Stantec
234 hedge funds and large institutions have $5.5B invested in Stantec in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 83 increasing their positions, 90 reducing their positions, and 23 closing their positions.
65% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 23
6% more funds holding
Funds holding: 220 → 234 (+14)
1% more capital invested
Capital invested by funds: $5.42B → $5.5B (+$79.6M)
5% less call options, than puts
Call options by funds: $4.43M | Put options by funds: $4.65M
8% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 90
1.06% less ownership
Funds ownership: 58.67% → 57.61% (-1.1%)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$70.5M |
| 2 |
Goldman Sachs
New York
|
+$47M |
| 3 |
Pictet Asset Management
Carouge,
Switzerland
|
+$26.9M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$83.1M |
| 2 |
Amundi
Paris,
France
|
-$36.1M |
| 3 |
TAM
Thematics Asset Management
Paris,
France
|
-$19.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$19.2M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CM
251
Crystalline Management
Montreal, Quebec,
Canada
| – | -$319K | -3,000 | Closed |
|
|
RJFSA
252
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$214K | -2,672 | Closed |
|
|
NIMI
253
Natixis Investment Managers International
Paris,
France
| – | -$160K | -1,986 | Closed |
|
|
OAM
254
Ostrum Asset Management
Paris,
France
| – | -$72K | -893 | Closed |
|
|
ASN
255
Advisory Services Network
Atlanta,
Georgia
| – | -$28.4K | -354 | Closed |
|
256
Group One Trading
Chicago,
Illinois
| – | -$19.6K | -244 | Closed |
|
257
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6.17K | -77 | Closed |
|
STN Hedge Fund Activity: Q1 2024 in Review
234 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q1 2024, worth a combined $5.5B — up 1.5% from $5.42B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new STN positions and 23 closed out — a net gain of 15 holders — while 83 added to existing stakes and 90 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $70.5M. The largest seller was Jarislowsky, Fraser Ltd, cutting an estimated $83.1M.
- 234 institutional investors held Stantec (STN) as of Q1 2024, up from 220 in Q4 2023.
- Funds reported $5.5B of Stantec stock for Q1 2024, up 1.5% quarter-over-quarter.
- 38 funds opened new Stantec positions in Q1 2024 and 23 closed out, a net change of +15 holders.
- The largest Stantec buyer in Q1 2024 was Fidelity Investments, an estimated $70.5M added.
- The largest Stantec seller in Q1 2024 was Jarislowsky, Fraser Ltd, an estimated $83.1M sold.
Based on aggregated 13F filings for Q1 2024.