CI Financial Corp.
CIXX
CIXX was delisted on the 19th of January, 2023.
102 hedge funds and large institutions have $747M invested in CI Financial Corp. in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 43 increasing their positions, 40 reducing their positions, and 19 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 40
14% less funds holding
Funds holding: 119 → 102 (-17)
40% less capital invested
Capital invested by funds: $1.24B → $747M (-$491M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
55% less call options, than puts
Call options by funds: $3.68M | Put options by funds: $8.23M
74% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$13.6M |
| 2 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
+$6.93M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$5.57M |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$5.24M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$5.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$40.7M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$39.8M |
| 3 |
ECM
Engine Capital Management
New York
|
-$21.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.5M |
| 5 |
Man Group
London,
United Kingdom
|
-$9.32M |
CIXX Hedge Fund Activity: Q2 2022 in Review
102 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in CI Financial Corp. (CIXX) for Q2 2022, worth a combined $747M — down 40% from $1.24B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CIXX and 5 opened new positions — a net loss of 14 holders — while 40 trimmed existing stakes and 43 added.
The largest buyer was Toronto Dominion Bank, adding an estimated $13.6M. The largest seller was AGF Investments Inc, exiting entirely with an estimated $40.7M sold.
- 102 institutional investors held CI Financial Corp. (CIXX) as of Q2 2022, down from 119 in Q1 2022.
- Funds reported $747M of CI Financial Corp. stock for Q2 2022, down 40% quarter-over-quarter.
- 5 funds opened new CI Financial Corp. positions in Q2 2022 and 19 closed out, a net change of -14 holders.
- The largest CI Financial Corp. buyer in Q2 2022 was Toronto Dominion Bank, an estimated $13.6M added.
- The largest CI Financial Corp. seller in Q2 2022 was AGF Investments Inc, an estimated $40.7M sold.
Based on aggregated 13F filings for Q2 2022.