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Sun Life Financial

215 hedge funds and large institutions have $9.28B invested in Sun Life Financial in 2013 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 67 increasing their positions, 77 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more call options, than puts

Call options by funds: $59.5M | Put options by funds: $19.2M

144% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 16

11% more funds holding

Funds holding: 193215 (+22)

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

9% more capital invested

Capital invested by funds: $8.54B → $9.28B (+$741M)

0.93% less ownership

Funds ownership: 44.3%43.37% (-0.93%)

13% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 77

Holders
215
Holders Change
+22
Holders Change %
+11.4%
% of All Funds
6.24%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.29%
New
39
Increased
67
Reduced
77
Closed
16
Calls
$59.5M
Puts
$19.2M
Net Calls
+$40.3M
Net Calls Change
+$21.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.44B -$162M -4,748,319 -10%
IGIM
2
I.G. Investment Management
Manitoba, Canada
$717M -$48.6M -1,429,000 -7%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$567M +$27.6M +810,116 +5%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$553M +$4.21M +123,605 +0.8%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$551M -$2.84M -83,400 -0.5%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$476M -$64.9M -1,905,033 -12%
CIBC Asset Management
7
CIBC Asset Management
Ontario, Canada
$438M +$1.11M +32,682 +0.3%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$434M +$2.62M +76,918 +0.6%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$416M -$8.03M -235,795 -2%
LBA
10
Letko, Brosseau & Associates
Quebec, Canada
$371M -$17.8M -522,477 -5%
Capital Research Global Investors
11
Capital Research Global Investors
California
$280M
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$256M +$6.7M +196,687 +3%
Canada Life
13
Canada Life
Manitoba, Canada
$248M -$2.04M -59,847 -0.8%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$246M -$623K -18,300 -0.3%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$210M +$29.5M +865,423 +17%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$127M +$30.3M +890,739 +33%
Franklin Resources
17
Franklin Resources
California
$122M -$4.91M -144,194 -4%
Capital International Investors
18
Capital International Investors
California
$109M +$36.7M +1,077,200 +54%
Fiera Capital (Canada)
19
Fiera Capital (Canada)
Quebec, Canada
$96.2M -$2.77M -81,397 -3%
APG Asset Management
20
APG Asset Management
Netherlands
$91.6M
Legal & General Group
21
Legal & General Group
United Kingdom
$89.4M -$1.7M -49,897 -2%
Public Sector Pension Investment Board (PSP Investments)
22
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$85.4M -$8.44M -248,036 -9%
IIM
23
Intact Investment Management
Quebec, Canada
$74.9M +$12.8M +375,600 +23%
Swiss National Bank
24
Swiss National Bank
Switzerland
$69M +$27.2K +800 +0%
SRAIM
25
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$67.7M -$1.07M -31,496 -2%

SLF Hedge Fund Activity: Q4 2013 in Review

215 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q4 2013, worth a combined $9.28B — up 8.7% from $8.54B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new SLF positions and 16 closed out — a net gain of 23 holders — while 67 added to existing stakes and 77 trimmed.

The largest buyer was Credit Suisse, opening a new position worth an estimated $44.7M. The largest seller was Royal Bank of Canada, cutting an estimated $162M.

  • 215 institutional investors held Sun Life Financial (SLF) as of Q4 2013, up from 193 in Q3 2013.
  • Funds reported $9.28B of Sun Life Financial stock for Q4 2013, up 8.7% quarter-over-quarter.
  • 39 funds opened new Sun Life Financial positions in Q4 2013 and 16 closed out, a net change of +23 holders.
  • The largest Sun Life Financial buyer in Q4 2013 was Credit Suisse, an estimated $44.7M added.
  • The largest Sun Life Financial seller in Q4 2013 was Royal Bank of Canada, an estimated $162M sold.

Based on aggregated 13F filings for Q4 2013.