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Sun Life Financial

193 hedge funds and large institutions have $8.54B invested in Sun Life Financial in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 62 increasing their positions, 76 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more call options, than puts

Call options by funds: $38.7M | Put options by funds: $19.6M

83% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 12

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

7% more capital invested

Capital invested by funds: $7.99B → $8.54B (+$549M)

4% more funds holding

Funds holding: 186193 (+7)

0.5% less ownership

Funds ownership: 44.8%44.3% (-0.5%)

18% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 76

Holders
193
Holders Change
+7
Holders Change %
+3.76%
% of All Funds
6.26%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.29%
New
22
Increased
62
Reduced
76
Closed
12
Calls
$38.7M
Puts
$19.6M
Net Calls
+$19.1M
Net Calls Change
+$6.66M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.45B -$9.24M -290,496 -0.6%
IGIM
2
I.G. Investment Management
Manitoba, Canada
$694M -$64.4M -2,025,600 -9%
Bank of Nova Scotia
3
Bank of Nova Scotia
Ontario, Canada
$501M -$7.3M -229,753 -1%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$497M -$18.4M -578,850 -4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$491M -$169M -5,323,722 -26%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$487M +$82.5M +2,594,475 +21%
CIBC Asset Management
7
CIBC Asset Management
Ontario, Canada
$396M +$8.73M +274,757 +2%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$390M +$1.72M +54,190 +0.4%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$384M -$16.2M -510,493 -4%
LBA
10
Letko, Brosseau & Associates
Quebec, Canada
$354M -$3.84M -120,838 -1%
Capital Research Global Investors
11
Capital Research Global Investors
California
$253M
Canada Life
12
Canada Life
Manitoba, Canada
$226M -$6.31M -198,461 -3%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$223M +$547K +17,200 +0.2%
Connor, Clark & Lunn Investment Management (CC&L)
14
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$218M +$15.1M +474,256 +8%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$162M +$83.1M +2,612,660 +106%
Franklin Resources
16
Franklin Resources
California
$115M -$14.2M -447,822 -11%
Fiera Capital (Canada)
17
Fiera Capital (Canada)
Quebec, Canada
$89.8M +$1.18M +37,220 +1%
Mackenzie Financial
18
Mackenzie Financial
Ontario, Canada
$86.4M +$5.22M +164,096 +6%
Public Sector Pension Investment Board (PSP Investments)
19
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$85.4M +$6.59M +207,400 +8%
APG Asset Management
20
APG Asset Management
Netherlands
$83M -$5.51M -173,202 -6%
Legal & General Group
21
Legal & General Group
United Kingdom
$82.6M +$192K +6,024 +0.2%
Capital International Investors
22
Capital International Investors
California
$64M +$34.4M +1,083,100 +118%
Swiss National Bank
23
Swiss National Bank
Switzerland
$62.4M +$699K +22,000 +1%
SRAIM
24
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$60.4M +$20.7M +650,920 +55%
SC
25
Scotia Capital
Ontario, Canada
$56.5M +$14.6M +458,615 +35%

SLF Hedge Fund Activity: Q3 2013 in Review

193 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q3 2013, worth a combined $8.54B — up 6.9% from $7.99B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new SLF positions and 12 closed out — a net gain of 10 holders — while 62 added to existing stakes and 76 trimmed.

The largest buyer was 1832 Asset Management, adding an estimated $83.1M. The largest seller was Fidelity Investments, cutting an estimated $169M.

  • 193 institutional investors held Sun Life Financial (SLF) as of Q3 2013, up from 186 in Q2 2013.
  • Funds reported $8.54B of Sun Life Financial stock for Q3 2013, up 6.9% quarter-over-quarter.
  • 22 funds opened new Sun Life Financial positions in Q3 2013 and 12 closed out, a net change of +10 holders.
  • The largest Sun Life Financial buyer in Q3 2013 was 1832 Asset Management, an estimated $83.1M added.
  • The largest Sun Life Financial seller in Q3 2013 was Fidelity Investments, an estimated $169M sold.

Based on aggregated 13F filings for Q3 2013.