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Sun Life Financial

432 hedge funds and large institutions have $15.1B invested in Sun Life Financial in 2025 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 149 increasing their positions, 142 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

5% more repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 142

2.34% less ownership

Funds ownership: 47.17%44.83% (-2.3%)

3% less funds holding

Funds holding: 447432 (-15)

15% less capital invested

Capital invested by funds: $17.7B → $15.1B (-$2.57B)

16% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 50

60% less call options, than puts

Call options by funds: $184M | Put options by funds: $456M

Holders
432
Holders Change
-15
Holders Change %
-3.36%
% of All Funds
5.67%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.08%
New
42
Increased
149
Reduced
142
Closed
50
Calls
$184M
Puts
$456M
Net Calls
-$272M
Net Calls Change
-$64.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$3.02B -$71.7M -1,192,430 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.52B -$4.38M -72,899 -0.3%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$944M -$4.51M -75,017 -0.5%
1832 Asset Management
4
1832 Asset Management
Ontario, Canada
$611M +$2.54M +42,212 +0.4%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$589M -$59M -981,548 -9%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$545M -$113M -1,882,037 -17%
Manulife (Manufacturers Life Insurance)
7
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$479M -$23.2M -386,550 -5%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$431M +$28.6M +475,245 +7%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$347M +$2.59M +43,057 +0.8%
FDCDDQ
10
Federation des caisses Desjardins du Quebec
Quebec, Canada
$338M -$39.5M -656,327 -10%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$322M +$39.3M +653,436 +14%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$317M +$33.5M +556,893 +12%
CIBC World Market
13
CIBC World Market
Ontario, Canada
$301M -$7.84M -130,428 -3%
Bank of Nova Scotia
14
Bank of Nova Scotia
Ontario, Canada
$283M -$86.8M -1,443,539 -23%
BGC
15
Beutel, Goodman & Co
Ontario, Canada
$256M -$20.2M -336,390 -7%
Legal & General Group
16
Legal & General Group
United Kingdom
$232M +$22.3M +371,139 +11%
Canada Pension Plan Investment Board
17
Canada Pension Plan Investment Board
Ontario, Canada
$227M +$57.3M +953,504 +34%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$220M -$66.1M -1,098,286 -23%
CIBC Asset Management
19
CIBC Asset Management
Ontario, Canada
$207M -$126M -2,098,682 -38%
SC
20
Scotia Capital
Ontario, Canada
$198M +$11.8M +196,675 +6%
LBA
21
Letko, Brosseau & Associates
Quebec, Canada
$192M +$26.8M +446,210 +16%
JP Morgan Chase
22
JP Morgan Chase
New York
$164M +$14.6M +243,323 +10%
Goldman Sachs
23
Goldman Sachs
New York
$141M -$48.4M -805,397 -26%
Morgan Stanley
24
Morgan Stanley
New York
$127M -$5.18M -86,061 -4%
TWC
25
TD Waterhouse Canada
Ontario, Canada
$122M +$5.22M +86,818 +5%

SLF Hedge Fund Activity: Q3 2025 in Review

432 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Sun Life Financial (SLF) for Q3 2025, worth a combined $15.1B — down 15% from $17.7B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of SLF and 42 opened new positions — a net loss of 8 holders — while 142 trimmed existing stakes and 149 added.

The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, adding an estimated $60.4M. The largest seller was CIBC Asset Management, cutting an estimated $126M.

  • 432 institutional investors held Sun Life Financial (SLF) as of Q3 2025, down from 447 in Q2 2025.
  • Funds reported $15.1B of Sun Life Financial stock for Q3 2025, down 15% quarter-over-quarter.
  • 42 funds opened new Sun Life Financial positions in Q3 2025 and 50 closed out, a net change of -8 holders.
  • The largest Sun Life Financial buyer in Q3 2025 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $60.4M added.
  • The largest Sun Life Financial seller in Q3 2025 was CIBC Asset Management, an estimated $126M sold.

Based on aggregated 13F filings for Q3 2025.