Stantec
104 hedge funds and large institutions have $1.4B invested in Stantec in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 40 reducing their positions, and 14 closing their positions.
299% more call options, than puts
Call options by funds: $1.32M | Put options by funds: $330K
3% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 40
6% less funds holding
Funds holding: 111 → 104 (-7)
14% less capital invested
Capital invested by funds: $1.62B → $1.4B (-$218M)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
51.83% less ownership
Funds ownership: 105.24% → 53.41% (-52%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$59.3M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$31.6M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$29.2M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$15.2M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$9.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.6M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$20.6M |
| 3 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$12.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$11.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.15M |
STN Hedge Fund Activity: Q4 2014 in Review
104 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q4 2014, worth a combined $1.4B — down 14% from $1.62B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of STN and 11 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 39 added.
The largest buyer was 1832 Asset Management, adding an estimated $59.3M. The largest seller was Fidelity Investments, cutting an estimated $63.6M.
- 104 institutional investors held Stantec (STN) as of Q4 2014, down from 111 in Q3 2014.
- Funds reported $1.4B of Stantec stock for Q4 2014, down 14% quarter-over-quarter.
- 11 funds opened new Stantec positions in Q4 2014 and 14 closed out, a net change of -3 holders.
- The largest Stantec buyer in Q4 2014 was 1832 Asset Management, an estimated $59.3M added.
- The largest Stantec seller in Q4 2014 was Fidelity Investments, an estimated $63.6M sold.
Based on aggregated 13F filings for Q4 2014.