Stantec
83 hedge funds and large institutions have $1.28B invested in Stantec in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 36 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
37% more capital invested
Capital invested by funds: $939M → $1.28B (+$346M)
12.71% more ownership
Funds ownership: 95.57% → 108.28% (+13%)
2% more funds holding
Funds holding: 81 → 83 (+2)
22% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 36
78% less call options, than puts
Call options by funds: $204K | Put options by funds: $909K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$108M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.5M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$18.4M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$11.5M |
| 5 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
+$7.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$14.5M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$7.44M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$5.33M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$3.47M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$2.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Axa
Paris,
France
| $31K | +$28.4K | +1,200 | New |
|
|
BFA
77
BlackRock Fund Advisors
San Francisco,
California
| $8K | -$2.84K | -120 | -28% |
|
|
AIG
78
American International Group
New York
| $7.68K | – | – | – |
|
|
FMII
79
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $6K | +$5.64K | +238 | New |
|
|
EFSCE
80
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $2K | – | – | – |
|
81
Envestnet Asset Management
Chicago,
Illinois
| $1K | +$474 | +20 | New |
|
82
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $611 | – | – | – |
|
|
IIM
83
Intact Investment Management
Montreal,
Quebec, Canada
| – | -$14.5M | -657,200 | Closed |
|
|
OAM
84
Oxford Asset Management
Oxford,
United Kingdom
| – | -$205K | -9,662 | Closed |
|
|
WCA
85
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$152K | -7,200 | Closed |
|
86
Citigroup
New York
| – | -$79K | -3,776 | Closed |
|
|
OMCS
87
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$25K | -1,200 | Closed |
|
88
Wells Fargo
San Francisco,
California
| – | -$190 | -8 | -80% |
|
STN Hedge Fund Activity: Q3 2013 in Review
83 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q3 2013, worth a combined $1.28B — up 37% from $939M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new STN positions and 5 closed out — a net gain of 4 holders — while 28 added to existing stakes and 36 trimmed.
The largest buyer was Mawer Investment Management, opening a new position worth an estimated $108M. The largest seller was Intact Investment Management, exiting entirely with an estimated $14.5M sold.
- 83 institutional investors held Stantec (STN) as of Q3 2013, up from 81 in Q2 2013.
- Funds reported $1.28B of Stantec stock for Q3 2013, up 37% quarter-over-quarter.
- 9 funds opened new Stantec positions in Q3 2013 and 5 closed out, a net change of +4 holders.
- The largest Stantec buyer in Q3 2013 was Mawer Investment Management, an estimated $108M added.
- The largest Stantec seller in Q3 2013 was Intact Investment Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q3 2013.