Stantec
101 hedge funds and large institutions have $1.25B invested in Stantec in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 20 reducing their positions, and 13 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 103 → 101 (-2)
13.74% less ownership
Funds ownership: 59.91% → 46.17% (-14%)
15% less capital invested
Capital invested by funds: $1.47B → $1.25B (-$218M)
47% less call options, than puts
Call options by funds: $683K | Put options by funds: $1.29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$76.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$22.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$13.9M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$233M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$78.3M |
| 3 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$13.8M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$9.18M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$4.88M |
STN Hedge Fund Activity: Q2 2016 in Review
101 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q2 2016, worth a combined $1.25B — down 15% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of STN and 12 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 52 added.
The largest buyer was Royal Bank of Canada, adding an estimated $76.2M. The largest seller was Jarislowsky, Fraser Ltd, exiting entirely with an estimated $233M sold.
- 101 institutional investors held Stantec (STN) as of Q2 2016, down from 103 in Q1 2016.
- Funds reported $1.25B of Stantec stock for Q2 2016, down 15% quarter-over-quarter.
- 12 funds opened new Stantec positions in Q2 2016 and 13 closed out, a net change of -1 holder.
- The largest Stantec buyer in Q2 2016 was Royal Bank of Canada, an estimated $76.2M added.
- The largest Stantec seller in Q2 2016 was Jarislowsky, Fraser Ltd, an estimated $233M sold.
Based on aggregated 13F filings for Q2 2016.