Stantec
224 hedge funds and large institutions have $5.67B invested in Stantec in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 75 increasing their positions, 96 reducing their positions, and 27 closing their positions.
1.47% more ownership
Funds ownership: 57.61% → 59.08% (+1.5%)
3% more capital invested
Capital invested by funds: $5.5B → $5.67B (+$169M)
4% less funds holding
Funds holding: 234 → 224 (-10)
19% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 27
22% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 96
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
74% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $6.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$65.7M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$37.3M |
| 3 |
JP Morgan Chase
New York
|
+$34.7M |
| 4 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
+$34.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$49.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.7M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$19.4M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$19.4M |
| 5 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$18.2M |
STN Hedge Fund Activity: Q2 2024 in Review
224 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q2 2024, worth a combined $5.67B — up 3.1% from $5.5B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of STN and 22 opened new positions — a net loss of 5 holders — while 96 trimmed existing stakes and 75 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $65.7M. The largest seller was Mackenzie Financial, cutting an estimated $49.9M.
- 224 institutional investors held Stantec (STN) as of Q2 2024, down from 234 in Q1 2024.
- Funds reported $5.67B of Stantec stock for Q2 2024, up 3.1% quarter-over-quarter.
- 22 funds opened new Stantec positions in Q2 2024 and 27 closed out, a net change of -5 holders.
- The largest Stantec buyer in Q2 2024 was Manulife (Manufacturers Life Insurance), an estimated $65.7M added.
- The largest Stantec seller in Q2 2024 was Mackenzie Financial, an estimated $49.9M sold.
Based on aggregated 13F filings for Q2 2024.