Scotiabank
BNS
313 hedge funds and large institutions have $32.6B invested in Scotiabank in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 120 increasing their positions, 88 reducing their positions, and 21 closing their positions.
149% more call options, than puts
Call options by funds: $139M | Put options by funds: $55.9M
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
36% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 88
7% more capital invested
Capital invested by funds: $30.4B → $32.6B (+$2.27B)
2% more funds holding in top 10
Funds holding in top 10: 43 → 44 (+1)
2% more funds holding
Funds holding: 308 → 313 (+5)
1.18% less ownership
Funds ownership: 52.09% → 50.91% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$228M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$129M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$80.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$67.4M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$62.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$997M |
| 2 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
-$77.1M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$71.1M |
| 4 |
Two Sigma Investments
New York
|
-$60.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$56.3M |
BNS Hedge Fund Activity: Q3 2016 in Review
313 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2016, worth a combined $32.6B — up 7.5% from $30.4B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BNS positions and 21 closed out — a net gain of 8 holders — while 120 added to existing stakes and 88 trimmed.
The largest buyer was Mawer Investment Management, opening a new position worth an estimated $228M. The largest seller was Jarislowsky, Fraser Ltd, cutting an estimated $997M.
- 313 institutional investors held Scotiabank (BNS) as of Q3 2016, up from 308 in Q2 2016.
- Funds reported $32.6B of Scotiabank stock for Q3 2016, up 7.5% quarter-over-quarter.
- 29 funds opened new Scotiabank positions in Q3 2016 and 21 closed out, a net change of +8 holders.
- The largest Scotiabank buyer in Q3 2016 was Mawer Investment Management, an estimated $228M added.
- The largest Scotiabank seller in Q3 2016 was Jarislowsky, Fraser Ltd, an estimated $997M sold.
Based on aggregated 13F filings for Q3 2016.