Scotiabank
BNS
360 hedge funds and large institutions have $37.9B invested in Scotiabank in 2017 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 131 increasing their positions, 102 reducing their positions, and 20 closing their positions.
1,474% more call options, than puts
Call options by funds: $1.27B | Put options by funds: $80.4M
110% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 20
28% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 102
11% more capital invested
Capital invested by funds: $34.1B → $37.9B (+$3.79B)
6% more funds holding
Funds holding: 341 → 360 (+19)
5% more funds holding in top 10
Funds holding in top 10: 42 → 44 (+2)
2.1% more ownership
Funds ownership: 46.85% → 48.95% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$971M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$699M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$161M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$57.7M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$56.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$268M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$151M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$138M |
| 4 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$135M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$48.3M |
BNS Hedge Fund Activity: Q3 2017 in Review
360 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2017, worth a combined $37.9B — up 11% from $34.1B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BNS positions and 20 closed out — a net gain of 22 holders — while 131 added to existing stakes and 102 trimmed.
The largest buyer was Beutel, Goodman & Co, opening a new position worth an estimated $971M. The largest seller was Credit Suisse, cutting an estimated $268M.
- 360 institutional investors held Scotiabank (BNS) as of Q3 2017, up from 341 in Q2 2017.
- Funds reported $37.9B of Scotiabank stock for Q3 2017, up 11% quarter-over-quarter.
- 42 funds opened new Scotiabank positions in Q3 2017 and 20 closed out, a net change of +22 holders.
- The largest Scotiabank buyer in Q3 2017 was Beutel, Goodman & Co, an estimated $971M added.
- The largest Scotiabank seller in Q3 2017 was Credit Suisse, an estimated $268M sold.
Based on aggregated 13F filings for Q3 2017.