Stantec
81 hedge funds and large institutions have $1.91B invested in Stantec in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 33 reducing their positions, and 8 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more funds holding
Funds holding: 80 → 81 (+1)
3% less capital invested
Capital invested by funds: $1.96B → $1.91B (-$51.8M)
3.58% less ownership
Funds ownership: 72.72% → 69.14% (-3.6%)
15% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 33
99% less call options, than puts
Call options by funds: $14K | Put options by funds: $1.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$23.5M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$14.7M |
| 3 |
CAM
Cidel Asset Management
Toronto, Ontario,
Ontario, Canada
|
+$12.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.15M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$45.5M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$30.7M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$27.2M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$24.2M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$12.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
76
Manchester Capital Management
Manchester,
Vermont
| $10K | +$2.41K | +100 | +33% |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $9K | -$3.38K | -140 | -28% |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | – | – | – |
|
79
Wells Fargo
San Francisco,
California
| $5K | -$24 | -1 | -0.5% |
|
80
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $2K | – | – | – |
|
|
EFSCE
81
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $2K | – | – | – |
|
|
GCC
82
Guardian Capital (Canada)
Toronto,
Ontario, Canada
| – | -$27.2M | -1,149,501 | Closed |
|
|
NWM
83
Nicola Wealth Management
Vancouver,
British Columbia, Canada
| – | -$3.66M | -116,000 | Closed |
|
84
Jane Street
New York
| – | -$419K | -17,736 | Closed |
|
85
Man Group
London,
United Kingdom
| – | -$376K | -15,900 | Closed |
|
86
Axa
Paris,
France
| – | -$355K | -15,000 | Closed |
|
|
BGC
87
Beutel, Goodman & Co
Toronto,
Ontario, Canada
| – | -$27K | -1,139 | Closed |
|
88
Citigroup
New York
| – | -$12K | -500 | Closed |
|
89
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -148 | Closed |
|
STN Hedge Fund Activity: Q2 2019 in Review
81 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q2 2019, worth a combined $1.91B — down 2.6% from $1.96B a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new STN positions and 8 closed out — a net gain of 1 holder — while 28 added to existing stakes and 33 trimmed.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $23.5M. The largest seller was Franklin Resources, cutting an estimated $45.5M.
- 81 institutional investors held Stantec (STN) as of Q2 2019, up from 80 in Q1 2019.
- Funds reported $1.91B of Stantec stock for Q2 2019, down 2.6% quarter-over-quarter.
- 9 funds opened new Stantec positions in Q2 2019 and 8 closed out, a net change of +1 holder.
- The largest Stantec buyer in Q2 2019 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $23.5M added.
- The largest Stantec seller in Q2 2019 was Franklin Resources, an estimated $45.5M sold.
Based on aggregated 13F filings for Q2 2019.