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Scotiabank

410 hedge funds and large institutions have $31.2B invested in Scotiabank in 2024 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 143 increasing their positions, 140 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 1825 (+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 → $31.2B (+$5.47B)

5% more funds holding

Funds holding: 391410 (+19)

1.3% more ownership

Funds ownership: 45.43%46.73% (+1.3%)

2% more repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 140

Holders
410
Holders Change
+19
Holders Change %
+4.86%
% of All Funds
5.89%
Holding in Top 10
25
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+38.89%
% of All Funds
0.36%
New
56
Increased
143
Reduced
140
Closed
33
Calls
$1.05B
Puts
$775M
Net Calls
+$273M
Net Calls Change
+$232M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.59B +$104M +2,136,356 +2%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$3.28B -$441M -9,096,456 -13%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.75B +$51.1M +1,053,929 +2%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$1.53B -$63.8M -1,315,860 -4%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$1.05B +$67.9M +1,399,304 +8%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$1.02B +$657K +13,542 +0.1%
National Bank of Canada
7
National Bank of Canada
Quebec, Canada
$1.02B -$35.3M -727,499 -4%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$891M +$60.9M +1,255,536 +8%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$831M +$8M +165,055 +1%
FDCDDQ
10
Federation des caisses Desjardins du Quebec
Quebec, Canada
$784M +$1.8M +37,077 +0.3%
SC
11
Scotia Capital
Ontario, Canada
$778M -$33M -680,547 -5%
Goldman Sachs
12
Goldman Sachs
New York
$749M +$382M +7,871,117 +134%
Norges Bank
13
Norges Bank
Norway
$715M -$117M -2,411,295 -16%
JFL
14
Jarislowsky, Fraser Ltd
Quebec, Canada
$676M -$14.2M -292,827 -2%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
15
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$641M +$114M +2,346,995 +25%
CIBC Asset Management
16
CIBC Asset Management
Ontario, Canada
$551M +$11.7M +240,803 +2%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$420M -$98.8M -2,037,503 -21%
Legal & General Group
18
Legal & General Group
United Kingdom
$401M +$8.38M +172,769 +2%
BGC
19
Beutel, Goodman & Co
Ontario, Canada
$393M -$7.68M -158,394 -2%
Bank of America
20
Bank of America
North Carolina
$348M +$50.1M +1,032,844 +19%
JP Morgan Chase
21
JP Morgan Chase
New York
$328M -$4.68M -96,418 -2%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$311M +$25.4M +524,496 +10%
BCIM
23
British Columbia Investment Management
British Columbia, Canada
$299M +$192M +3,958,580 +260%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$285M +$6.81M +140,379 +3%
Amundi
25
Amundi
France
$276M -$15.4M -317,347 -7%

BNS Hedge Fund Activity: Q3 2024 in Review

410 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q3 2024, worth a combined $31.2B — 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 143 added to existing stakes and 140 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $382M. The largest seller was Bank of Montreal, cutting an estimated $441M.

  • 410 institutional investors held Scotiabank (BNS) as of Q3 2024, up from 391 in Q2 2024.
  • Funds reported $31.2B 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.