Sun Life Financial
About: Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 38% of adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 20% of the firm's adjusted earnings in 2024. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.1 trillion total assets under management or administration at the end of 2024 and represents around 34% of the firm's earnings.
Employees: 31,768
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
20% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 6 (+1) [Q1 2025]
19% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 126
0.88% less ownership
Funds ownership: 45.72% [Q4 2024] → 44.84% (-0.88%) [Q1 2025]
5% less funds holding
Funds holding: 435 [Q4 2024] → 412 (-23) [Q1 2025]
6% less capital invested
Capital invested by funds: $15.7B [Q4 2024] → $14.7B (-$917M) [Q1 2025]
28% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 46
29% less call options, than puts
Call options by funds: $206M | Put options by funds: $290M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
RBC Capital Darko Mihelic | 42%upside $88 | Outperform Maintained | 12 May 2025 |
Financial journalist opinion
Based on 6 articles about SLF published over the past 30 days
