Scotiabank
BNS
398 hedge funds and large institutions have $37.5B invested in Scotiabank in 2021 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 169 increasing their positions, 97 reducing their positions, and 35 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 97
31% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 35
3% more funds holding
Funds holding: 388 → 398 (+10)
5% more call options, than puts
Call options by funds: $360M | Put options by funds: $341M
3% more capital invested
Capital invested by funds: $36.5B → $37.5B (+$972M)
0.55% less ownership
Funds ownership: 47.82% → 47.27% (-0.55%)
10% less funds holding in top 10
Funds holding in top 10: 42 → 38 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$274M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$258M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$101M |
| 4 |
JP Morgan Chase
New York
|
+$67.2M |
| 5 |
MSC
MUFG Securities (Canada)
New York
|
+$64.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$264M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$239M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$203M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$188M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$163M |
BNS Hedge Fund Activity: Q2 2021 in Review
398 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2021, worth a combined $37.5B — up 2.7% from $36.5B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new BNS positions and 35 closed out — a net gain of 11 holders — while 169 added to existing stakes and 97 trimmed.
The largest buyer was Bank of America, adding an estimated $274M. The largest seller was Credit Suisse, cutting an estimated $264M.
- 398 institutional investors held Scotiabank (BNS) as of Q2 2021, up from 388 in Q1 2021.
- Funds reported $37.5B of Scotiabank stock for Q2 2021, up 2.7% quarter-over-quarter.
- 46 funds opened new Scotiabank positions in Q2 2021 and 35 closed out, a net change of +11 holders.
- The largest Scotiabank buyer in Q2 2021 was Bank of America, an estimated $274M added.
- The largest Scotiabank seller in Q2 2021 was Credit Suisse, an estimated $264M sold.
Based on aggregated 13F filings for Q2 2021.