Royal Bank of Canada
384 hedge funds and large institutions have $46.5B invested in Royal Bank of Canada in 2014 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 120 increasing their positions, 141 reducing their positions, and 22 closing their positions.
50% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 22
8% more funds holding in top 10
Funds holding in top 10: 40 → 43 (+3)
2% more funds holding
Funds holding: 376 → 384 (+8)
4% less capital invested
Capital invested by funds: $48.7B → $46.5B (-$2.18B)
2.12% less ownership
Funds ownership: 47.11% → 44.99% (-2.1%)
15% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 141
18% less call options, than puts
Call options by funds: $276M | Put options by funds: $338M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMIC
Cardinal Capital Management Inc (Canada)
Winnipeg,
Manitoba, Canada
|
+$96.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$95M |
| 3 |
KCM
Kames Capital Management
Edinburgh,
United Kingdom
|
+$61.2M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$56.9M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$49.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$860M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$593M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$526M |
| 4 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$212M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$186M |
RY Hedge Fund Activity: Q3 2014 in Review
384 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Royal Bank of Canada (RY) for Q3 2014, worth a combined $46.5B — down 4.5% from $48.7B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new RY positions and 22 closed out — a net gain of 11 holders — while 120 added to existing stakes and 141 trimmed.
The largest buyer was Cardinal Capital Management Inc (Canada), adding an estimated $96.6M. The largest seller was Norges Bank, cutting an estimated $860M.
- 384 institutional investors held Royal Bank of Canada (RY) as of Q3 2014, up from 376 in Q2 2014.
- Funds reported $46.5B of Royal Bank of Canada stock for Q3 2014, down 4.5% quarter-over-quarter.
- 33 funds opened new Royal Bank of Canada positions in Q3 2014 and 22 closed out, a net change of +11 holders.
- The largest Royal Bank of Canada buyer in Q3 2014 was Cardinal Capital Management Inc (Canada), an estimated $96.6M added.
- The largest Royal Bank of Canada seller in Q3 2014 was Norges Bank, an estimated $860M sold.
Based on aggregated 13F filings for Q3 2014.