Stantec
220 hedge funds and large institutions have $5.42B invested in Stantec in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 79 increasing their positions, 75 reducing their positions, and 14 closing their positions.
193% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 14
108% more call options, than puts
Call options by funds: $6.25M | Put options by funds: $3M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
27% more capital invested
Capital invested by funds: $4.28B → $5.42B (+$1.14B)
13% more funds holding
Funds holding: 194 → 220 (+26)
5% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 75
0.08% less ownership
Funds ownership: 58.75% → 58.67% (-0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pictet Asset Management
Carouge,
Switzerland
|
+$134M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$84.2M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$45.7M |
| 4 |
ClearBridge Investments
New York
|
+$21.2M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$76.9M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$70.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$35.6M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$18.4M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$16.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIM
226
Freedom Investment Management
Hartford,
Connecticut
| – | -$761K | -11,736 | Closed |
|
227
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$621K | -9,526 | Closed |
|
|
EGM
228
Engineers Gate Manager
New York
| – | -$594K | -9,153 | Closed |
|
|
HF
229
HRT Financial
New York
| – | -$535K | -8,262 | Closed |
|
|
GCM
230
Genus Capital Management
Vancouver,
British Columbia, Canada
| – | -$554K | -7,985 | Closed |
|
|
ETC
231
Exchange Traded Concepts
Oklahoma City,
Oklahoma
| – | -$465K | -7,166 | Closed |
|
|
SFI
232
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$279K | -4,300 | Closed |
|
|
BBA
233
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
| – | -$353K | -4,015 | Closed |
|
|
NA
234
NewEdge Advisors
New Orleans,
Louisiana
| – | -$6.16K | -95 | Closed |
|
STN Hedge Fund Activity: Q4 2023 in Review
220 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q4 2023, worth a combined $5.42B — up 27% from $4.28B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new STN positions and 14 closed out — a net gain of 27 holders — while 79 added to existing stakes and 75 trimmed.
The largest buyer was Pictet Asset Management, adding an estimated $134M. The largest seller was Mackenzie Financial, cutting an estimated $76.9M.
- 220 institutional investors held Stantec (STN) as of Q4 2023, up from 194 in Q3 2023.
- Funds reported $5.42B of Stantec stock for Q4 2023, up 27% quarter-over-quarter.
- 41 funds opened new Stantec positions in Q4 2023 and 14 closed out, a net change of +27 holders.
- The largest Stantec buyer in Q4 2023 was Pictet Asset Management, an estimated $134M added.
- The largest Stantec seller in Q4 2023 was Mackenzie Financial, an estimated $76.9M sold.
Based on aggregated 13F filings for Q4 2023.