Scotiabank
BNS
420 hedge funds and large institutions have $36B invested in Scotiabank in 2021 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 150 increasing their positions, 122 reducing their positions, and 27 closing their positions.
93% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 27
23% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 122
6% more funds holding
Funds holding: 398 → 420 (+22)
0.49% more ownership
Funds ownership: 47.27% → 47.76% (+0.49%)
4% less capital invested
Capital invested by funds: $37.5B → $36B (-$1.45B)
11% less funds holding in top 10
Funds holding in top 10: 38 → 34 (-4)
39% less call options, than puts
Call options by funds: $399M | Put options by funds: $652M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$505M |
| 2 |
MSC
MUFG Securities (Canada)
New York
|
+$388M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$286M |
| 4 |
Amundi
Paris,
France
|
+$126M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$99.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$622M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$308M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$114M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$90.6M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$47.5M |
BNS Hedge Fund Activity: Q3 2021 in Review
420 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2021, worth a combined $36B — down 3.9% from $37.5B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new BNS positions and 27 closed out — a net gain of 25 holders — while 150 added to existing stakes and 122 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $505M. The largest seller was Fidelity International, cutting an estimated $622M.
- 420 institutional investors held Scotiabank (BNS) as of Q3 2021, up from 398 in Q2 2021.
- Funds reported $36B of Scotiabank stock for Q3 2021, down 3.9% quarter-over-quarter.
- 52 funds opened new Scotiabank positions in Q3 2021 and 27 closed out, a net change of +25 holders.
- The largest Scotiabank buyer in Q3 2021 was Bank of Montreal, an estimated $505M added.
- The largest Scotiabank seller in Q3 2021 was Fidelity International, an estimated $622M sold.
Based on aggregated 13F filings for Q3 2021.