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Scotiabank

355 hedge funds and large institutions have $31.5B 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.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $322M | Put options by funds: $247M

2.11% more ownership

Funds ownership: 47.23%49.34% (+2.1%)

1% more capital invested

Capital invested by funds: $31.2B → $31.5B (+$327M)

0% more funds holding in top 10

Funds holding in top 10: 4545 (0)

5% less funds holding

Funds holding: 373355 (-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

Holders
355
Holders Change
-18
Holders Change %
-4.83%
% of All Funds
7.71%
Holding in Top 10
45
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.98%
New
27
Increased
121
Reduced
136
Closed
44
Calls
$322M
Puts
$247M
Net Calls
+$74.7M
Net Calls Change
+$280M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.89B +$91.5M +1,712,355 +2%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.66B -$264M -4,941,518 -9%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$1.92B +$8.98M +168,037 +0.5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.89B +$49.6M +928,427 +3%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$1.2B +$1.31B +24,434,408 +122%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$1.15B +$3.09M +57,934 +0.3%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$1.1B -$63.9M -1,195,694 -6%
Caisse de Depot et Placement du Quebec (CDPQ)
8
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$947M -$53.4M -1,000,000 -5%
1832 Asset Management
9
1832 Asset Management
Ontario, Canada
$803M -$489K -9,145 -0.1%
JFL
10
Jarislowsky, Fraser Ltd
Quebec, Canada
$791M -$23.4M -438,678 -3%
Norges Bank
11
Norges Bank
Norway
$760M -$27M -504,997 -3%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$712M +$2.52M +47,259 +0.4%
Canada Life
13
Canada Life
Manitoba, Canada
$680M +$677M +12,677,249 New
BGC
14
Beutel, Goodman & Co
Ontario, Canada
$655M -$9.52M -178,130 -1%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$554M -$166M -3,106,134 -23%
SC
16
Scotia Capital
Ontario, Canada
$509M +$7.15M +133,887 +1%
LBA
17
Letko, Brosseau & Associates
Quebec, Canada
$432M +$10.3M +192,941 +2%
Nordea Investment Management
18
Nordea Investment Management
Sweden
$431M -$18M -337,633 -4%
CIBC Asset Management
19
CIBC Asset Management
Ontario, Canada
$359M +$9.45M +176,870 +3%
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$340M +$9.16M +171,426 +3%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$338M -$43.4M -811,771 -11%
Legal & General Group
22
Legal & General Group
United Kingdom
$314M -$170K -3,181 -0.1%
OAC
23
OMERS Administration Corp
Ontario, Canada
$302M
Invesco
24
Invesco
Georgia
$301M +$3.92M +73,303 +1%
GCC
25
Guardian Capital (Canada)
Ontario, Canada
$279M -$27.7M -518,779 -9%

BNS Hedge Fund Activity: Q2 2019 in Review

355 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2019, worth a combined $31.5B — up 1% 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 Toronto Dominion Bank, adding an estimated $1.31B. 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 $31.5B of Scotiabank stock for Q2 2019, up 1% 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 Toronto Dominion Bank, an estimated $1.31B added.
  • The largest Scotiabank seller in Q2 2019 was Bank of Montreal, an estimated $264M sold.

Based on aggregated 13F filings for Q2 2019.