Sun Life Financial
268 hedge funds and large institutions have $9.76B invested in Sun Life Financial in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 71 increasing their positions, 106 reducing their positions, and 35 closing their positions.
60% more call options, than puts
Call options by funds: $36.8M | Put options by funds: $23M
2.2% less ownership
Funds ownership: 45.51% → 43.31% (-2.2%)
3% less funds holding
Funds holding: 277 → 268 (-9)
9% less capital invested
Capital invested by funds: $10.7B → $9.76B (-$984M)
23% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 35
33% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 106
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$231M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$47.4M |
| 3 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$46.5M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$41M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$268M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$246M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$101M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$68.8M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$68.4M |
SLF Hedge Fund Activity: Q1 2017 in Review
268 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q1 2017, worth a combined $9.76B — down 9.2% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SLF and 27 opened new positions — a net loss of 8 holders — while 106 trimmed existing stakes and 71 added.
The largest buyer was Beutel, Goodman & Co, opening a new position worth an estimated $231M. The largest seller was Fidelity Investments, cutting an estimated $268M.
- 268 institutional investors held Sun Life Financial (SLF) as of Q1 2017, down from 277 in Q4 2016.
- Funds reported $9.76B of Sun Life Financial stock for Q1 2017, down 9.2% quarter-over-quarter.
- 27 funds opened new Sun Life Financial positions in Q1 2017 and 35 closed out, a net change of -8 holders.
- The largest Sun Life Financial buyer in Q1 2017 was Beutel, Goodman & Co, an estimated $231M added.
- The largest Sun Life Financial seller in Q1 2017 was Fidelity Investments, an estimated $268M sold.
Based on aggregated 13F filings for Q1 2017.