Stantec
94 hedge funds and large institutions have $2.1B invested in Stantec in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 30 reducing their positions, and 2 closing their positions.
750% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 2
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more capital invested
Capital invested by funds: $1.75B → $2.1B (+$355M)
20% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 30
19% more funds holding
Funds holding: 79 → 94 (+15)
2.31% less ownership
Funds ownership: 68.64% → 66.33% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$28.9M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$27.8M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$22.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.6M |
| 5 |
CAM
Cidel Asset Management
Toronto, Ontario,
Ontario, Canada
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$83.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$51M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$47.4M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$13.7M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$12.9M |
STN Hedge Fund Activity: Q4 2019 in Review
94 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q4 2019, worth a combined $2.1B — up 20% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new STN positions and 2 closed out — a net gain of 15 holders — while 36 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $28.9M. The largest seller was Mackenzie Financial, cutting an estimated $83.7M.
- 94 institutional investors held Stantec (STN) as of Q4 2019, up from 79 in Q3 2019.
- Funds reported $2.1B of Stantec stock for Q4 2019, up 20% quarter-over-quarter.
- 17 funds opened new Stantec positions in Q4 2019 and 2 closed out, a net change of +15 holders.
- The largest Stantec buyer in Q4 2019 was Morgan Stanley, an estimated $28.9M added.
- The largest Stantec seller in Q4 2019 was Mackenzie Financial, an estimated $83.7M sold.
Based on aggregated 13F filings for Q4 2019.