Scotiabank
BNS
374 hedge funds and large institutions have $35.6B invested in Scotiabank in 2018 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 124 increasing their positions, 142 reducing their positions, and 42 closing their positions.
12% more call options, than puts
Call options by funds: $114M | Put options by funds: $102M
8% more funds holding in top 10
Funds holding in top 10: 40 → 43 (+3)
5% more capital invested
Capital invested by funds: $33.9B → $35.6B (+$1.71B)
0% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 42
1% less funds holding
Funds holding: 377 → 374 (-3)
1.19% less ownership
Funds ownership: 49.37% → 48.19% (-1.2%)
13% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$493M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$281M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$219M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$70.1M |
| 5 |
JP Morgan Chase
New York
|
+$67.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$255M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$182M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$141M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$104M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$76.1M |
BNS Hedge Fund Activity: Q3 2018 in Review
374 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2018, worth a combined $35.6B — up 5% from $33.9B a quarter earlier.
Fund positioning in BNS was balanced in Q3 2018: 42 funds opened new positions, 42 closed out, 124 added to existing stakes and 142 trimmed.
The largest buyer was Nordea Investment Management, opening a new position worth an estimated $493M. The largest seller was UBS AM, cutting an estimated $255M.
- 374 institutional investors held Scotiabank (BNS) as of Q3 2018, down from 377 in Q2 2018.
- Funds reported $35.6B of Scotiabank stock for Q3 2018, up 5% quarter-over-quarter.
- 42 funds opened new Scotiabank positions in Q3 2018 and 42 closed out, a net change of 0 holders.
- The largest Scotiabank buyer in Q3 2018 was Nordea Investment Management, an estimated $493M added.
- The largest Scotiabank seller in Q3 2018 was UBS AM, an estimated $255M sold.
Based on aggregated 13F filings for Q3 2018.