MANULIFE FINL CORP MFC
COM · Common Stock · CUSIP 56501R106 · ISIN CA56501R1064
- SectorFinancials
- IndustryLife Insurance
- FilingsSEC EDGAR
* 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 ($411.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.53. Options: 19 managers hold calls ($159.2m notional), 15 hold puts ($408.5m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 499 |
| Q4 2022 | 507 |
| Q1 2023 | 529 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 193 | 221 |
| Q1 2023 | 237 | 178 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $197.7m | $449.6m | 2.27 |
| Q4 2022 | $199.8m | $499.3m | 2.50 |
| Q1 2023 | $159.2m | $408.5m | 2.57 |
Biggest buyers
| LORD, ABBETT & CO. LLC | Added | +8.0m |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +7.2m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +6.8m |
| BANK OF MONTREAL /CAN/ | Added | +4.6m |
| CIBC Asset Management Inc | Added | +4.4m |
| Public Sector Pension Investment Board | Added | +2.8m |
| BANK OF AMERICA CORP /DE/ | Added | +2.6m |
| TD Asset Management Inc | Added | +2.2m |
| Triasima Portfolio Management inc. | New | +1.8m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +1.5m |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -11.6m |
| Capital World Investors | Reduced | -5.2m |
| INTACT INVESTMENT MANAGEMENT INC. | Reduced | -2.9m |
| CIBC WORLD MARKET INC. | Reduced | -2.7m |
| TORONTO DOMINION BANK | Reduced | -1.7m |
| Alberta Investment Management Corp | Reduced | -1.4m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.3m |
| Federation des caisses Desjardins du Quebec | Reduced | -1.1m |
| VANGUARD GROUP INC | Reduced | -917.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -792.1k |
Biggest calls
| CIBC WORLD MARKET INC. | Reduced | $37.7m2.1m shares |
| D. E. Shaw & Co., Inc. | Added | $25.3m1.4m shares |
| BANK OF AMERICA CORP /DE/ | Added | $22.0m1.2m shares |
| SIG North Trading, ULC | Added | $17.0m923.3k shares |
| Polar Asset Management Partners Inc. | Added | $12.8m700.0k shares |
| JANE STREET GROUP, LLC | Added | $9.3m507.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.7m420.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $7.4m300.0k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $7.3m400.0k shares |
| UBS Group AG | Unchanged | $5.5m300.0k shares |
Biggest puts
| ROYAL BANK OF CANADA | Reduced | $134.4m7.3m shares |
| CIBC WORLD MARKET INC. | Reduced | $120.4m6.6m shares |
| Polar Asset Management Partners Inc. | New | $50.4m2.8m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $39.1m1.6m shares |
| SIG North Trading, ULC | Reduced | $26.0m1.4m shares |
| BANK OF MONTREAL /CAN/ | Unchanged | $21.1m1.1m shares |
| JANE STREET GROUP, LLC | Added | $8.5m465.0k shares |
| UBS Group AG | Unchanged | $5.5m300.0k shares |
| CITADEL ADVISORS LLC | Added | $1.7m95.3k shares |
| SIMPLEX TRADING, LLC | Added | $782.0k42.6k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-29 | 6.5% |
Insider purchases and sales in Q1 2023
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 Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 0.85% of their portfolio | 153.8m $2.8bn | Reduced -11.6m |
| BANK OF MONTREAL /CAN/ 0.54% of their portfolio | 69.1m $1.3bn | Added +4.6m |
| VANGUARD GROUP INC 0.03% of their portfolio | 69.1m $1.3bn | Reduced -917.9k |
| TD Asset Management Inc 0.69% of their portfolio | 31.3m $573.5m | Added +2.2m |
| MACKENZIE FINANCIAL CORP 0.89% of their portfolio | 31.2m $572.8m | Reduced -1.3m |
| NATIONAL BANK OF CANADA /FI/ 1.53% of their portfolio | 30.9m $567.5m | Added +951.5k |
| CIBC WORLD MARKET INC. 1.72% of their portfolio | 25.9m $474.6m | Reduced -2.7m |
| BANK OF NOVA SCOTIA 1.36% of their portfolio | 25.1m $459.7m | Reduced -434.4k |
| Beutel, Goodman & Co Ltd. 2.64% of their portfolio | 24.5m $449.3m | Reduced -62.8k |
| NORGES BANK 0.10% of their portfolio | 24.0m $440.5m | Added +1.2m |
| JARISLOWSKY, FRASER Ltd 2.64% of their portfolio | 23.4m $428.4m | Reduced -652.1k |
| CIBC Asset Management Inc 1.40% of their portfolio | 18.8m $345.4m | Added +4.4m |
| TORONTO DOMINION BANK 0.47% of their portfolio | 14.9m $291.2m | Reduced -1.7m |
| LETKO, BROSSEAU & ASSOCIATES INC 4.43% of their portfolio | 12.9m $236.8m | Reduced -599.2k |
| SCOTIA CAPITAL INC. 1.70% of their portfolio | 12.7m $232.4m | Reduced -121.1k |
| WELLS FARGO & COMPANY/MN 0.06% of their portfolio | 11.4m $210.0m | Reduced -726.8k |
| Legal & General Group Plc 0.07% of their portfolio | 10.2m $186.2m | Reduced -244.3k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 9.7m $178.3m | Added +250.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.27% of their portfolio | 9.3m $170.9m | Added +7.2m |
| ACADIAN ASSET MANAGEMENT LLC 0.75% of their portfolio | 9.3m $170.6m | Added +1.5m |
| Amundi 0.11% of their portfolio | 9.1m $206.5m | Added +294.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 8.7m $160.5m | Reduced -792.1k |
| Harding Loevner LP 0.88% of their portfolio | 8.4m $153.9m | Added +145.3k |
| LORD, ABBETT & CO. LLC 0.28% of their portfolio | 8.3m $152.8m | Added +8.0m |
| Swiss National Bank 0.10% of their portfolio | 7.6m $138.6m | Reduced -474.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.77% of their portfolio | 7.4m $136.3m | Added +6.8m |
| 1832 Asset Management L.P. 0.27% of their portfolio | 7.3m $133.4m | Reduced -231.4k |
| TD Waterhouse Canada Inc. 1.82% of their portfolio | 7.1m $175.6m | Added +128.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 6.4m $117.8m | Added +182.2k |
| Federation des caisses Desjardins du Quebec 1.28% of their portfolio | 6.3m $116.4m | Reduced -1.1m |
| Capital World Investors 0.02% of their portfolio | 6.2m $113.5m | Reduced -5.2m |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 6.1m $111.3m | Added +243.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 5.8m $107.2m | Added +343.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 5.5m $101.1m | Added +2.6m |
| Cardinal Capital Management, Inc. 5.46% of their portfolio | 5.5m $100.5m | Added +9.5k |
| Allianz Asset Management GmbH 0.20% of their portfolio | 5.3m $96.8m | Added +1.4m |
| MORGAN STANLEY 0.01% of their portfolio | 5.3m $96.8m | Reduced -212.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.51% of their portfolio | 5.2m $94.9m | Added +461.1k |
| AustralianSuper Pty Ltd 0.61% of their portfolio | 4.8m $88.8m | Added +33.1k |
| Invesco Ltd. 0.02% of their portfolio | 4.2m $76.3m | Reduced -222.0k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 4.0m $73.3m | Reduced -298.9k |
| Alberta Investment Management Corp 0.69% of their portfolio | 3.9m $71.2m | Reduced -1.4m |
| M&G INVESTMENT MANAGEMENT LTD 0.47% of their portfolio | 3.7m $66.9m | Reduced -303.2k |
| Public Sector Pension Investment Board 0.45% of their portfolio | 3.3m $59.6m | Added +2.8m |
| GUARDIAN CAPITAL LP 1.86% of their portfolio | 3.2m $58.2m | Reduced -109.3k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 3.1m $57.0m | Reduced -602.4k |
| CANADA LIFE ASSURANCE Co 0.13% of their portfolio | 3.0m $54.2m | Added +345.1k |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 2.8m $50.7m | Reduced -31.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.7m $49.5m | Added +249.0k |
| FIL Ltd 0.06% of their portfolio | 2.6m $48.6m | Added +633.4k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 2.6m $47.6m | Added +78.9k |
| Korea Investment CORP 0.13% of their portfolio | 2.5m $45.1m | Added +178.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.4m $44.7m | Reduced -49.7k |
| DekaBank Deutsche Girozentrale 0.10% of their portfolio | 2.3m $40.6m | Added +715.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.21% of their portfolio | 2.2m $40.8m | Reduced -37.7k |
| Galibier Capital Management Ltd. 9.05% of their portfolio | 2.1m $38.3m | Reduced -484.3k |
| CIDEL ASSET MANAGEMENT INC 1.74% of their portfolio | 2.1m $37.9m | Added +432.3k |
| PICTET ASSET MANAGEMENT SA 0.05% of their portfolio | 2.0m $36.6m | Added +243.5k |
| Triasima Portfolio Management inc. 2.79% of their portfolio | 1.8m $33.7m | New |
| Onex Canada Asset Management Inc. 1.83% of their portfolio | 1.8m $33.6m | Reduced -139.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 1.8m $33.1m | Added +51.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 1.8m $32.4m | Added +715.2k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.69% of their portfolio | 1.7m $31.7m | Reduced -60.3k |
| INTACT INVESTMENT MANAGEMENT INC. 1.29% of their portfolio | 1.7m $31.4m | Reduced -2.9m |
| Addenda Capital Inc. 1.63% of their portfolio | 1.6m $39.7m | Reduced -140.9k |
| Skandinaviska Enskilda Banken AB (publ) 0.20% of their portfolio | 1.6m $29.3m | Added +706.6k |
| BlackRock Inc. 0.00% of their portfolio | 1.6m $29.3m | Added +424.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.14% of their portfolio | 1.5m $28.1m | Added +645.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.5m $28.0m | Reduced -23.3k |
| Scheer, Rowlett & Associates Investment Management Ltd. 2.19% of their portfolio | 1.4m $26.5m | Added +34.6k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 1.2m $22.2m | New |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 1.2m $21.4m | Added +36.3k |
| Man Group plc 0.08% of their portfolio | 1.2m $21.3m | New |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 1.1m $20.4m | Added +182.9k |
| Heathbridge Capital Management Ltd. 8.59% of their portfolio | 1.1m $20.4m | Reduced -67.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio | 1.1m $20.3m | Reduced -3.7k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.1m $20.0m | Reduced -95.2k |
| PRUDENTIAL PLC 0.23% of their portfolio | 1.1m $20.0m | Added +52.7k |
| Hillsdale Investment Management Inc. 1.67% of their portfolio | 1.1m $19.5m | Added +505.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.30% of their portfolio | 1.0m $18.9m | Reduced -26.6k |
| Mn Services Vermogensbeheer B.V. 0.18% of their portfolio | 957.0k $17.5m | Added +29.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 956.8k $17.6m | Reduced -79.5k |
| FORSTA AP-FONDEN 0.20% of their portfolio | 906.4k $16.6m | Reduced -60.7k |
| Lombard Odier Asset Management (Switzerland) SA 2.65% of their portfolio | 906.3k $30.3m | Reduced -298.0k |
| FMR LLC 0.00% of their portfolio | 891.8k $16.4m | Added +480.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 884.4k $16.2m | Added +642.0k |
| Achmea Investment Management B.V. 0.44% of their portfolio | 828.7k $15.2m | Added +577.4k |
| UBS Group AG 0.01% of their portfolio | 810.7k $14.9m | Reduced -199.0k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 802.2k $14.7m | Reduced -53.7k |
| BANK OF NOVA SCOTIA TRUST CO 1.59% of their portfolio | 788.4k $14.5m | Added +12.6k |
| WADE G W & INC 0.51% of their portfolio | 723.8k $13.3m | Added +14.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 650.3k $11.9m | Reduced -31.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 638.0k $11.7m | Added +614.4k |
| CITIGROUP INC 0.02% of their portfolio | 634.3k $11.6m | Reduced -75.0k |
| USS Investment Management Ltd 0.16% of their portfolio | 621.9k $11.4m | Unchanged |
| ASSETMARK, INC 0.05% of their portfolio | 600.1k $11.0m | Added +29.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 594.0k $10.9m | Reduced -8.2k |
| AXA S.A. 0.04% of their portfolio | 592.1k $10.9m | Added +208.9k |
| DORCHESTER WEALTH MANAGEMENT Co 1.95% of their portfolio | 520.3k $9.5m | Added +10.0k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 496.5k $9.1m | Added +563 |