Scotiabank
BNS
393 hedge funds and large institutions have $37.6B invested in Scotiabank in 2017 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 117 increasing their positions, 122 reducing their positions, and 26 closing their positions.
131% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 26
26% more call options, than puts
Call options by funds: $96.1M | Put options by funds: $76.1M
9% more funds holding
Funds holding: 360 → 393 (+33)
0% more funds holding in top 10
Funds holding in top 10: 44 → 44 (0)
1% less capital invested
Capital invested by funds: $37.9B → $37.6B (-$216M)
0.67% less ownership
Funds ownership: 48.95% → 48.28% (-0.67%)
4% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 122
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.27B |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$141M |
| 3 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$128M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$111M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$86.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$243M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$200M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$187M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$121M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$91.3M |
BNS Hedge Fund Activity: Q4 2017 in Review
393 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2017, worth a combined $37.6B — down 0.57% from $37.9B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BNS positions and 26 closed out — a net gain of 34 holders — while 117 added to existing stakes and 122 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $1.27B. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $243M sold.
- 393 institutional investors held Scotiabank (BNS) as of Q4 2017, up from 360 in Q3 2017.
- Funds reported $37.6B of Scotiabank stock for Q4 2017, down 0.57% quarter-over-quarter.
- 60 funds opened new Scotiabank positions in Q4 2017 and 26 closed out, a net change of +34 holders.
- The largest Scotiabank buyer in Q4 2017 was Mackenzie Financial, an estimated $1.27B added.
- The largest Scotiabank seller in Q4 2017 was Arrowstreet Capital, an estimated $243M sold.
Based on aggregated 13F filings for Q4 2017.