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Scotiabank

441 hedge funds and large institutions have $29.3B invested in Scotiabank in 2024 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 154 increasing their positions, 137 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 33

12% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 137

8% more funds holding

Funds holding: 410441 (+31)

2.47% less ownership

Funds ownership: 46.73%44.26% (-2.5%)

4% less funds holding in top 10

Funds holding in top 10: 2524 (-1)

6% less capital invested

Capital invested by funds: $31.2B → $29.3B (-$1.89B)

33% less call options, than puts

Call options by funds: $651M | Put options by funds: $973M

Holders
441
Holders Change
+31
Holders Change %
+7.56%
% of All Funds
5.81%
Holding in Top 10
24
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4%
% of All Funds
0.32%
New
70
Increased
154
Reduced
137
Closed
33
Calls
$651M
Puts
$973M
Net Calls
-$322M
Net Calls Change
-$595M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.34B -$169M -3,128,299 -3%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$3.47B +$232M +4,291,395 +7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.76B +$52.3M +969,488 +2%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$1.64B +$129M +2,386,590 +9%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$1.08B +$43.1M +797,671 +4%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$1.02B +$16.7M +308,837 +2%
National Bank of Canada
7
National Bank of Canada
Quebec, Canada
$1B -$2.02M -37,390 -0.2%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$932M +$54.1M +1,002,721 +6%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$793M -$25.6M -473,310 -3%
SC
10
Scotia Capital
Ontario, Canada
$753M -$13.7M -252,981 -2%
Norges Bank
11
Norges Bank
Norway
$691M -$13.7M -253,190 -2%
JFL
12
Jarislowsky, Fraser Ltd
Quebec, Canada
$628M -$34.6M -641,313 -5%
CIBC Asset Management
13
CIBC Asset Management
Ontario, Canada
$552M +$9.98M +184,761 +2%
FDCDDQ
14
Federation des caisses Desjardins du Quebec
Quebec, Canada
$503M -$270M -4,994,204 -35%
Connor, Clark & Lunn Investment Management (CC&L)
15
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$434M +$20.8M +385,333 +5%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$406M +$96.8M +1,792,700 +32%
Legal & General Group
17
Legal & General Group
United Kingdom
$403M +$8.19M +151,676 +2%
BGC
18
Beutel, Goodman & Co
Ontario, Canada
$348M -$38.4M -710,639 -10%
JP Morgan Chase
19
JP Morgan Chase
New York
$308M -$16M -295,945 -5%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$277M -$4.43M -82,001 -2%
Amundi
21
Amundi
France
$267M -$5.5M -101,908 -2%
Bank of America
22
Bank of America
North Carolina
$243M -$100M -1,860,899 -29%
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$243M +$3.88M +71,866 +2%
LBA
24
Letko, Brosseau & Associates
Quebec, Canada
$222M -$6.34M -117,462 -3%
Barrow, Hanley, Mewhinney & Strauss
25
Barrow, Hanley, Mewhinney & Strauss
Texas
$208M -$4.76M -88,185 -2%

BNS Hedge Fund Activity: Q4 2024 in Review

441 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2024, worth a combined $29.3B — down 6.1% from $31.2B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new BNS positions and 33 closed out — a net gain of 37 holders — while 154 added to existing stakes and 137 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $232M. The largest seller was Goldman Sachs, cutting an estimated $588M.

  • 441 institutional investors held Scotiabank (BNS) as of Q4 2024, up from 410 in Q3 2024.
  • Funds reported $29.3B of Scotiabank stock for Q4 2024, down 6.1% quarter-over-quarter.
  • 70 funds opened new Scotiabank positions in Q4 2024 and 33 closed out, a net change of +37 holders.
  • The largest Scotiabank buyer in Q4 2024 was Bank of Montreal, an estimated $232M added.
  • The largest Scotiabank seller in Q4 2024 was Goldman Sachs, an estimated $588M sold.

Based on aggregated 13F filings for Q4 2024.