Manulife Financial
496 hedge funds and large institutions have $13.8B invested in Manulife Financial in 2018 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 145 increasing their positions, 146 reducing their positions, and 51 closing their positions.
73% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 51
7% more funds holding
Funds holding: 463 → 496 (+33)
0.98% more ownership
Funds ownership: 47.74% → 48.71% (+0.98%)
1% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 146
19% less capital invested
Capital invested by funds: $17B → $13.8B (-$3.18B)
33% less funds holding in top 10
Funds holding in top 10: 21 → 14 (-7)
52% less call options, than puts
Call options by funds: $24.9M | Put options by funds: $52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$262M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$181M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$163M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$83.7M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$82.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$97.3M |
| 2 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$68.8M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$53.7M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$53.1M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$52.9M |
MFC Hedge Fund Activity: Q4 2018 in Review
496 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Manulife Financial (MFC) for Q4 2018, worth a combined $13.8B — down 19% from $17B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new MFC positions and 51 closed out — a net gain of 37 holders — while 145 added to existing stakes and 146 trimmed.
The largest buyer was EdgePoint Investment Group, adding an estimated $262M. The largest seller was Royal Bank of Canada, cutting an estimated $97.3M.
- 496 institutional investors held Manulife Financial (MFC) as of Q4 2018, up from 463 in Q3 2018.
- Funds reported $13.8B of Manulife Financial stock for Q4 2018, down 19% quarter-over-quarter.
- 88 funds opened new Manulife Financial positions in Q4 2018 and 51 closed out, a net change of +37 holders.
- The largest Manulife Financial buyer in Q4 2018 was EdgePoint Investment Group, an estimated $262M added.
- The largest Manulife Financial seller in Q4 2018 was Royal Bank of Canada, an estimated $97.3M sold.
Based on aggregated 13F filings for Q4 2018.