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Sun Life Financial

421 hedge funds and large institutions have $15.8B invested in Sun Life Financial in 2024 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 125 increasing their positions, 141 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 29

20% more capital invested

Capital invested by funds: $13.2B → $15.8B (+$2.64B)

7% more funds holding

Funds holding: 395421 (+26)

0.91% more ownership

Funds ownership: 46.21%47.12% (+0.91%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

11% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 141

38% less call options, than puts

Call options by funds: $218M | Put options by funds: $348M

Holders
421
Holders Change
+26
Holders Change %
+6.58%
% of All Funds
6.05%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
58
Increased
125
Reduced
141
Closed
29
Calls
$218M
Puts
$348M
Net Calls
-$131M
Net Calls Change
-$63.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.48B +$125M +2,395,331 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.39B +$21.4M +410,057 +2%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$912M -$18.3M -350,589 -2%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$804M +$82.6M +1,580,175 +13%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$770M -$74.3M -1,422,028 -10%
1832 Asset Management
6
1832 Asset Management
Ontario, Canada
$576M -$14.7M -281,296 -3%
FDCDDQ
7
Federation des caisses Desjardins du Quebec
Quebec, Canada
$572M +$186M +3,562,394 +56%
Manulife (Manufacturers Life Insurance)
8
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$537M +$34.2M +654,404 +8%
BGC
9
Beutel, Goodman & Co
Ontario, Canada
$508M -$9.46M -180,982 -2%
CIBC World Market
10
CIBC World Market
Ontario, Canada
$421M +$9.66M +184,840 +3%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$409M -$8.37M -160,127 -2%
CIBC Asset Management
12
CIBC Asset Management
Ontario, Canada
$377M +$4.25M +81,261 +1%
Norges Bank
13
Norges Bank
Norway
$376M +$4.5M +86,185 +1%
Toronto Dominion Bank
14
Toronto Dominion Bank
Ontario, Canada
$341M -$2.47M -47,189 -0.8%
National Bank of Canada
15
National Bank of Canada
Quebec, Canada
$339M +$67.1M +1,284,556 +28%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$301M +$13.4M +257,178 +5%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$271M -$11.8M -226,083 -5%
Legal & General Group
18
Legal & General Group
United Kingdom
$229M +$2.88M +55,170 +1%
SC
19
Scotia Capital
Ontario, Canada
$166M +$2M +38,353 +1%
JP Morgan Chase
20
JP Morgan Chase
New York
$165M +$1.78M +34,072 +1%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$156M +$10.9M +207,832 +8%
LBA
22
Letko, Brosseau & Associates
Quebec, Canada
$156M -$4.93M -94,394 -3%
VPI
23
Value Partners Investments
Manitoba, Canada
$156M +$43.3M +828,844 +57%
AM
24
AGF Management
Ontario, Canada
$138M -$19.8M -379,293 -15%
Fidelity International
25
Fidelity International
Bermuda
$131M -$71.8M -1,374,219 -38%

SLF Hedge Fund Activity: Q3 2024 in Review

421 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q3 2024, worth a combined $15.8B — up 20% from $13.2B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new SLF positions and 29 closed out — a net gain of 29 holders — while 125 added to existing stakes and 141 trimmed.

The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $186M. The largest seller was Goldman Sachs, cutting an estimated $140M.

  • 421 institutional investors held Sun Life Financial (SLF) as of Q3 2024, up from 395 in Q2 2024.
  • Funds reported $15.8B of Sun Life Financial stock for Q3 2024, up 20% quarter-over-quarter.
  • 58 funds opened new Sun Life Financial positions in Q3 2024 and 29 closed out, a net change of +29 holders.
  • The largest Sun Life Financial buyer in Q3 2024 was Federation des caisses Desjardins du Quebec, an estimated $186M added.
  • The largest Sun Life Financial seller in Q3 2024 was Goldman Sachs, an estimated $140M sold.

Based on aggregated 13F filings for Q3 2024.