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Sun Life Financial

347 hedge funds and large institutions have $12B invested in Sun Life Financial in 2020 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 96 increasing their positions, 112 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

446% more call options, than puts

Call options by funds: $62.5M | Put options by funds: $11.4M

263% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 16

12% more funds holding

Funds holding: 309347 (+38)

8% more capital invested

Capital invested by funds: $11.1B → $12B (+$938M)

0.27% less ownership

Funds ownership: 46.11%45.84% (-0.27%)

14% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 112

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
347
Holders Change
+38
Holders Change %
+12.3%
% of All Funds
6.14%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
58
Increased
96
Reduced
112
Closed
16
Calls
$62.5M
Puts
$11.4M
Net Calls
+$51.1M
Net Calls Change
-$7.46M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.13B +$1.56M +35,966 +0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$783M -$325K -7,508 -0%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$654M -$40.5M -934,282 -6%
Fidelity International
4
Fidelity International
Bermuda
$639M -$52.9M -1,220,388 -8%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$633M +$12.4M +286,581 +2%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$588M +$56.4M +1,301,394 +11%
BGC
7
Beutel, Goodman & Co
Ontario, Canada
$575M -$17.1M -395,107 -3%
Bank of Nova Scotia
8
Bank of Nova Scotia
Ontario, Canada
$414M -$11.2M -257,884 -3%
Norges Bank
9
Norges Bank
Norway
$358M -$8.07M -186,279 -2%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$351M -$2.72M -62,842 -1%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$285M -$40.4M -931,788 -13%
CIBC World Market
12
CIBC World Market
Ontario, Canada
$284M -$9.11M -210,220 -3%
Canada Life
13
Canada Life
Manitoba, Canada
$272M +$8.7M +200,813 +3%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$262M -$26.4M -608,563 -9%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$228M +$11.1M +255,518 +5%
Toronto Dominion Bank
16
Toronto Dominion Bank
Ontario, Canada
$216M +$76.3M +1,761,567 +57%
CIBC Asset Management
17
CIBC Asset Management
Ontario, Canada
$213M -$385K -8,881 -0.2%
LBA
18
Letko, Brosseau & Associates
Quebec, Canada
$185M -$7.98M -184,254 -4%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$159M -$17.1M -394,100 -10%
Legal & General Group
20
Legal & General Group
United Kingdom
$139M +$12.3M +284,932 +10%
FDCDDQ
21
Federation des caisses Desjardins du Quebec
Quebec, Canada
$109M -$2.09M -48,325 -2%
SC
22
Scotia Capital
Ontario, Canada
$108M +$1.55M +35,768 +1%
BCIM
23
British Columbia Investment Management
British Columbia, Canada
$106M +$5.5M +126,943 +6%
Swiss National Bank
24
Swiss National Bank
Switzerland
$104M -$4.93M -113,800 -5%
Sumitomo Mitsui Trust Group
25
Sumitomo Mitsui Trust Group
Japan
$89.8M -$7.04M -162,532 -7%

SLF Hedge Fund Activity: Q4 2020 in Review

347 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q4 2020, worth a combined $12B — up 8.5% from $11.1B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new SLF positions and 16 closed out — a net gain of 42 holders — while 96 added to existing stakes and 112 trimmed.

The largest buyer was Toronto Dominion Bank, adding an estimated $76.3M. The largest seller was Acadian Asset Management, cutting an estimated $93.9M.

  • 347 institutional investors held Sun Life Financial (SLF) as of Q4 2020, up from 309 in Q3 2020.
  • Funds reported $12B of Sun Life Financial stock for Q4 2020, up 8.5% quarter-over-quarter.
  • 58 funds opened new Sun Life Financial positions in Q4 2020 and 16 closed out, a net change of +42 holders.
  • The largest Sun Life Financial buyer in Q4 2020 was Toronto Dominion Bank, an estimated $76.3M added.
  • The largest Sun Life Financial seller in Q4 2020 was Acadian Asset Management, an estimated $93.9M sold.

Based on aggregated 13F filings for Q4 2020.