Scotiabank
BNS
419 hedge funds and large institutions have $26.5B invested in Scotiabank in 2022 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 120 increasing their positions, 173 reducing their positions, and 41 closing their positions.
29% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 41
12% more capital invested
Capital invested by funds: $23.7B → $26.5B (+$2.77B)
1% more funds holding
Funds holding: 416 → 419 (+3)
1.29% less ownership
Funds ownership: 46.89% → 45.6% (-1.3%)
16% less funds holding in top 10
Funds holding in top 10: 32 → 27 (-5)
21% less call options, than puts
Call options by funds: $719M | Put options by funds: $911M
31% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 173
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$954M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$125M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$119M |
| 4 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$84.1M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$83.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$528M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$380M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$280M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$176M |
| 5 |
M
Murchinson
Toronto,
Ontario, Canada
|
-$149M |
BNS Hedge Fund Activity: Q4 2022 in Review
419 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2022, worth a combined $26.5B — up 12% from $23.7B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new BNS positions and 41 closed out — a net gain of 12 holders — while 120 added to existing stakes and 173 trimmed.
The largest buyer was National Bank of Canada, adding an estimated $954M. The largest seller was Bank of America, cutting an estimated $528M.
- 419 institutional investors held Scotiabank (BNS) as of Q4 2022, up from 416 in Q3 2022.
- Funds reported $26.5B of Scotiabank stock for Q4 2022, up 12% quarter-over-quarter.
- 53 funds opened new Scotiabank positions in Q4 2022 and 41 closed out, a net change of +12 holders.
- The largest Scotiabank buyer in Q4 2022 was National Bank of Canada, an estimated $954M added.
- The largest Scotiabank seller in Q4 2022 was Bank of America, an estimated $528M sold.
Based on aggregated 13F filings for Q4 2022.