Stantec
92 hedge funds and large institutions have $1.24B invested in Stantec in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 47 reducing their positions, and 11 closing their positions.
3.28% less ownership
Funds ownership: 61.93% → 58.64% (-3.3%)
7% less funds holding
Funds holding: 99 → 92 (-7)
29% less capital invested
Capital invested by funds: $1.73B → $1.24B (-$496M)
40% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 47
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
94% less call options, than puts
Call options by funds: $125K | Put options by funds: $2.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$59.1M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$27.8M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.15M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$4.91M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$50.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$24.9M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$14.8M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$13.6M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$11M |
STN Hedge Fund Activity: Q3 2015 in Review
92 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q3 2015, worth a combined $1.24B — down 29% from $1.73B a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of STN and 4 opened new positions — a net loss of 7 holders — while 47 trimmed existing stakes and 28 added.
The largest buyer was Guardian Capital (Canada), adding an estimated $59.1M. The largest seller was 1832 Asset Management, cutting an estimated $50.8M.
- 92 institutional investors held Stantec (STN) as of Q3 2015, down from 99 in Q2 2015.
- Funds reported $1.24B of Stantec stock for Q3 2015, down 29% quarter-over-quarter.
- 4 funds opened new Stantec positions in Q3 2015 and 11 closed out, a net change of -7 holders.
- The largest Stantec buyer in Q3 2015 was Guardian Capital (Canada), an estimated $59.1M added.
- The largest Stantec seller in Q3 2015 was 1832 Asset Management, an estimated $50.8M sold.
Based on aggregated 13F filings for Q3 2015.