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Sun Life Financial

316 hedge funds and large institutions have $10.2B invested in Sun Life Financial in 2018 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 101 increasing their positions, 101 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $24.6M | Put options by funds: $14.5M

43% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 23

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

3% more funds holding

Funds holding: 308316 (+8)

0.35% more ownership

Funds ownership: 41.95%42.3% (+0.35%)

0% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 101

1% less capital invested

Capital invested by funds: $10.3B → $10.2B (-$74M)

Holders
316
Holders Change
+8
Holders Change %
+2.6%
% of All Funds
7.22%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.21%
New
33
Increased
101
Reduced
101
Closed
23
Calls
$24.6M
Puts
$14.5M
Net Calls
+$10.1M
Net Calls Change
-$67.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.55B +$27M +675,970 +2%
TD Asset Management
2
TD Asset Management
Ontario, Canada
$852M -$45.4M -1,134,383 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$628M +$16.1M +403,363 +3%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$508M +$85.2M +2,129,994 +20%
BGC
5
Beutel, Goodman & Co
Ontario, Canada
$461M +$56.8M +1,419,001 +14%
Fidelity International
6
Fidelity International
Bermuda
$453M -$1.33M -33,320 -0.3%
1832 Asset Management
7
1832 Asset Management
Ontario, Canada
$328M -$19.5M -487,188 -6%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$311M -$29.1M -726,760 -9%
LBA
9
Letko, Brosseau & Associates
Quebec, Canada
$309M +$183K +4,577 +0.1%
Toronto Dominion Bank
10
Toronto Dominion Bank
Ontario, Canada
$291M -$6.67M -166,639 -2%
Canada Life
11
Canada Life
Manitoba, Canada
$278M -$8.67M -216,656 -3%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$251M +$30M +748,511 +13%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$247M -$26.7M -666,273 -10%
Connor, Clark & Lunn Investment Management (CC&L)
14
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$230M -$14.9M -372,479 -6%
Mackenzie Financial
15
Mackenzie Financial
Ontario, Canada
$225M -$11.3M -281,681 -5%
CIBC Asset Management
16
CIBC Asset Management
Ontario, Canada
$201M -$4.21M -105,114 -2%
Norges Bank
17
Norges Bank
Norway
$167M +$32.4M +808,831 +24%
AIMCA
18
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$166M -$9.58M -239,400 -7%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$140M +$4.62M +115,519 +3%
Bank of Nova Scotia
20
Bank of Nova Scotia
Ontario, Canada
$138M +$13.4M +334,368 +11%
FDCDDQ
21
Federation des caisses Desjardins du Quebec
Quebec, Canada
$119M +$1.48M +36,863 +1%
Legal & General Group
22
Legal & General Group
United Kingdom
$97.3M -$5.16M -129,065 -5%
SC
23
Scotia Capital
Ontario, Canada
$94.7M +$5.4M +134,962 +6%
Franklin Resources
24
Franklin Resources
California
$88.3M -$3.32M -82,898 -4%
Swiss National Bank
25
Swiss National Bank
Switzerland
$84.2M -$3.61M -90,200 -4%

SLF Hedge Fund Activity: Q3 2018 in Review

316 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q3 2018, worth a combined $10.2B — down 0.72% from $10.3B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new SLF positions and 23 closed out — a net gain of 10 holders — while 101 added to existing stakes and 101 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $85.2M. The largest seller was Capital International Investors, exiting entirely with an estimated $103M sold.

  • 316 institutional investors held Sun Life Financial (SLF) as of Q3 2018, up from 308 in Q2 2018.
  • Funds reported $10.2B of Sun Life Financial stock for Q3 2018, down 0.72% quarter-over-quarter.
  • 33 funds opened new Sun Life Financial positions in Q3 2018 and 23 closed out, a net change of +10 holders.
  • The largest Sun Life Financial buyer in Q3 2018 was Bank of Montreal, an estimated $85.2M added.
  • The largest Sun Life Financial seller in Q3 2018 was Capital International Investors, an estimated $103M sold.

Based on aggregated 13F filings for Q3 2018.