Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

BANK NOVA SCOTIA B C (BNS)

482 + Investors. Track Smart Money conviction in BNS. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
3Q ▲
Buyers last Q
53%

Smart Money Signals — BNS

Based on 454 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added BNS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
454 hedge funds hold BNS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q
+50 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

228 buying203 selling
Last quarter: 228 funds bought or added vs 203 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~67 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 49 → 52 → 63 → 67. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

66% of holders stayed for 2+ years

66% conviction (2yr+) 16% medium 19% new
298 out of 454 hedge funds have held BNS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -1%, value -17%

Value
-16%
Shares
-1%
Last quarter: funds added -1% more shares while total portfolio value only changed -17%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

57 → 49 → 52 → 63 → 67 new funds/Q
New funds entering each quarter: 49 → 52 → 63 → 67. A growing number of institutions are discovering BNS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 70% of holders stayed 2+ years

70% veterans 7% 1-2yr 23% new
Of 482 current holders: 337 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
39 of 454 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in BNS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: BNS

How many hedge funds hold BNS — quarterly history vs. share price
Quarterly hedge fund ownership of BNS vs. share price

Market Analysis: BNS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BNS

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

48 top-rated funds 11 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: BNS
2026 Q1 Stats Unlock in 22 days 482 + Investors

Track Smart Money conviction in BNS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 482 464 3.88%
13F Shares 614M 621M -1.02%
Total Value $45.52B $54.71B -16.8%
New Positions 67 66 +1
Increased Positions 208 216 -8
Closed Positions 46 35 +11
Reduced Positions 206 191 +15
Total Calls 18 22 -18.18%
Total Puts 16 18 -11.11%
PUT/CALL Ratio 0.89 0.82 Neutral

Statistics: BNS

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
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Institutional Holders (2026 Q1)

482 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BNS. Verified SEC 13F-HR filings.

Top 25 institutional holders of BNS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Value Partners Investments Inc. 4.28% 811,628 $56.2M
2 Cardinal Capital Management, Inc. 3.77% 2,022,859 $139.8M
3 Eldred Rock Partners, LLC 3.63% 205,596 $14.2M
4 Gold Investment Management Ltd. 2.97% 138,546 $9.6M
5 Addenda Capital Inc. 2.92% 1,073,598 $103.6M
6 Marathon Asset Management Ltd 2.89% 1,089,394 $75.3M
7 Keystone Financial Planning, Inc. 2.58% 139,101 $9.6M
8 Triasima Portfolio Management inc. 1.34% 128,680 $8.9M
9 Pathway Financial Advisers, LLC 1.27% 64,823 $4.5M
10 LOUISBOURG INVESTMENTS INC. 1.17% 89,518 $6.2M
11 Cardinal Point Capital Management ULC 0.91% 215,525 $14.9M
12 Artemis Investment Management LLP 0.90% 1,226,186 $85.0M
13 CIDEL ASSET MANAGEMENT INC 0.61% 161,500 $11.2M
14 VIEWPOINT INVESTMENT PARTNERS CORP 0.60% 18,381 $1.3M
15 Cardinal Capital Management 0.56% 62,165 $4.3M
16 MQS Management LLC 0.50% 10,593 $734K
17 Ipswich Investment Management Co., Inc. 0.45% 27,672 $1.9M
18 Pacifica Partners Inc. 0.43% 18,743 $1.3M
19 ASAHI LIFE ASSET MANAGEMENT CO., LTD. 0.27% 5,958 $412K
20 Avanza Fonder AB 0.23% 86,882 $8.4M
21 PBU - The Pension Fund of Early Childhood & Youth Educators 0.22% 152,831 $2.3M
22 AAFMAA Wealth Management & Trust LLC 0.18% 6,773 $469K
23 Radnor Capital Management, LLC 0.14% 13,275 $920K
24 Abacus Wealth Partners, LLC 0.13% 21,318 $1.5M
25 SILVERLAKE WEALTH MANAGEMENT LLC 0.11% 7,851 $544K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — BANK NOVA SCOTIA B C (BNS)

What does the Smart Money Trend signal show for BNS?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added BNS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BNS?

Slight buying edge — 53% buying: Last quarter: 228 funds bought or added vs 203 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BNS holders?

Elite ownership — 52% AUM from top-100 funds: 39 of 454 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in BNS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BNS?

66% of holders stayed for 2+ years: 298 out of 454 hedge funds have held BNS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.