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Sun Life Financial

307 hedge funds and large institutions have $10.6B invested in Sun Life Financial in 2017 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 88 increasing their positions, 91 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

208% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 13

205% more call options, than puts

Call options by funds: $53.2M | Put options by funds: $17.4M

22% more funds holding in top 10

Funds holding in top 10: 911 (+2)

9% more funds holding

Funds holding: 281307 (+26)

2% more capital invested

Capital invested by funds: $10.4B → $10.6B (+$213M)

0.59% less ownership

Funds ownership: 42.31%41.72% (-0.59%)

3% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 91

Holders
307
Holders Change
+26
Holders Change %
+9.25%
% of All Funds
6.96%
Holding in Top 10
11
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+22.22%
% of All Funds
0.25%
New
40
Increased
88
Reduced
91
Closed
13
Calls
$53.2M
Puts
$17.4M
Net Calls
+$35.7M
Net Calls Change
-$6.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.86B -$13.2M -331,190 -0.7%
TD Asset Management
2
TD Asset Management
Ontario, Canada
$919M +$39.4M +988,253 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$600M +$19.5M +489,922 +3%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$522M -$28.8M -723,166 -5%
BGC
5
Beutel, Goodman & Co
Ontario, Canada
$430M -$174K -4,356 -0%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$393M +$37.8M +949,379 +11%
1832 Asset Management
7
1832 Asset Management
Ontario, Canada
$380M -$2.03K -51 -0%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$353M -$11.2M -280,989 -3%
LBA
9
Letko, Brosseau & Associates
Quebec, Canada
$328M +$46.6K +1,169 +0%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$318M +$225M +5,639,723 +274%
Canada Life
11
Canada Life
Manitoba, Canada
$297M -$2.76M -69,148 -1%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$269M -$14.7M -369,667 -5%
Toronto Dominion Bank
13
Toronto Dominion Bank
Ontario, Canada
$248M -$5.22M -131,022 -2%
CIBC Asset Management
14
CIBC Asset Management
Ontario, Canada
$242M -$84.8M -2,127,924 -27%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$223M +$44.1M +1,106,844 +26%
AIMCA
16
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$190M +$24.1M +604,900 +20%
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$179M -$108M -2,719,816 -39%
Norges Bank
18
Norges Bank
Norway
$162M -$4.82M -120,806 -3%
Bank of Nova Scotia
19
Bank of Nova Scotia
Ontario, Canada
$124M +$25.5M +639,729 +27%
FDCDDQ
20
Federation des caisses Desjardins du Quebec
Quebec, Canada
$119M +$9.49M +238,006 +9%
Capital International Investors
21
Capital International Investors
California
$117M
Legal & General Group
22
Legal & General Group
United Kingdom
$115M -$1.57M -39,499 -1%
Swiss National Bank
23
Swiss National Bank
Switzerland
$97.8M +$35.9K +900 +0%
MBI
24
Montrusco Bolton Investments
Quebec, Canada
$95M -$1.19M -29,916 -1%
SC
25
Scotia Capital
Ontario, Canada
$86.8M +$2.77M +69,440 +3%

SLF Hedge Fund Activity: Q4 2017 in Review

307 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q4 2017, worth a combined $10.6B — up 2% from $10.4B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new SLF positions and 13 closed out — a net gain of 27 holders — while 88 added to existing stakes and 91 trimmed.

The largest buyer was Mackenzie Financial, adding an estimated $225M. The largest seller was T. Rowe Price Associates, cutting an estimated $108M.

  • 307 institutional investors held Sun Life Financial (SLF) as of Q4 2017, up from 281 in Q3 2017.
  • Funds reported $10.6B of Sun Life Financial stock for Q4 2017, up 2% quarter-over-quarter.
  • 40 funds opened new Sun Life Financial positions in Q4 2017 and 13 closed out, a net change of +27 holders.
  • The largest Sun Life Financial buyer in Q4 2017 was Mackenzie Financial, an estimated $225M added.
  • The largest Sun Life Financial seller in Q4 2017 was T. Rowe Price Associates, an estimated $108M sold.

Based on aggregated 13F filings for Q4 2017.