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Sun Life Financial

306 hedge funds and large institutions have $11.7B invested in Sun Life Financial in 2019 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 99 increasing their positions, 91 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

299% more call options, than puts

Call options by funds: $79.3M | Put options by funds: $19.9M

36% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 22

14% more capital invested

Capital invested by funds: $10.2B → $11.7B (+$1.41B)

1.94% more ownership

Funds ownership: 42.02%43.96% (+1.9%)

1% more funds holding

Funds holding: 302306 (+4)

9% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 91

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

Holders
306
Holders Change
+4
Holders Change %
+1.32%
% of All Funds
6.71%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
30
Increased
99
Reduced
91
Closed
22
Calls
$79.3M
Puts
$19.9M
Net Calls
+$59.4M
Net Calls Change
+$27.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.73B -$13M -311,886 -0.8%
TD Asset Management
2
TD Asset Management
Ontario, Canada
$787M -$112M -2,680,309 -13%
Vanguard Group
3
Vanguard Group
Pennsylvania
$764M +$10.6M +253,371 +2%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$674M +$189M +4,533,199 +43%
BGC
5
Beutel, Goodman & Co
Ontario, Canada
$665M +$18.2M +435,990 +3%
Fidelity International
6
Fidelity International
Bermuda
$570M +$60.3M +1,442,427 +13%
Norges Bank
7
Norges Bank
Norway
$444M +$117M +2,788,988 +39%
LBA
8
Letko, Brosseau & Associates
Quebec, Canada
$371M -$8.38M -200,563 -2%
Bank of Nova Scotia
9
Bank of Nova Scotia
Ontario, Canada
$344M +$160M +3,821,699 +99%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$313M -$4.58M -109,593 -2%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$308M -$17.5M -417,999 -6%
CIBC World Market
12
CIBC World Market
Ontario, Canada
$282M -$29.1M -696,696 -10%
Canada Life
13
Canada Life
Manitoba, Canada
$257M -$2.19M -52,375 -0.9%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$235M -$1.08M -25,895 -0.5%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$217M +$41.6M +996,155 +26%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$209M -$7.86M -188,073 -4%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$160M -$1.14M -27,210 -0.8%
CIBC Asset Management
18
CIBC Asset Management
Ontario, Canada
$154M -$7.44M -178,088 -5%
Franklin Resources
19
Franklin Resources
California
$130M +$8.31M +198,889 +7%
Legal & General Group
20
Legal & General Group
United Kingdom
$129M -$2.36M -56,504 -2%
Toronto Dominion Bank
21
Toronto Dominion Bank
Ontario, Canada
$120M -$74.7M -1,788,388 -40%
FDCDDQ
22
Federation des caisses Desjardins du Quebec
Quebec, Canada
$119M -$10.7M -255,869 -9%
SC
23
Scotia Capital
Ontario, Canada
$116M -$8.25M -197,351 -7%
AIMCA
24
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$115M +$13.2M +316,100 +14%
Swiss National Bank
25
Swiss National Bank
Switzerland
$98.1M -$284K -6,800 -0.3%

SLF Hedge Fund Activity: Q3 2019 in Review

306 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q3 2019, worth a combined $11.7B — up 14% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new SLF positions and 22 closed out — a net gain of 8 holders — while 99 added to existing stakes and 91 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $189M. The largest seller was TD Asset Management, cutting an estimated $112M.

  • 306 institutional investors held Sun Life Financial (SLF) as of Q3 2019, up from 302 in Q2 2019.
  • Funds reported $11.7B of Sun Life Financial stock for Q3 2019, up 14% quarter-over-quarter.
  • 30 funds opened new Sun Life Financial positions in Q3 2019 and 22 closed out, a net change of +8 holders.
  • The largest Sun Life Financial buyer in Q3 2019 was Bank of Montreal, an estimated $189M added.
  • The largest Sun Life Financial seller in Q3 2019 was TD Asset Management, an estimated $112M sold.

Based on aggregated 13F filings for Q3 2019.