Scotiabank
BNS
377 hedge funds and large institutions have $33.9B invested in Scotiabank in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 140 increasing their positions, 138 reducing their positions, and 43 closing their positions.
8% more call options, than puts
Call options by funds: $103M | Put options by funds: $95.8M
1% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 138
0.71% more ownership
Funds ownership: 48.67% → 49.37% (+0.71%)
6% less funds holding
Funds holding: 401 → 377 (-24)
6% less capital invested
Capital invested by funds: $36.1B → $33.9B (-$2.23B)
11% less funds holding in top 10
Funds holding in top 10: 45 → 40 (-5)
44% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$940M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$322M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$133M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$132M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$123M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$314M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$193M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$158M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$114M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$105M |
BNS Hedge Fund Activity: Q2 2018 in Review
377 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2018, worth a combined $33.9B — down 6.2% from $36.1B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of BNS and 24 opened new positions — a net loss of 19 holders — while 138 trimmed existing stakes and 140 added.
The largest buyer was Royal Bank of Canada, adding an estimated $940M. The largest seller was Fidelity Investments, cutting an estimated $314M.
- 377 institutional investors held Scotiabank (BNS) as of Q2 2018, down from 401 in Q1 2018.
- Funds reported $33.9B of Scotiabank stock for Q2 2018, down 6.2% quarter-over-quarter.
- 24 funds opened new Scotiabank positions in Q2 2018 and 43 closed out, a net change of -19 holders.
- The largest Scotiabank buyer in Q2 2018 was Royal Bank of Canada, an estimated $940M added.
- The largest Scotiabank seller in Q2 2018 was Fidelity Investments, an estimated $314M sold.
Based on aggregated 13F filings for Q2 2018.