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Sun Life Financial

363 hedge funds and large institutions have $12.6B invested in Sun Life Financial in 2022 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 119 increasing their positions, 121 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 34

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

21% more capital invested

Capital invested by funds: $10.5B → $12.6B (+$2.16B)

3% more funds holding

Funds holding: 353363 (+10)

0.86% less ownership

Funds ownership: 46.67%45.81% (-0.86%)

2% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 121

71% less call options, than puts

Call options by funds: $174M | Put options by funds: $606M

Holders
363
Holders Change
+10
Holders Change %
+2.83%
% of All Funds
5.84%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
48
Increased
119
Reduced
121
Closed
34
Calls
$174M
Puts
$606M
Net Calls
-$432M
Net Calls Change
-$220M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.13B -$271M -6,130,912 -12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$998M +$20.9M +473,273 +2%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$766M -$4.26M -96,293 -0.8%
Mackenzie Financial
4
Mackenzie Financial
Ontario, Canada
$753M -$22M -496,424 -3%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$624M +$631K +14,269 +0.1%
BGC
6
Beutel, Goodman & Co
Ontario, Canada
$487M -$5.22M -117,907 -1%
Bank of Nova Scotia
7
Bank of Nova Scotia
Ontario, Canada
$463M -$56.8M -1,283,451 -11%
Fidelity International
8
Fidelity International
Bermuda
$457M +$12.7M +286,024 +3%
CIBC World Market
9
CIBC World Market
Ontario, Canada
$343M -$37.7M -852,532 -10%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$318M -$17.8M -402,630 -6%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$313M +$23.7M +534,725 +9%
Manulife (Manufacturers Life Insurance)
12
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$303M +$1.65M +37,206 +0.6%
Norges Bank
13
Norges Bank
Norway
$290M +$15.8M +356,437 +6%
National Bank of Canada
14
National Bank of Canada
Quebec, Canada
$286M +$190M +4,300,627 +230%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$248M -$19.4M -439,041 -8%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$188M +$13.9M +313,043 +8%
Legal & General Group
17
Legal & General Group
United Kingdom
$164M -$10.2M -231,115 -6%
Toronto Dominion Bank
18
Toronto Dominion Bank
Ontario, Canada
$150M +$24.3M +548,748 +21%
Man Group
19
Man Group
United Kingdom
$146M +$63.8M +1,441,387 +85%
LBA
20
Letko, Brosseau & Associates
Quebec, Canada
$142M -$2.55M -57,590 -2%
SC
21
Scotia Capital
Ontario, Canada
$140M +$5.52M +124,679 +4%
FDCDDQ
22
Federation des caisses Desjardins du Quebec
Quebec, Canada
$131M +$2.62M +59,185 +2%
JP Morgan Chase
23
JP Morgan Chase
New York
$127M +$1.7M +38,412 +1%
Amundi
24
Amundi
France
$124M +$10.2M +229,801 +10%
Swiss National Bank
25
Swiss National Bank
Switzerland
$115M -$7.29M -164,700 -6%

SLF Hedge Fund Activity: Q4 2022 in Review

363 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q4 2022, worth a combined $12.6B — up 21% from $10.5B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new SLF positions and 34 closed out — a net gain of 14 holders — while 119 added to existing stakes and 121 trimmed.

The largest buyer was National Bank of Canada, adding an estimated $190M. The largest seller was Royal Bank of Canada, cutting an estimated $271M.

  • 363 institutional investors held Sun Life Financial (SLF) as of Q4 2022, up from 353 in Q3 2022.
  • Funds reported $12.6B of Sun Life Financial stock for Q4 2022, up 21% quarter-over-quarter.
  • 48 funds opened new Sun Life Financial positions in Q4 2022 and 34 closed out, a net change of +14 holders.
  • The largest Sun Life Financial buyer in Q4 2022 was National Bank of Canada, an estimated $190M added.
  • The largest Sun Life Financial seller in Q4 2022 was Royal Bank of Canada, an estimated $271M sold.

Based on aggregated 13F filings for Q4 2022.