Scotiabank
BNS
355 hedge funds and large institutions have $31.6B invested in Scotiabank in 2019 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 121 increasing their positions, 136 reducing their positions, and 44 closing their positions.
30% more call options, than puts
Call options by funds: $322M | Put options by funds: $247M
1% more capital invested
Capital invested by funds: $31.2B → $31.6B (+$419M)
0.31% more ownership
Funds ownership: 47.23% → 47.54% (+0.31%)
0% more funds holding in top 10
Funds holding in top 10: 45 → 45 (0)
5% less funds holding
Funds holding: 373 → 355 (-18)
11% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 136
39% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$677M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$118M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$91.5M |
| 4 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
+$70.8M |
| 5 |
JP Morgan Chase
New York
|
+$62.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$264M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$166M |
| 3 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$104M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$65.4M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$63.9M |
BNS Hedge Fund Activity: Q2 2019 in Review
355 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2019, worth a combined $31.6B — up 1.3% from $31.2B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of BNS and 27 opened new positions — a net loss of 17 holders — while 136 trimmed existing stakes and 121 added.
The largest buyer was Canada Life, opening a new position worth an estimated $677M. The largest seller was Bank of Montreal, cutting an estimated $264M.
- 355 institutional investors held Scotiabank (BNS) as of Q2 2019, down from 373 in Q1 2019.
- Funds reported $31.6B of Scotiabank stock for Q2 2019, up 1.3% quarter-over-quarter.
- 27 funds opened new Scotiabank positions in Q2 2019 and 44 closed out, a net change of -17 holders.
- The largest Scotiabank buyer in Q2 2019 was Canada Life, an estimated $677M added.
- The largest Scotiabank seller in Q2 2019 was Bank of Montreal, an estimated $264M sold.
Based on aggregated 13F filings for Q2 2019.