Scotiabank
BNS
484 hedge funds and large institutions have $42.2B invested in Scotiabank in 2025 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 160 increasing their positions, 158 reducing their positions, and 33 closing their positions.
106% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 33
18% more capital invested
Capital invested by funds: $35.8B → $42.2B (+$6.41B)
5% more funds holding
Funds holding: 461 → 484 (+23)
1.55% more ownership
Funds ownership: 44.57% → 46.12% (+1.5%)
1% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 158
4% less funds holding in top 10
Funds holding in top 10: 27 → 26 (-1)
62% less call options, than puts
Call options by funds: $959M | Put options by funds: $2.54B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$371M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$294M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$289M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$274M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$234M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.21B |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$342M |
| 3 |
Goldman Sachs
New York
|
-$214M |
| 4 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$138M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$123M |
BNS Hedge Fund Activity: Q4 2025 in Review
484 of the 8,261 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q4 2025, worth a combined $42.2B — up 18% from $35.8B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new BNS positions and 33 closed out — a net gain of 35 holders — while 160 added to existing stakes and 158 trimmed.
The largest buyer was Fidelity International, adding an estimated $371M. The largest seller was Royal Bank of Canada, cutting an estimated $1.21B.
- 484 institutional investors held Scotiabank (BNS) as of Q4 2025, up from 461 in Q3 2025.
- Funds reported $42.2B of Scotiabank stock for Q4 2025, up 18% quarter-over-quarter.
- 68 funds opened new Scotiabank positions in Q4 2025 and 33 closed out, a net change of +35 holders.
- The largest Scotiabank buyer in Q4 2025 was Fidelity International, an estimated $371M added.
- The largest Scotiabank seller in Q4 2025 was Royal Bank of Canada, an estimated $1.21B sold.
Based on aggregated 13F filings for Q4 2025.