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Scotiabank

296 hedge funds and large institutions have $30.1B invested in Scotiabank in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 102 increasing their positions, 104 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $200M | Put options by funds: $115M

35% more capital invested

Capital invested by funds: $22.3B → $30.1B (+$7.75B)

8% more funds holding in top 10

Funds holding in top 10: 3841 (+3)

3.95% more ownership

Funds ownership: 47.4%51.35% (+3.9%)

8% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 38

0% more funds holding

Funds holding: 296296 (0)

2% less repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 104

Holders
296
Holders Change
Holders Change %
0%
% of All Funds
7.89%
Holding in Top 10
41
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+7.89%
% of All Funds
1.09%
New
41
Increased
102
Reduced
104
Closed
38
Calls
$200M
Puts
$115M
Net Calls
+$84.8M
Net Calls Change
+$2.18B
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$4.83B -$49.8M -1,215,329 -1%
CIBC World Market
2
CIBC World Market
Ontario, Canada
$2.45B +$2.1B +51,344,473 New
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$2.29B +$47.1M +1,149,557 +2%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.94B -$57.8M -1,412,390 -3%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$1.82B -$44.6M -1,090,530 -3%
IGIM
6
I.G. Investment Management
Manitoba, Canada
$1.54B -$49.6M -1,211,287 -4%
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.05B
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$1.02B -$7.1M -173,389 -1%
Vanguard Group
9
Vanguard Group
Pennsylvania
$1B +$138M +3,377,452 +19%
JFL
10
Jarislowsky, Fraser Ltd
Quebec, Canada
$833M -$2.82M -68,969 -0.4%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$721M -$66.5M -1,624,620 -10%
Canada Life
12
Canada Life
Manitoba, Canada
$620M +$6.59M +160,846 +1%
Norges Bank
13
Norges Bank
Norway
$617M +$54.2M +1,324,443 +11%
CIBC Asset Management
14
CIBC Asset Management
Ontario, Canada
$578M -$11.9M -290,984 -2%
Connor, Clark & Lunn Investment Management (CC&L)
15
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$491M +$45.9M +1,121,270 +12%
Franklin Resources
16
Franklin Resources
California
$446M -$38.8M -947,542 -9%
Fiera Capital (Canada)
17
Fiera Capital (Canada)
Quebec, Canada
$440M +$20M +488,310 +6%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$402M -$18.6M -455,032 -5%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$387M +$182M +4,452,325 +122%
LBA
20
Letko, Brosseau & Associates
Quebec, Canada
$372M +$7.22M +176,238 +2%
GCC
21
Guardian Capital (Canada)
Ontario, Canada
$370M -$22.7M -555,143 -7%
SC
22
Scotia Capital
Ontario, Canada
$310M +$58.2M +1,422,287 +28%
Invesco
23
Invesco
Georgia
$309M +$36.6M +893,137 +16%
Legal & General Group
24
Legal & General Group
United Kingdom
$278M +$8.46M +206,712 +4%
AIMCA
25
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$223M +$46.4M +1,133,128 +46%

BNS Hedge Fund Activity: Q1 2016 in Review

296 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q1 2016, worth a combined $30.1B — up 35% from $22.3B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new BNS positions and 38 closed out — a net gain of 3 holders — while 102 added to existing stakes and 104 trimmed.

The largest buyer was CIBC World Market, opening a new position worth an estimated $2.1B. The largest seller was Mackenzie Financial, cutting an estimated $342M.

  • 296 institutional investors held Scotiabank (BNS) as of Q1 2016, unchanged from Q4 2015.
  • Funds reported $30.1B of Scotiabank stock for Q1 2016, up 35% quarter-over-quarter.
  • 41 funds opened new Scotiabank positions in Q1 2016 and 38 closed out, a net change of +3 holders.
  • The largest Scotiabank buyer in Q1 2016 was CIBC World Market, an estimated $2.1B added.
  • The largest Scotiabank seller in Q1 2016 was Mackenzie Financial, an estimated $342M sold.

Based on aggregated 13F filings for Q1 2016.