Stantec
180 hedge funds and large institutions have $4.39B invested in Stantec in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 73 increasing their positions, 63 reducing their positions, and 22 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 63
8% more capital invested
Capital invested by funds: $4.06B → $4.39B (+$325M)
9% more call options, than puts
Call options by funds: $1.98M | Put options by funds: $1.81M
2% less funds holding
Funds holding: 183 → 180 (-3)
2.36% less ownership
Funds ownership: 61.96% → 59.6% (-2.4%)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$20.4M |
| 2 |
Amundi
Paris,
France
|
+$19.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$16.6M |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$11M |
| 5 |
LOAME
Lombard Odier Asset Management (Europe)
London,
United Kingdom
|
+$9.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$60.3M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$57.3M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$43.1M |
| 4 |
Millennium Management
New York
|
-$33.9M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$16.1M |
STN Hedge Fund Activity: Q2 2023 in Review
180 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q2 2023, worth a combined $4.39B — up 8% from $4.06B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of STN and 19 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 73 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $20.4M. The largest seller was Jarislowsky, Fraser Ltd, cutting an estimated $60.3M.
- 180 institutional investors held Stantec (STN) as of Q2 2023, down from 183 in Q1 2023.
- Funds reported $4.39B of Stantec stock for Q2 2023, up 8% quarter-over-quarter.
- 19 funds opened new Stantec positions in Q2 2023 and 22 closed out, a net change of -3 holders.
- The largest Stantec buyer in Q2 2023 was Fiera Capital (Canada), an estimated $20.4M added.
- The largest Stantec seller in Q2 2023 was Jarislowsky, Fraser Ltd, an estimated $60.3M sold.
Based on aggregated 13F filings for Q2 2023.