Stantec
194 hedge funds and large institutions have $4.28B invested in Stantec in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 64 increasing their positions, 80 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
16% more call options, than puts
Call options by funds: $1.9M | Put options by funds: $1.64M
8% more funds holding
Funds holding: 180 → 194 (+14)
0.85% less ownership
Funds ownership: 59.6% → 58.75% (-0.85%)
2% less capital invested
Capital invested by funds: $4.39B → $4.28B (-$103M)
20% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$21.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$20.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$16.4M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$15.8M |
| 5 |
N
Natixis
Paris,
France
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$28.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$22.1M |
| 3 |
Morgan Stanley
New York
|
-$16.9M |
| 4 |
Millennium Management
New York
|
-$13.8M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$13.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LP
201
LMR Partners
London,
United Kingdom
| – | -$2.2M | -33,735 | Closed |
|
202
Acadian Asset Management
Boston,
Massachusetts
| – | -$1.51M | -23,100 | Closed |
|
|
TI
203
Trexquant Investment
Stamford,
Connecticut
| – | -$604K | -9,255 | Closed |
|
|
AG
204
Algert Global
San Francisco,
California
| – | -$464K | -7,100 | Closed |
|
|
SGI
205
Summit Global Investments
Bountiful,
Utah
| – | -$309K | -4,743 | Closed |
|
|
BCI
206
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$214K | -3,282 | Closed |
|
|
OPS
207
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$214K | -3,282 | Closed |
|
|
CMBA
208
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$169K | -2,590 | Closed |
|
|
WP
209
WealthPLAN Partners
Omaha,
Nebraska
| – | -$8.09K | -124 | Closed |
|
210
Optiver Holding
Amsterdam,
Netherlands
| – | -$2.22K | -34 | Closed |
|
STN Hedge Fund Activity: Q3 2023 in Review
194 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q3 2023, worth a combined $4.28B — down 2.4% from $4.39B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new STN positions and 16 closed out — a net gain of 16 holders — while 64 added to existing stakes and 80 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $21.7M. The largest seller was Franklin Resources, cutting an estimated $28.6M.
- 194 institutional investors held Stantec (STN) as of Q3 2023, up from 180 in Q2 2023.
- Funds reported $4.28B of Stantec stock for Q3 2023, down 2.4% quarter-over-quarter.
- 32 funds opened new Stantec positions in Q3 2023 and 16 closed out, a net change of +16 holders.
- The largest Stantec buyer in Q3 2023 was Geode Capital Management, an estimated $21.7M added.
- The largest Stantec seller in Q3 2023 was Franklin Resources, an estimated $28.6M sold.
Based on aggregated 13F filings for Q3 2023.