Sun Life Financial
398 hedge funds and large institutions have $14.3B invested in Sun Life Financial in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 130 increasing their positions, 123 reducing their positions, and 27 closing their positions.
93% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 27
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
9% more capital invested
Capital invested by funds: $13.2B → $14.3B (+$1.17B)
5% more funds holding
Funds holding: 379 → 398 (+19)
1.52% more ownership
Funds ownership: 45.53% → 47.05% (+1.5%)
6% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 123
27% less call options, than puts
Call options by funds: $334M | Put options by funds: $457M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$199M |
| 2 |
Morgan Stanley
New York
|
+$190M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$126M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$36.4M |
| 5 |
AM
AGF Management
Toronto,
Ontario, Canada
|
+$36.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$115M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$102M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$92.7M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$90.2M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$25.9M |
SLF Hedge Fund Activity: Q4 2023 in Review
398 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q4 2023, worth a combined $14.3B — up 8.9% from $13.2B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new SLF positions and 27 closed out — a net gain of 25 holders — while 130 added to existing stakes and 123 trimmed.
The largest buyer was TD Asset Management, adding an estimated $199M. The largest seller was Royal Bank of Canada, cutting an estimated $115M.
- 398 institutional investors held Sun Life Financial (SLF) as of Q4 2023, up from 379 in Q3 2023.
- Funds reported $14.3B of Sun Life Financial stock for Q4 2023, up 8.9% quarter-over-quarter.
- 52 funds opened new Sun Life Financial positions in Q4 2023 and 27 closed out, a net change of +25 holders.
- The largest Sun Life Financial buyer in Q4 2023 was TD Asset Management, an estimated $199M added.
- The largest Sun Life Financial seller in Q4 2023 was Royal Bank of Canada, an estimated $115M sold.
Based on aggregated 13F filings for Q4 2023.