CI Financial Corp.
CIXX
CIXX was delisted on the 19th of January, 2023.
103 hedge funds and large institutions have $621M invested in CI Financial Corp. in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 49 reducing their positions, and 9 closing their positions.
167% more call options, than puts
Call options by funds: $21.5M | Put options by funds: $8.08M
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 102 → 103 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less capital invested
Capital invested by funds: $699M → $621M (-$77.5M)
51% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$40.9M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$24.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10.2M |
| 4 |
Goldman Sachs
New York
|
+$3.55M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$28.6M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$11.9M |
| 3 |
Renaissance Technologies
New York
|
-$11.4M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.08M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$7.79M |
CIXX Hedge Fund Activity: Q3 2022 in Review
103 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in CI Financial Corp. (CIXX) for Q3 2022, worth a combined $621M — down 11% from $699M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CIXX positions and 9 closed out — a net gain of 1 holder — while 24 added to existing stakes and 49 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $40.9M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $28.6M.
- 103 institutional investors held CI Financial Corp. (CIXX) as of Q3 2022, up from 102 in Q2 2022.
- Funds reported $621M of CI Financial Corp. stock for Q3 2022, down 11% quarter-over-quarter.
- 10 funds opened new CI Financial Corp. positions in Q3 2022 and 9 closed out, a net change of +1 holder.
- The largest CI Financial Corp. buyer in Q3 2022 was Royal Bank of Canada, an estimated $40.9M added.
- The largest CI Financial Corp. seller in Q3 2022 was Manulife (Manufacturers Life Insurance), an estimated $28.6M sold.
Based on aggregated 13F filings for Q3 2022.