held Scotiabank (BNS) as of Q3 2015, down from 314 in Q2 2015.
- Funds reported $27.7B of Scotiabank stock for Q3 2015, down 15% quarter-over-quarter.
- 34 funds opened new Scotiabank positions in Q3 2015 and 37 closed out, a net change of -3 holders.
- The largest Scotiabank buyer in Q3 2015 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $293M added.
- The largest Scotiabank seller in Q3 2015 was Toronto Dominion Bank, an estimated $311M sold.
Based on aggregated 13F filings for Q3 2015.