Scotiabank
BNS
388 hedge funds and large institutions have $36.5B invested in Scotiabank in 2021 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 134 increasing their positions, 118 reducing their positions, and 37 closing their positions.
46% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 37
40% more call options, than puts
Call options by funds: $514M | Put options by funds: $367M
20% more funds holding in top 10
Funds holding in top 10: 35 → 42 (+7)
18% more capital invested
Capital invested by funds: $30.8B → $36.5B (+$5.65B)
14% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 118
4% more funds holding
Funds holding: 373 → 388 (+15)
0.86% more ownership
Funds ownership: 46.95% → 47.82% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$1.07B |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$502M |
| 3 |
MSC
MUFG Securities (Canada)
New York
|
+$232M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$168M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$96.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$545M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$411M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$131M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$127M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$107M |
BNS Hedge Fund Activity: Q1 2021 in Review
388 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q1 2021, worth a combined $36.5B — up 18% from $30.8B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new BNS positions and 37 closed out — a net gain of 17 holders — while 134 added to existing stakes and 118 trimmed.
The largest buyer was Fidelity International, adding an estimated $1.07B. The largest seller was Canada Life, cutting an estimated $545M.
- 388 institutional investors held Scotiabank (BNS) as of Q1 2021, up from 373 in Q4 2020.
- Funds reported $36.5B of Scotiabank stock for Q1 2021, up 18% quarter-over-quarter.
- 54 funds opened new Scotiabank positions in Q1 2021 and 37 closed out, a net change of +17 holders.
- The largest Scotiabank buyer in Q1 2021 was Fidelity International, an estimated $1.07B added.
- The largest Scotiabank seller in Q1 2021 was Canada Life, an estimated $545M sold.
Based on aggregated 13F filings for Q1 2021.