Scotiabank
BNS
401 hedge funds and large institutions have $36.1B invested in Scotiabank in 2018 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 129 increasing their positions, 137 reducing their positions, and 35 closing their positions.
87% more call options, than puts
Call options by funds: $110M | Put options by funds: $58.8M
29% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 35
2% more funds holding in top 10
Funds holding in top 10: 44 → 45 (+1)
2% more funds holding
Funds holding: 393 → 401 (+8)
0.39% more ownership
Funds ownership: 48.28% → 48.67% (+0.39%)
4% less capital invested
Capital invested by funds: $37.6B → $36.1B (-$1.5B)
6% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$167M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$142M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$139M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$133M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$288M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$75.3M |
| 3 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$70.3M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$60M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$39.9M |
BNS Hedge Fund Activity: Q1 2018 in Review
401 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q1 2018, worth a combined $36.1B — down 4% from $37.6B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BNS positions and 35 closed out — a net gain of 10 holders — while 129 added to existing stakes and 137 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $167M. The largest seller was Fidelity Investments, cutting an estimated $288M.
- 401 institutional investors held Scotiabank (BNS) as of Q1 2018, up from 393 in Q4 2017.
- Funds reported $36.1B of Scotiabank stock for Q1 2018, down 4% quarter-over-quarter.
- 45 funds opened new Scotiabank positions in Q1 2018 and 35 closed out, a net change of +10 holders.
- The largest Scotiabank buyer in Q1 2018 was Arrowstreet Capital, an estimated $167M added.
- The largest Scotiabank seller in Q1 2018 was Fidelity Investments, an estimated $288M sold.
Based on aggregated 13F filings for Q1 2018.