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Sun Life Financial

212 hedge funds and large institutions have $9.67B invested in Sun Life Financial in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 66 increasing their positions, 74 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more call options, than puts

Call options by funds: $41.1M | Put options by funds: $19.7M

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

6% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 16

0.35% less ownership

Funds ownership: 44.01%43.66% (-0.35%)

0% less funds holding

Funds holding: 213212 (-1)

2% less capital invested

Capital invested by funds: $9.9B → $9.67B (-$234M)

11% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 74

Holders
212
Holders Change
-1
Holders Change %
-0.47%
% of All Funds
6.15%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.26%
New
17
Increased
66
Reduced
74
Closed
16
Calls
$41.1M
Puts
$19.7M
Net Calls
+$21.4M
Net Calls Change
-$3.71M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.71B -$34.8M -926,866 -2%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$772M -$59.2M -1,574,399 -7%
IGIM
3
I.G. Investment Management
Manitoba, Canada
$704M -$26M -693,254 -3%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$598M +$20.8M +552,701 +3%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$567M +$10.1M +269,559 +2%
CIBC Asset Management
6
CIBC Asset Management
Ontario, Canada
$448M -$27M -717,827 -5%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$436M +$5.42M +144,313 +1%
Toronto Dominion Bank
8
Toronto Dominion Bank
Ontario, Canada
$433M -$816K -21,720 -0.2%
LBA
9
Letko, Brosseau & Associates
Quebec, Canada
$364M -$7.5M -199,550 -2%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$291M +$58.8M +1,565,011 +24%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$289M +$9.51M +253,100 +3%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$272M -$52.1M -1,386,536 -16%
Canada Life
13
Canada Life
Manitoba, Canada
$243M -$435K -11,576 -0.2%
Connor, Clark & Lunn Investment Management (CC&L)
14
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$229M -$13.6M -362,490 -5%
Capital International Investors
15
Capital International Investors
California
$186M +$30M +799,601 +18%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$138M -$3.62M -96,464 -2%
APG Asset Management
17
APG Asset Management
Netherlands
$107M
Franklin Resources
18
Franklin Resources
California
$106M -$21.9M -583,826 -17%
SI
19
Sentry Investments
Ontario, Canada
$95.9M +$16.9M +448,578 +20%
SRAIM
20
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$90.1M +$6.52M +173,395 +8%
AIMCA
21
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$88.5M +$5.01M +133,400 +7%
Legal & General Group
22
Legal & General Group
United Kingdom
$86.9M -$4.25M -112,995 -5%
Public Sector Pension Investment Board (PSP Investments)
23
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$77.1M -$11.1M -296,364 -12%
UBS AM
24
UBS AM
Illinois
$69.8M +$14.2M +379,057 +25%
IIM
25
Intact Investment Management
Quebec, Canada
$67.1M +$5.38M +143,300 +9%

SLF Hedge Fund Activity: Q3 2014 in Review

212 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q3 2014, worth a combined $9.67B — down 2.4% from $9.9B a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new SLF positions and 16 closed out — a net gain of 1 holder — while 66 added to existing stakes and 74 trimmed.

The largest buyer was Cardinal Capital Management Inc (Canada), adding an estimated $60.2M. The largest seller was Bank of Montreal, cutting an estimated $59.2M.

  • 212 institutional investors held Sun Life Financial (SLF) as of Q3 2014, down from 213 in Q2 2014.
  • Funds reported $9.67B of Sun Life Financial stock for Q3 2014, down 2.4% quarter-over-quarter.
  • 17 funds opened new Sun Life Financial positions in Q3 2014 and 16 closed out, a net change of +1 holder.
  • The largest Sun Life Financial buyer in Q3 2014 was Cardinal Capital Management Inc (Canada), an estimated $60.2M added.
  • The largest Sun Life Financial seller in Q3 2014 was Bank of Montreal, an estimated $59.2M sold.

Based on aggregated 13F filings for Q3 2014.