Stantec
79 hedge funds and large institutions have $1.71B invested in Stantec in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 32 reducing their positions, and 7 closing their positions.
0.5% less ownership
Funds ownership: 69.14% → 68.64% (-0.5%)
2% less funds holding
Funds holding: 81 → 79 (-2)
10% less capital invested
Capital invested by funds: $1.91B → $1.71B (-$200M)
16% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 32
16% less call options, than puts
Call options by funds: $1.11M | Put options by funds: $1.32M
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$119M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$18.1M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$13.8M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$8.63M |
| 5 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$57.4M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$39.9M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$26.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19.6M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$13.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| $5K | +$23 | +1 | +0.5% |
|
|
LC
77
Lindbrook Capital
Calabasas,
California
| $3K | -$7.81K | -342 | -74% |
|
78
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $2K | – | – | – |
|
|
EFSCE
79
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $2K | – | – | – |
|
|
80
Mawer Investment Management
Calgary,
Alberta, Canada
| – | -$39.9M | -1,658,736 | Closed |
|
|
OAM
81
Ostrum Asset Management
Paris,
France
| – | -$2.05M | -85,254 | Closed |
|
82
Citadel Advisors
Miami,
Florida
| – | -$553K | -23,020 | Closed |
|
83
JP Morgan Chase
New York
| – | -$504K | -21,187 | Closed |
|
84
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$450K | -18,700 | Closed |
|
|
CSS
85
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$394K | -16,420 | Closed |
|
|
AG
86
Aperio Group
Sausalito,
California
| – | -$147K | -6,142 | Closed |
|
STN Hedge Fund Activity: Q3 2019 in Review
79 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q3 2019, worth a combined $1.71B — down 10% from $1.91B a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of STN and 5 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 27 added.
The largest buyer was Burgundy Asset Management, opening a new position worth an estimated $119M. The largest seller was Franklin Resources, cutting an estimated $57.4M.
- 79 institutional investors held Stantec (STN) as of Q3 2019, down from 81 in Q2 2019.
- Funds reported $1.71B of Stantec stock for Q3 2019, down 10% quarter-over-quarter.
- 5 funds opened new Stantec positions in Q3 2019 and 7 closed out, a net change of -2 holders.
- The largest Stantec buyer in Q3 2019 was Burgundy Asset Management, an estimated $119M added.
- The largest Stantec seller in Q3 2019 was Franklin Resources, an estimated $57.4M sold.
Based on aggregated 13F filings for Q3 2019.