Stantec
103 hedge funds and large institutions have $2.23B invested in Stantec in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 37 reducing their positions, and 18 closing their positions.
22% more capital invested
Capital invested by funds: $1.83B → $2.23B (+$408M)
8% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 37
0.83% more ownership
Funds ownership: 64.31% → 65.13% (+0.83%)
8% less funds holding
Funds holding: 112 → 103 (-9)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$92.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$26.1M |
| 3 |
Renaissance Technologies
New York
|
+$9.46M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$8.41M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$5.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$37.4M |
| 2 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$23.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13.6M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$13.2M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$12.2M |
STN Hedge Fund Activity: Q2 2020 in Review
103 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q2 2020, worth a combined $2.23B — up 22% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of STN and 9 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 40 added.
The largest buyer was Mackenzie Financial, adding an estimated $92.9M. The largest seller was Burgundy Asset Management, cutting an estimated $37.4M.
- 103 institutional investors held Stantec (STN) as of Q2 2020, down from 112 in Q1 2020.
- Funds reported $2.23B of Stantec stock for Q2 2020, up 22% quarter-over-quarter.
- 9 funds opened new Stantec positions in Q2 2020 and 18 closed out, a net change of -9 holders.
- The largest Stantec buyer in Q2 2020 was Mackenzie Financial, an estimated $92.9M added.
- The largest Stantec seller in Q2 2020 was Burgundy Asset Management, an estimated $37.4M sold.
Based on aggregated 13F filings for Q2 2020.