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Scotiabank

373 hedge funds and large institutions have $31.2B invested in Scotiabank in 2019 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 110 increasing their positions, 142 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 32

1% more funds holding

Funds holding: 369373 (+4)

3% more capital invested

Capital invested by funds: $30.3B → $31.2B (+$860M)

1.9% less ownership

Funds ownership: 49.12%47.23% (-1.9%)

4% less funds holding in top 10

Funds holding in top 10: 4745 (-2)

23% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 142

44% less call options, than puts

Call options by funds: $263M | Put options by funds: $469M

Holders
373
Holders Change
+4
Holders Change %
+1.08%
% of All Funds
8.07%
Holding in Top 10
45
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-4.26%
% of All Funds
0.97%
New
37
Increased
110
Reduced
142
Closed
32
Calls
$263M
Puts
$469M
Net Calls
-$206M
Net Calls Change
-$267M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.68B +$60.2M +1,098,597 +1%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.87B +$150M +2,738,962 +5%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$1.89B +$38.6M +703,589 +2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.81B +$31M +564,936 +2%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$1.14B -$78.1M -1,425,835 -6%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$1.12B +$10.6M +194,263 +0.9%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$1.07B +$92.3M +1,683,814 +9%
Caisse de Depot et Placement du Quebec (CDPQ)
8
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$990M -$149M -2,725,000 -13%
JFL
9
Jarislowsky, Fraser Ltd
Quebec, Canada
$806M -$24.9M -454,802 -3%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$791M -$18.9M -344,026 -2%
Norges Bank
11
Norges Bank
Norway
$779M +$30.8M +562,220 +4%
Manulife (Manufacturers Life Insurance)
12
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$714M -$39.6M -722,308 -5%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$696M -$109M -1,987,357 -13%
BGC
14
Beutel, Goodman & Co
Ontario, Canada
$659M -$238K -4,348 -0%
Nordea Investment Management
15
Nordea Investment Management
Sweden
$585M -$2.3M -41,959 -0.5%
SC
16
Scotia Capital
Ontario, Canada
$498M +$8.3M +151,495 +2%
LBA
17
Letko, Brosseau & Associates
Quebec, Canada
$417M +$9.29M +169,632 +2%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$378M -$84.6M -1,544,351 -18%
CIBC Asset Management
19
CIBC Asset Management
Ontario, Canada
$346M -$59.2M -1,079,680 -14%
QI
20
QV Investors
Alberta, Canada
$335M -$13.5M -246,061 -5%
Fiera Capital (Canada)
21
Fiera Capital (Canada)
Quebec, Canada
$323M -$10.2M -187,002 -3%
Legal & General Group
22
Legal & General Group
United Kingdom
$311M +$67.5M +1,232,648 +27%
OAC
23
OMERS Administration Corp
Ontario, Canada
$305M -$14.3M -261,259 -5%
GCC
24
Guardian Capital (Canada)
Ontario, Canada
$304M -$32.6M -594,800 -9%
Invesco
25
Invesco
Georgia
$291M +$69.3K +1,264 +0%

BNS Hedge Fund Activity: Q1 2019 in Review

373 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q1 2019, worth a combined $31.2B — up 2.8% from $30.3B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new BNS positions and 32 closed out — a net gain of 5 holders — while 110 added to existing stakes and 142 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $150M. The largest seller was Canada Life, exiting entirely with an estimated $705M sold.

  • 373 institutional investors held Scotiabank (BNS) as of Q1 2019, up from 369 in Q4 2018.
  • Funds reported $31.2B of Scotiabank stock for Q1 2019, up 2.8% quarter-over-quarter.
  • 37 funds opened new Scotiabank positions in Q1 2019 and 32 closed out, a net change of +5 holders.
  • The largest Scotiabank buyer in Q1 2019 was Bank of Montreal, an estimated $150M added.
  • The largest Scotiabank seller in Q1 2019 was Canada Life, an estimated $705M sold.

Based on aggregated 13F filings for Q1 2019.