Which funds own BNS
Bank Nova Scotia B C in the Q2 2026 filings. At least 4 of the 91 current managers on file reported a position, worth $1.6bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 4
- at least, of 91 current
- Combined value
- $1.6bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 3
- already held
- Trimmed or sold out
- 1
- 0 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Acadian Asset Management LLC Quantitative · $84.2bn book | $1.6bn | 1.9% | 18,382,643 | +$559m+3,362,613 | Added |
| Quantbot Technologies LP Quantitative · $2.5bn book | $6.1m | 0.2% | 70,384 | +$2.4m+17,145 | Added |
| PDT Partners LLC Quantitative · $1.9bn book | $5.3m | 0.3% | 60,500 | -$500k-22,700 | Trimmed |
| Maverick Capital Ltd Long/short equity · $11.3bn book | $4.0m | 0.0% | 46,020 | +$1.4m+9,319 | Added |
Ownership through time
At least 8 of the 95 managers whose filings are on file listed BNS in Q2 2026, against 6 in Q2 2013. 2 managers more than in Q1 2026: 2 listed it again.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 6
- Q3 2013: 7
- Q4 2013: 7
- Q1 2014: 8
- Q2 2014: 11
- Q3 2014: 12
- Q4 2014: 9
- Q1 2015: 12
- Q2 2015: 6
- Q3 2015: 11
- Q4 2015: 8
- Q1 2016: 7
- Q2 2016: 11
- Q3 2016: 9
- Q4 2016: 12
- Q1 2017: 10
- Q2 2017: 10
- Q3 2017: 14
- Q4 2017: 12
- Q1 2018: 14
- Q2 2018: 13
- Q3 2018: 11
- Q4 2018: 12
- Q1 2019: 10
- Q2 2019: 10
- Q3 2019: 12
- Q4 2019: 8
- Q1 2020: 10
- Q2 2020: 11
- Q3 2020: 11
- Q4 2020: 10
- Q1 2021: 9
- Q2 2021: 8
- Q3 2021: 7
- Q4 2021: 8
- Q1 2022: 10
- Q2 2022: 11
- Q3 2022: 12
- Q4 2022: 6
- Q1 2023: 5
- Q2 2023: 4
- Q3 2023: 5
- Q4 2023: 6
- Q1 2024: 4
- Q2 2024: 4
- Q3 2024: 7
- Q4 2024: 3
- Q1 2025: 4
- Q2 2025: 11
- Q3 2025: 9
- Q4 2025: 5
- Q1 2026: 6
- Q2 2026: 8
- Q2 2013: $1.4bn
- Q3 2013: $1.4bn
- Q4 2013: $2.1bn
- Q1 2014: $1.8bn
- Q2 2014: $2.2bn
- Q3 2014: $2.2bn
- Q4 2014: $1.6bn
- Q1 2015: $1.5bn
- Q2 2015: $1.4bn
- Q3 2015: $1.3bn
- Q4 2015: $1.1bn
- Q1 2016: $1.7bn
- Q2 2016: $1.9bn
- Q3 2016: $2.1bn
- Q4 2016: $2.2bn
- Q1 2017: $2.3bn
- Q2 2017: $2.4bn
- Q3 2017: $2.7bn
- Q4 2017: $2.5bn
- Q1 2018: $2.5bn
- Q2 2018: $2.0bn
- Q3 2018: $2.4bn
- Q4 2018: $1.9bn
- Q1 2019: $1.7bn
- Q2 2019: $1.7bn
- Q3 2019: $2.0bn
- Q4 2019: $1.8bn
- Q1 2020: $908m
- Q2 2020: $1.3bn
- Q3 2020: $1.4bn
- Q4 2020: $2.0bn
- Q1 2021: $2.1bn
- Q2 2021: $2.3bn
- Q3 2021: $2.1bn
- Q4 2021: $2.5bn
- Q1 2022: $2.3bn
- Q2 2022: $1.5bn
- Q3 2022: $924m
- Q4 2022: $478m
- Q1 2023: $474m
- Q2 2023: $65m
- Q3 2023: $180m
- Q4 2023: $199m
- Q1 2024: $126m
- Q2 2024: $102m
- Q3 2024: $281m
- Q4 2024: $180m
- Q1 2025: $79m
- Q2 2025: $576m
- Q3 2025: $937m
- Q4 2025: $1.5bn
- Q1 2026: $1.5bn
- Q2 2026: $2.3bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
No manager on file started a position.
Largest increases, by shares
- Acadian Asset Management LLC15,020,030 to 18,382,643 shares+$292m
- Quantbot Technologies LP53,239 to 70,384 shares+$1.5m
- Maverick Capital Ltd36,701 to 46,020 shares+$808k
Largest decreases, by shares
- AQR Capital Management LLC2,967,564 to 2,655,580 shares-$27m
- Wellington Management Group LLP4,106,717 to 4,078,801 shares-$2.4m
- PDT Partners LLC83,200 to 60,500 shares-$2.0m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Acadian Asset Management LLC | Q4 2013 | $1.6bn | $1.6bn | |
| Wellington Management Group LLP | Q4 2013 | $1.1bn | $354m | |
| AQR Capital Management LLC | Q4 2014 | $262m | $231m | |
| Neuberger Berman Group LLC | Q2 2026 | $56m | $56m | |
| Man Group PLC | Q1 2018 | $34m | $33m | |
| Quantbot Technologies LP | Q3 2013 | $6.8m | $6.1m | |
| PDT Partners LLC | Q2 2014 | $9.3m | $5.3m | |
| Maverick Capital Ltd | Q1 2026 | $4.0m | $4.0m | |
| Capital World Investors | Q2 2013 | $1.5bn | last listed Q3 2022 | |
| Fidelity (FMR LLC) | Q2 2013 | $777m | last listed Q1 2018 | |
| Invesco Ltd | Q2 2013 | $469m | last listed Q1 2023 | |
| Arrowstreet Capital LP | Q1 2017 | $382m | last listed Q2 2025 | |
| MFS Investment Management | Q2 2013 | $287m | last listed Q3 2022 | |
| Citadel Advisors LLC | Q2 2016 | $281m | last listed Q3 2019 | |
| Renaissance Technologies LLC | Q2 2013 | $268m | last listed Q4 2025 | |
| Capital Research Global Investors | Q2 2013 | $256m | last listed Q2 2021 | |
| Janus Henderson Group Ltd | Q1 2018 | $138m | last listed Q3 2018 | |
| Schonfeld Strategic Advisors LLC | Q2 2020 | $94m | last listed Q2 2022 |
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- D. E. Shaw & Co. · puts$315m notional
What BNS is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around BNS →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
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