Sun Life Financial
302 hedge funds and large institutions have $8.36B invested in Sun Life Financial in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 95 increasing their positions, 98 reducing their positions, and 53 closing their positions.
60% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $11.6M
0.54% less ownership
Funds ownership: 42.3% → 41.76% (-0.54%)
3% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 98
4% less funds holding
Funds holding: 316 → 302 (-14)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
18% less capital invested
Capital invested by funds: $10.2B → $8.36B (-$1.86B)
25% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$109M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$91.6M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$44.7M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$31M |
| 5 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$165M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$83.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$63.3M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$30.1M |
| 5 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
-$27.1M |
SLF Hedge Fund Activity: Q4 2018 in Review
302 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q4 2018, worth a combined $8.36B — down 18% from $10.2B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of SLF and 40 opened new positions — a net loss of 13 holders — while 98 trimmed existing stakes and 95 added.
The largest buyer was Mackenzie Financial, adding an estimated $109M. The largest seller was Toronto Dominion Bank, cutting an estimated $165M.
- 302 institutional investors held Sun Life Financial (SLF) as of Q4 2018, down from 316 in Q3 2018.
- Funds reported $8.36B of Sun Life Financial stock for Q4 2018, down 18% quarter-over-quarter.
- 40 funds opened new Sun Life Financial positions in Q4 2018 and 53 closed out, a net change of -13 holders.
- The largest Sun Life Financial buyer in Q4 2018 was Mackenzie Financial, an estimated $109M added.
- The largest Sun Life Financial seller in Q4 2018 was Toronto Dominion Bank, an estimated $165M sold.
Based on aggregated 13F filings for Q4 2018.