Stantec
220 hedge funds and large institutions have $5.56B invested in Stantec in 2024 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 85 increasing their positions, 75 reducing their positions, and 29 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 75
1.06% more ownership
Funds ownership: 59.08% → 60.15% (+1.1%)
2% less capital invested
Capital invested by funds: $5.67B → $5.56B (-$109M)
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
2% less funds holding
Funds holding: 224 → 220 (-4)
50% less call options, than puts
Call options by funds: $1.4M | Put options by funds: $2.79M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$127M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$51.7M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$42.4M |
| 4 |
Amundi
Paris,
France
|
+$41.8M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
+$34.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$84.9M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$39.3M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$30.2M |
| 4 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$28.6M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$24.5M |
STN Hedge Fund Activity: Q3 2024 in Review
220 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Stantec (STN) for Q3 2024, worth a combined $5.56B — down 1.9% from $5.67B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of STN and 27 opened new positions — a net loss of 2 holders — while 75 trimmed existing stakes and 85 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $127M. The largest seller was Royal Bank of Canada, cutting an estimated $84.9M.
- 220 institutional investors held Stantec (STN) as of Q3 2024, down from 224 in Q2 2024.
- Funds reported $5.56B of Stantec stock for Q3 2024, down 1.9% quarter-over-quarter.
- 27 funds opened new Stantec positions in Q3 2024 and 29 closed out, a net change of -2 holders.
- The largest Stantec buyer in Q3 2024 was Manulife (Manufacturers Life Insurance), an estimated $127M added.
- The largest Stantec seller in Q3 2024 was Royal Bank of Canada, an estimated $84.9M sold.
Based on aggregated 13F filings for Q3 2024.