Scotiabank
BNS
393 hedge funds and large institutions have $25.8B invested in Scotiabank in 2024 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 132 increasing their positions, 145 reducing their positions, and 48 closing their positions.
19% more capital inflows, than outflows
Capital inflows: $1.6B | Capital outflows: $1.35B
7% more call options, than puts
Call options by funds: $624M | Put options by funds: $583M
0.01% more ownership
Funds ownership: 45.43% → 45.43% (+0.01%)
0% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 48
9% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 145
2% less funds holding
Funds holding: 401 → 393 (-8)
22% less funds holding in top 10
Funds holding in top 10: 23 → 18 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$453M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$170M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$125M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$91.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$70M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$244M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$146M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$92.6M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$91M |
| 5 |
MUFG Securities (Canada)
New York
|
-$87.7M |
BNS Hedge Fund Activity: Q2 2024 in Review
393 of the 6,944 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q2 2024, worth a combined $25.8B — down 11% from $28.9B a quarter earlier.
Fund positioning in BNS was balanced in Q2 2024: 48 funds opened new positions, 48 closed out, 132 added to existing stakes and 145 trimmed.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $453M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, cutting an estimated $244M.
- 393 institutional investors held Scotiabank (BNS) as of Q2 2024, down from 401 in Q1 2024.
- Funds reported $25.8B of Scotiabank stock for Q2 2024, down 11% quarter-over-quarter.
- 48 funds opened new Scotiabank positions in Q2 2024 and 48 closed out, a net change of 0 holders.
- The largest Scotiabank buyer in Q2 2024 was Federation des caisses Desjardins du Quebec, an estimated $453M added.
- The largest Scotiabank seller in Q2 2024 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $244M sold.
Based on aggregated 13F filings for Q2 2024.