Scotiabank
BNS
411 hedge funds and large institutions have $31.1B invested in Scotiabank in 2024 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 141 increasing their positions, 142 reducing their positions, and 33 closing their positions.
70% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 33
39% more funds holding in top 10
Funds holding in top 10: 18 → 25 (+7)
35% more call options, than puts
Call options by funds: $1.05B | Put options by funds: $775M
21% more capital invested
Capital invested by funds: $25.8B → $31.1B (+$5.36B)
5% more funds holding
Funds holding: 392 → 411 (+19)
0.85% more ownership
Funds ownership: 45.43% → 46.29% (+0.85%)
1% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$382M |
| 2 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$192M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$114M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$104M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$79.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$441M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$117M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$98.8M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$63.8M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$35.3M |
BNS Hedge Fund Activity: Q3 2024 in Review
411 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2024, worth a combined $31.1B — up 21% from $25.8B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new BNS positions and 33 closed out — a net gain of 23 holders — while 141 added to existing stakes and 142 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $382M. The largest seller was Bank of Montreal, cutting an estimated $441M.
- 411 institutional investors held Scotiabank (BNS) as of Q3 2024, up from 392 in Q2 2024.
- Funds reported $31.1B of Scotiabank stock for Q3 2024, up 21% quarter-over-quarter.
- 56 funds opened new Scotiabank positions in Q3 2024 and 33 closed out, a net change of +23 holders.
- The largest Scotiabank buyer in Q3 2024 was Goldman Sachs, an estimated $382M added.
- The largest Scotiabank seller in Q3 2024 was Bank of Montreal, an estimated $441M sold.
Based on aggregated 13F filings for Q3 2024.