Stantec
184 hedge funds and large institutions have $4.06B invested in Stantec in 2023 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 56 increasing their positions, 66 reducing their positions, and 11 closing their positions.
255% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 11
21% more capital invested
Capital invested by funds: $3.36B → $4.06B (+$699M)
17% more funds holding
Funds holding: 157 → 184 (+27)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.74% less ownership
Funds ownership: 62.7% → 61.96% (-0.74%)
15% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 66
49% less call options, than puts
Call options by funds: $561K | Put options by funds: $1.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$21.1M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$17.5M |
| 3 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
+$17.1M |
| 4 |
Morgan Stanley
New York
|
+$13.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$94.9M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$41.3M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$10.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$9.41M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$8.87M |
STN Hedge Fund Activity: Q1 2023 in Review
184 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q1 2023, worth a combined $4.06B — up 21% from $3.36B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new STN positions and 11 closed out — a net gain of 28 holders — while 56 added to existing stakes and 66 trimmed.
The largest buyer was Millennium Management, adding an estimated $21.1M. The largest seller was Mackenzie Financial, cutting an estimated $94.9M.
- 184 institutional investors held Stantec (STN) as of Q1 2023, up from 157 in Q4 2022.
- Funds reported $4.06B of Stantec stock for Q1 2023, up 21% quarter-over-quarter.
- 39 funds opened new Stantec positions in Q1 2023 and 11 closed out, a net change of +28 holders.
- The largest Stantec buyer in Q1 2023 was Millennium Management, an estimated $21.1M added.
- The largest Stantec seller in Q1 2023 was Mackenzie Financial, an estimated $94.9M sold.
Based on aggregated 13F filings for Q1 2023.