Sun Life Financial
381 hedge funds and large institutions have $12.8B invested in Sun Life Financial in 2023 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 140 increasing their positions, 111 reducing their positions, and 21 closing their positions.
114% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 21
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
26% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 111
5% more funds holding
Funds holding: 363 → 381 (+18)
1% more capital invested
Capital invested by funds: $12.6B → $12.8B (+$172M)
0.31% more ownership
Funds ownership: 45.81% → 46.12% (+0.31%)
60% less call options, than puts
Call options by funds: $193M | Put options by funds: $489M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$175M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$124M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$60.2M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$51.9M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$49.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$151M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$122M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$93.5M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$74.1M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$71.8M |
SLF Hedge Fund Activity: Q1 2023 in Review
381 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q1 2023, worth a combined $12.8B — up 1.4% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SLF positions and 21 closed out — a net gain of 24 holders — while 140 added to existing stakes and 111 trimmed.
The largest buyer was Fidelity International, adding an estimated $175M. The largest seller was Man Group, exiting entirely with an estimated $151M sold.
- 381 institutional investors held Sun Life Financial (SLF) as of Q1 2023, up from 363 in Q4 2022.
- Funds reported $12.8B of Sun Life Financial stock for Q1 2023, up 1.4% quarter-over-quarter.
- 45 funds opened new Sun Life Financial positions in Q1 2023 and 21 closed out, a net change of +24 holders.
- The largest Sun Life Financial buyer in Q1 2023 was Fidelity International, an estimated $175M added.
- The largest Sun Life Financial seller in Q1 2023 was Man Group, an estimated $151M sold.
Based on aggregated 13F filings for Q1 2023.