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Sun Life Financial

251 hedge funds and large institutions have $8.9B invested in Sun Life Financial in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 84 increasing their positions, 84 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

376% more call options, than puts

Call options by funds: $26.1M | Put options by funds: $5.49M

8% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 24

4% more capital invested

Capital invested by funds: $8.52B → $8.9B (+$381M)

0% more funds holding

Funds holding: 250251 (+1)

0% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 84

1% less ownership

Funds ownership: 44.82%43.82% (-1%)

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
251
Holders Change
+1
Holders Change %
+0.4%
% of All Funds
6.69%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.13%
New
26
Increased
84
Reduced
84
Closed
24
Calls
$26.1M
Puts
$5.49M
Net Calls
+$20.6M
Net Calls Change
+$22.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.54B -$791K -26,959 -0.1%
TD Asset Management
2
TD Asset Management
Ontario, Canada
$606M +$9.9M +337,210 +2%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$583M +$47.5M +1,619,183 +10%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$445M +$58.5M +1,991,388 +17%
1832 Asset Management
5
1832 Asset Management
Ontario, Canada
$426M -$14.9M -506,706 -6%
IGIM
6
I.G. Investment Management
Manitoba, Canada
$407M -$37.4M -1,272,534 -9%
CIBC Asset Management
7
CIBC Asset Management
Ontario, Canada
$371M -$19.6M -666,042 -5%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$365M -$13.9M -473,876 -4%
Vanguard Group
9
Vanguard Group
Pennsylvania
$334M +$49.3M +1,679,758 +19%
Toronto Dominion Bank
10
Toronto Dominion Bank
Ontario, Canada
$328M +$3.22M +109,790 +1%
LBA
11
Letko, Brosseau & Associates
Quebec, Canada
$309M +$1.04M +35,491 +0.4%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$307M -$6.8M -231,510 -2%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$223M -$11.4M -389,074 -5%
AIMCA
14
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$219M +$21.8M +743,800 +17%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$212M -$102M -3,491,440 -35%
Canada Life
16
Canada Life
Manitoba, Canada
$181M -$11.3M -384,346 -6%
Capital International Investors
17
Capital International Investors
California
$164M
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$159M +$38.6M +1,316,547 +36%
Swiss National Bank
19
Swiss National Bank
Switzerland
$104M +$19.1M +650,000 +24%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$95.9M +$96.9K +3,300 +0.1%
Legal & General Group
21
Legal & General Group
United Kingdom
$91.4M +$276K +9,386 +0.3%
APG Asset Management
22
APG Asset Management
Netherlands
$73.4M +$4.34M +147,700 +9%
IIM
23
Intact Investment Management
Quebec, Canada
$64M +$9.33M +318,000 +26%
Deutsche Bank
24
Deutsche Bank
Germany
$56M +$10.9M +370,515 +27%
Sumitomo Mitsui Trust Group
25
Sumitomo Mitsui Trust Group
Japan
$55.9M +$1.34M +45,632 +3%

SLF Hedge Fund Activity: Q1 2016 in Review

251 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q1 2016, worth a combined $8.9B — up 4.5% from $8.52B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new SLF positions and 24 closed out — a net gain of 2 holders — while 84 added to existing stakes and 84 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $58.5M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $134M sold.

  • 251 institutional investors held Sun Life Financial (SLF) as of Q1 2016, up from 250 in Q4 2015.
  • Funds reported $8.9B of Sun Life Financial stock for Q1 2016, up 4.5% quarter-over-quarter.
  • 26 funds opened new Sun Life Financial positions in Q1 2016 and 24 closed out, a net change of +2 holders.
  • The largest Sun Life Financial buyer in Q1 2016 was Fidelity Investments, an estimated $58.5M added.
  • The largest Sun Life Financial seller in Q1 2016 was Mackenzie Financial, an estimated $134M sold.

Based on aggregated 13F filings for Q1 2016.