BCE INC BCE
COM NEW · Common Stock · CUSIP 05534B760 · ISIN CA05534B7604
Bell Canada Enterprises
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($534.6m this quarter). Holder counts are more reliable. Shares outstanding: 912.0m as of 2022-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $42.53. Options: 13 managers hold calls ($154.3m notional), 8 hold puts ($394.6m).
Biggest calls
| BANK OF AMERICA CORP /DE/ | — | $46.1m1.1m shares |
| Polar Asset Management Partners Inc. | — | $27.0m640.0k shares |
| SIG North Trading, ULC | — | $16.8m397.5k shares |
| ROYAL BANK OF CANADA | — | $16.6m395.0k shares |
| D. E. Shaw & Co., Inc. | — | $12.1m290.0k shares |
| CITIGROUP INC | — | $10.5m250.0k shares |
| HSBC HOLDINGS PLC | — | $8.3m195.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $7.0m166.9k shares |
| CIBC WORLD MARKET INC. | — | $4.2m100.0k shares |
| CITADEL ADVISORS LLC | — | $3.2m75.4k shares |
Biggest puts
| ROYAL BANK OF CANADA | — | $215.8m5.1m shares |
| CIBC WORLD MARKET INC. | — | $99.9m2.4m shares |
| SIG North Trading, ULC | — | $37.9m898.2k shares |
| GOLDMAN SACHS GROUP INC | — | $24.3m580.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | $7.1m168.9k shares |
| CITADEL ADVISORS LLC | — | $5.8m137.6k shares |
| PEAK6 Investments LLC | — | $2.2m52.0k shares |
| WOLVERINE TRADING, LLC | — | $1.7m38.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales in Q3 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q3 2022.
Holders, Q3 2022
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 1.08% of their portfolio | 77.5m $3.2bn | — |
| BANK OF MONTREAL /CAN/ 0.61% of their portfolio | 28.8m $1.3bn | — |
| Capital Research Global Investors 0.23% of their portfolio | 16.7m $698.7m | — |
| BANK OF NOVA SCOTIA 1.82% of their portfolio | 13.6m $572.3m | — |
| VANGUARD GROUP INC 0.02% of their portfolio | 13.2m $553.6m | — |
| CIBC WORLD MARKET INC. 2.28% of their portfolio | 12.7m $530.9m | — |
| Caisse de depot et placement du Quebec 1.54% of their portfolio | 12.5m $528.3m | — |
| 1832 Asset Management L.P. 1.05% of their portfolio | 11.8m $495.1m | — |
| DEUTSCHE BANK AG\ 0.30% of their portfolio | 11.7m $492.2m | — |
| FIL Ltd 0.62% of their portfolio | 11.5m $483.1m | — |
| TD Asset Management Inc 0.60% of their portfolio | 11.1m $475.9m | — |
| TORONTO DOMINION BANK 0.84% of their portfolio | 10.2m $469.9m | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.13% of their portfolio | 8.9m $375.0m | — |
| FRANKLIN RESOURCES INC 0.20% of their portfolio | 8.9m $373.8m | — |
| SCOTIA CAPITAL INC. 2.51% of their portfolio | 7.4m $310.2m | — |
| MACKENZIE FINANCIAL CORP 0.49% of their portfolio | 6.8m $283.2m | — |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 6.6m $276.4m | — |
| NATIONAL BANK OF CANADA /FI/ 1.53% of their portfolio | 6.3m $263.6m | — |
| PRINCIPAL FINANCIAL GROUP INC 0.19% of their portfolio | 5.7m $238.3m | — |
| Cullen Capital Management, LLC 2.50% of their portfolio | 5.6m $233.5m | — |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.16% of their portfolio | 5.6m $235.7m | — |
| CIBC Asset Management Inc 0.84% of their portfolio | 4.4m $187.4m | — |
| Capital World Investors 0.04% of their portfolio | 4.3m $181.5m | — |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 4.1m $170.7m | — |
| MORGAN STANLEY 0.02% of their portfolio | 4.0m $169.0m | — |
| LETKO, BROSSEAU & ASSOCIATES INC 3.01% of their portfolio | 3.6m $151.8m | — |
| TD Waterhouse Canada Inc. 2.33% of their portfolio | 3.4m $204.9m | — |
| ACADIAN ASSET MANAGEMENT LLC 0.64% of their portfolio | 2.8m $117.5m | — |
| DekaBank Deutsche Girozentrale 0.35% of their portfolio | 2.8m $119.2m | — |
| NORGES BANK 0.03% of their portfolio | 2.5m $104.7m | — |
| Alberta Investment Management Corp 0.74% of their portfolio | 2.3m $96.7m | — |
| RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio | 2.2m $94.3m | — |
| FIRST TRUST ADVISORS LP 0.12% of their portfolio | 2.2m $92.8m | — |
| Federation des caisses Desjardins du Quebec 1.12% of their portfolio | 2.2m $94.3m | — |
| REAVES W H & CO INC 3.37% of their portfolio | 2.1m $89.7m | — |
| Legal & General Group Plc 0.03% of their portfolio | 2.1m $87.6m | — |
| MONTRUSCO BOLTON INVESTMENTS INC. 2.08% of their portfolio | 1.9m $78.8m | — |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 1.8m $76.3m | — |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.8m $74.9m | — |
| Invesco Ltd. 0.02% of their portfolio | 1.7m $71.1m | — |
| Connor, Clark & Lunn Investment Management Ltd. 0.44% of their portfolio | 1.6m $66.5m | — |
| FEDERATED HERMES, INC. 0.18% of their portfolio | 1.5m $62.6m | — |
| CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio | 1.5m $62.7m | — |
| GUARDIAN CAPITAL LP 1.93% of their portfolio | 1.3m $55.8m | — |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.3m $52.7m | — |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 1.1m $46.9m | — |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.1m $46.9m | — |
| APG Asset Management N.V. 0.12% of their portfolio | 1.1m $46.5m | — |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.56% of their portfolio | 1.1m $44.7m | — |
| Amundi 0.03% of their portfolio | 1.0m $44.5m | — |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 5.10% of their portfolio | 955.1k $40.0m | — |
| FMR LLC 0.00% of their portfolio | 938.4k $39.3m | — |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 935.8k $39.2m | — |
| GABELLI FUNDS LLC 0.31% of their portfolio | 908.4k $38.1m | — |
| INTACT INVESTMENT MANAGEMENT INC. 1.71% of their portfolio | 895.1k $51.8m | — |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 831.6k $34.9m | — |
| Onex Canada Asset Management Inc. 1.98% of their portfolio | 792.9k $33.2m | — |
| BANK OF NOVA SCOTIA TRUST CO 3.74% of their portfolio | 786.2k $33.0m | — |
| CAPITAL ADVISORS INC/OK 1.01% of their portfolio | 781.7k $32.7m | — |
| LPL Financial LLC 0.03% of their portfolio | 773.9k $32.5m | — |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.06% of their portfolio | 773.0k $32.6m | — |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio | 720.7k $30.2m | — |
| TRUIST FINANCIAL CORP 0.05% of their portfolio | 680.2k $28.5m | — |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 666.5k $28.0m | — |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 661.8k $27.8m | — |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 660.5k $27.7m | — |
| BlackRock Inc. 0.00% of their portfolio | 649.3k $27.2m | — |
| UBS Group AG 0.01% of their portfolio | 607.8k $25.5m | — |
| GUYASUTA INVESTMENT ADVISORS INC 2.19% of their portfolio | 605.5k $25.4m | — |
| Marathon Asset Management Ltd 0.77% of their portfolio | 602.9k $25.8m | — |
| Addenda Capital Inc. 1.46% of their portfolio | 547.1k $31.9m | — |
| LGT CAPITAL PARTNERS LTD. 0.70% of their portfolio | 540.4k $22.8m | — |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 535.2k $22.5m | — |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 516.7k $22.1m | — |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.35% of their portfolio | 473.7k $19.9m | — |
| Janney Montgomery Scott LLC 0.08% of their portfolio | 464.7k $19.5m | — |
| CRAWFORD INVESTMENT COUNSEL INC 0.45% of their portfolio | 455.5k $19.1m | — |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 452.6k $19.0m | — |
| NORTHERN TRUST CORP 0.00% of their portfolio | 452.2k $19.0m | — |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 445.3k $18.9m | — |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 438.0k $18.4m | — |
| Bank of New York Mellon Corp 0.00% of their portfolio | 437.1k $18.3m | — |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 413.3k $19.2m | — |
| GUARDIAN CAPITAL ADVISORS LP 2.01% of their portfolio | 392.9k $16.1m | — |
| GODSEY & GIBB, INC 12.16% of their portfolio | 364.4k $15.3m | — |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 354.8k $14.9m | — |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 347.2k $14.5m | — |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.16% of their portfolio | 340.6k $14.3m | — |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 337.7k $14.2m | — |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 336.1k $14.1m | — |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 331.2k $13.9m | — |
| Swiss National Bank 0.01% of their portfolio | 326.9k $13.8m | — |
| Allianz Asset Management GmbH 0.03% of their portfolio | 315.7k $13.3m | — |
| Bollard Group LLC 0.54% of their portfolio | 306.9k $12.9m | — |
| MONEY CONCEPTS CAPITAL CORP 0.75% of their portfolio | 303.8k $12.7m | — |
| CITIGROUP INC 0.02% of their portfolio | 293.3k $12.4m | — |
| DORCHESTER WEALTH MANAGEMENT Co 2.65% of their portfolio | 286.7k $12.0m | — |
| Korea Investment CORP 0.03% of their portfolio | 268.0k $11.3m | — |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC 1.74% of their portfolio | 252.4k $10.6m | — |
| Verity & Verity, LLC 1.66% of their portfolio | 245.5k $10.3m | — |