Stantec
99 hedge funds and large institutions have $1.54B invested in Stantec in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 27 increasing their positions, 38 reducing their positions, and 6 closing their positions.
267% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 6
20% more capital invested
Capital invested by funds: $1.28B → $1.54B (+$251M)
19% more funds holding
Funds holding: 83 → 99 (+16)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.96% less ownership
Funds ownership: 108.28% → 106.33% (-2%)
29% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 38
64% less call options, than puts
Call options by funds: $526K | Put options by funds: $1.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.4M |
| 2 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$18.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.6M |
| 4 |
Renaissance Technologies
New York
|
+$9.65M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$6.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$26.6M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$21.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.4M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$13.1M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
101
Ativo Capital Management
Chicago,
Illinois
| – | -$1.8M | -70,222 | Closed |
|
|
PIC
102
PCJ Investment Counsel
Toronto,
Ontario, Canada
| – | -$784K | -29,820 | Closed |
|
103
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$690K | -27,042 | Closed |
|
|
QBFM
104
QS Batterymarch Financial Management
New York
| – | -$579K | -22,600 | Closed |
|
105
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$318K | -12,402 | Closed |
|
106
Wells Fargo
San Francisco,
California
| – | +$363 | +12 | +600% |
|
STN Hedge Fund Activity: Q4 2013 in Review
99 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q4 2013, worth a combined $1.54B — up 20% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new STN positions and 6 closed out — a net gain of 16 holders — while 27 added to existing stakes and 38 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $42.4M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $26.6M.
- 99 institutional investors held Stantec (STN) as of Q4 2013, up from 83 in Q3 2013.
- Funds reported $1.54B of Stantec stock for Q4 2013, up 20% quarter-over-quarter.
- 22 funds opened new Stantec positions in Q4 2013 and 6 closed out, a net change of +16 holders.
- The largest Stantec buyer in Q4 2013 was Fidelity Investments, an estimated $42.4M added.
- The largest Stantec seller in Q4 2013 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $26.6M sold.
Based on aggregated 13F filings for Q4 2013.