Stantec
93 hedge funds and large institutions have $1.51B invested in Stantec in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 37 reducing their positions, and 16 closing their positions.
17% more capital invested
Capital invested by funds: $1.29B → $1.51B (+$220M)
9.63% more ownership
Funds ownership: 46.17% → 55.79% (+9.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 101 → 93 (-8)
11% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 37
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
98% less call options, than puts
Call options by funds: $106K | Put options by funds: $4.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$249M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$62.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$36.1M |
| 4 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$24.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.9M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$22.9M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$21.3M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.5M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$8.71M |
STN Hedge Fund Activity: Q3 2016 in Review
93 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q3 2016, worth a combined $1.51B — up 17% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of STN and 10 opened new positions — a net loss of 6 holders — while 37 trimmed existing stakes and 33 added.
The largest buyer was Jarislowsky, Fraser Ltd, opening a new position worth an estimated $249M. The largest seller was Fidelity Investments, cutting an estimated $55.9M.
- 93 institutional investors held Stantec (STN) as of Q3 2016, down from 101 in Q2 2016.
- Funds reported $1.51B of Stantec stock for Q3 2016, up 17% quarter-over-quarter.
- 10 funds opened new Stantec positions in Q3 2016 and 16 closed out, a net change of -6 holders.
- The largest Stantec buyer in Q3 2016 was Jarislowsky, Fraser Ltd, an estimated $249M added.
- The largest Stantec seller in Q3 2016 was Fidelity Investments, an estimated $55.9M sold.
Based on aggregated 13F filings for Q3 2016.