Scotiabank
BNS
325 hedge funds and large institutions have $23.8B invested in Scotiabank in 2020 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 96 increasing their positions, 140 reducing their positions, and 46 closing their positions.
24% more call options, than puts
Call options by funds: $233M | Put options by funds: $187M
1% less capital invested
Capital invested by funds: $24.1B → $23.8B (-$250M)
1.23% less ownership
Funds ownership: 49.02% → 47.78% (-1.2%)
6% less funds holding
Funds holding: 345 → 325 (-20)
12% less funds holding in top 10
Funds holding in top 10: 34 → 30 (-4)
31% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 140
35% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$286M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$237M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$99.6M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$83.7M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$70.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$398M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$293M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$274M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$179M |
| 5 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
-$87.7M |
BNS Hedge Fund Activity: Q2 2020 in Review
325 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2020, worth a combined $23.8B — down 1% from $24.1B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of BNS and 30 opened new positions — a net loss of 16 holders — while 140 trimmed existing stakes and 96 added.
The largest buyer was Capital World Investors, adding an estimated $286M. The largest seller was Scotia Capital, exiting entirely with an estimated $398M sold.
- 325 institutional investors held Scotiabank (BNS) as of Q2 2020, down from 345 in Q1 2020.
- Funds reported $23.8B of Scotiabank stock for Q2 2020, down 1% quarter-over-quarter.
- 30 funds opened new Scotiabank positions in Q2 2020 and 46 closed out, a net change of -16 holders.
- The largest Scotiabank buyer in Q2 2020 was Capital World Investors, an estimated $286M added.
- The largest Scotiabank seller in Q2 2020 was Scotia Capital, an estimated $398M sold.
Based on aggregated 13F filings for Q2 2020.