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Sun Life Financial

213 hedge funds and large institutions have $9.9B invested in Sun Life Financial in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 81 increasing their positions, 70 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more call options, than puts

Call options by funds: $46.2M | Put options by funds: $21.1M

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

16% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 70

6% more capital invested

Capital invested by funds: $9.32B → $9.9B (+$585M)

0.26% less ownership

Funds ownership: 44.27%44.01% (-0.26%)

2% less funds holding

Funds holding: 217213 (-4)

21% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 14

Holders
213
Holders Change
-4
Holders Change %
-1.84%
% of All Funds
6.12%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.2%
New
11
Increased
81
Reduced
70
Closed
14
Calls
$46.2M
Puts
$21.1M
Net Calls
+$25.1M
Net Calls Change
-$2.25M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.77B +$159M +4,608,534 +11%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$839M +$14M +406,818 +2%
IGIM
3
I.G. Investment Management
Manitoba, Canada
$739M +$5.04M +146,220 +0.7%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$586M +$2.96M +85,811 +0.5%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$565M -$5.16M -149,800 -1%
CIBC Asset Management
6
CIBC Asset Management
Ontario, Canada
$481M +$17.5M +508,333 +4%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$440M -$3.06M -88,936 -0.7%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$436M -$2.34M -67,937 -0.6%
LBA
9
Letko, Brosseau & Associates
Quebec, Canada
$376M -$2.11M -61,180 -0.6%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$327M -$132M -3,822,784 -30%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$283M +$20.8M +602,700 +8%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$261M -$17.5M -508,122 -7%
Canada Life
13
Canada Life
Manitoba, Canada
$246M -$4.1M -118,993 -2%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$238M +$42.5M +1,233,607 +24%
Capital International Investors
15
Capital International Investors
California
$159M +$43M +1,248,099 +41%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$144M -$10.1M -293,514 -7%
Franklin Resources
17
Franklin Resources
California
$129M +$4.04M +117,240 +3%
APG Asset Management
18
APG Asset Management
Netherlands
$109M +$12.1M +352,065 +14%
Legal & General Group
19
Legal & General Group
United Kingdom
$92.2M -$239K -6,927 -0.3%
Public Sector Pension Investment Board (PSP Investments)
20
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$89M -$1.17M -34,000 -1%
SRAIM
21
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$85M +$5.49M +159,431 +7%
SI
22
Sentry Investments
Ontario, Canada
$80.6M +$70.8M +2,056,594 +1,468%
AIMCA
23
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$80.2M +$16.5M +479,100 +31%
Swiss National Bank
24
Swiss National Bank
Switzerland
$69.4M -$1.68M -48,700 -3%
Fiera Capital (Canada)
25
Fiera Capital (Canada)
Quebec, Canada
$67.8M +$22.7M +659,969 +56%

SLF Hedge Fund Activity: Q2 2014 in Review

213 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q2 2014, worth a combined $9.9B — up 6.3% from $9.32B a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of SLF and 11 opened new positions — a net loss of 3 holders — while 70 trimmed existing stakes and 81 added.

The largest buyer was Royal Bank of Canada, adding an estimated $159M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $274M sold.

  • 213 institutional investors held Sun Life Financial (SLF) as of Q2 2014, down from 217 in Q1 2014.
  • Funds reported $9.9B of Sun Life Financial stock for Q2 2014, up 6.3% quarter-over-quarter.
  • 11 funds opened new Sun Life Financial positions in Q2 2014 and 14 closed out, a net change of -3 holders.
  • The largest Sun Life Financial buyer in Q2 2014 was Royal Bank of Canada, an estimated $159M added.
  • The largest Sun Life Financial seller in Q2 2014 was Capital Research Global Investors, an estimated $274M sold.

Based on aggregated 13F filings for Q2 2014.