Scotiabank
BNS
440 hedge funds and large institutions have $39.6B invested in Scotiabank in 2021 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 149 increasing their positions, 139 reducing their positions, and 37 closing their positions.
73% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 37
18% more funds holding in top 10
Funds holding in top 10: 34 → 40 (+6)
10% more capital invested
Capital invested by funds: $36B → $39.6B (+$3.6B)
5% more funds holding
Funds holding: 420 → 440 (+20)
7% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 139
2.36% less ownership
Funds ownership: 47.76% → 45.4% (-2.4%)
45% less call options, than puts
Call options by funds: $471M | Put options by funds: $853M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$291M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$173M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$139M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$106M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$92.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$724M |
| 2 |
MSC
MUFG Securities (Canada)
New York
|
-$582M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$384M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$243M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$167M |
BNS Hedge Fund Activity: Q4 2021 in Review
440 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2021, worth a combined $39.6B — up 10% from $36B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BNS positions and 37 closed out — a net gain of 27 holders — while 149 added to existing stakes and 139 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $291M. The largest seller was Bank of Montreal, cutting an estimated $724M.
- 440 institutional investors held Scotiabank (BNS) as of Q4 2021, up from 420 in Q3 2021.
- Funds reported $39.6B of Scotiabank stock for Q4 2021, up 10% quarter-over-quarter.
- 64 funds opened new Scotiabank positions in Q4 2021 and 37 closed out, a net change of +27 holders.
- The largest Scotiabank buyer in Q4 2021 was Royal Bank of Canada, an estimated $291M added.
- The largest Scotiabank seller in Q4 2021 was Bank of Montreal, an estimated $724M sold.
Based on aggregated 13F filings for Q4 2021.