Stantec
98 hedge funds and large institutions have $1.78B invested in Stantec in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
21% more capital invested
Capital invested by funds: $1.47B → $1.78B (+$309M)
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
5.48% more ownership
Funds ownership: 55.79% → 61.27% (+5.5%)
5% more funds holding
Funds holding: 93 → 98 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less call options, than puts
Call options by funds: $2.36M | Put options by funds: $2.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$105M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$49.6M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$38.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$16.9M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$35.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$23.6M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$20.5M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$14.7M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$6.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$1.22M | -51,700 | Closed |
|
102
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$716K | -30,541 | Closed |
|
|
QC
103
Quadrature Capital
London,
United Kingdom
| – | -$396K | -16,900 | Closed |
|
|
CAN
104
Cetera Advisor Networks
El Segundo,
California
| – | -$207K | -8,808 | Closed |
|
105
JP Morgan Chase
New York
| – | -$2K | -84 | Closed |
|
|
HIM
106
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$2K | -70 | Closed |
|
STN Hedge Fund Activity: Q4 2016 in Review
98 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q4 2016, worth a combined $1.78B — up 21% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new STN positions and 8 closed out — a net gain of 7 holders — while 40 added to existing stakes and 34 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $105M. The largest seller was Fidelity Investments, cutting an estimated $35.8M.
- 98 institutional investors held Stantec (STN) as of Q4 2016, up from 93 in Q3 2016.
- Funds reported $1.78B of Stantec stock for Q4 2016, up 21% quarter-over-quarter.
- 15 funds opened new Stantec positions in Q4 2016 and 8 closed out, a net change of +7 holders.
- The largest Stantec buyer in Q4 2016 was 1832 Asset Management, an estimated $105M added.
- The largest Stantec seller in Q4 2016 was Fidelity Investments, an estimated $35.8M sold.
Based on aggregated 13F filings for Q4 2016.