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 ($524.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.67. Options: 21 managers hold calls ($197.3m notional), 22 hold puts ($538.7m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 499 |
| Q4 2022 | 507 |
| Q1 2023 | 529 |
| Q2 2023 | 538 |
| Q3 2023 | 542 |
| Q4 2023 | 595 |
| Q1 2024 | 633 |
| Q2 2024 | 641 |
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 |
| Q2 2023 | 243 | 201 |
| Q3 2023 | 234 | 211 |
| Q4 2023 | 244 | 213 |
| Q1 2024 | 278 | 237 |
| Q2 2024 | 262 | 259 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $161.7m | $339.5m | 2.10 |
| Q4 2023 | $225.3m | $405.8m | 1.80 |
| Q1 2024 | $232.8m | $420.1m | 1.80 |
| Q2 2024 | $197.3m | $538.7m | 2.73 |
Biggest buyers
| FIL Ltd | Added | +13.1m |
| Federation des caisses Desjardins du Quebec | Added | +10.7m |
| Harding Loevner LP | Added | +8.4m |
| 1832 Asset Management L.P. | Added | +5.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +5.0m |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +4.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +3.3m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +2.9m |
| ROYAL BANK OF CANADA | Added | +2.0m |
| Zurich Insurance Group Ltd/FI | New | +1.3m |
Biggest sellers
| MORGAN STANLEY | Reduced | -15.7m |
| BANK OF MONTREAL /CAN/ | Reduced | -15.1m |
| Sumitomo Mitsui Trust Group, Inc. | Sold out | -5.3m |
| HSBC HOLDINGS PLC | Reduced | -5.0m |
| BANK OF NOVA SCOTIA | Reduced | -4.2m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -4.1m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Sold out | -2.3m |
| Allianz Asset Management GmbH | Reduced | -2.1m |
| Beutel, Goodman & Co Ltd. | Reduced | -1.6m |
| LETKO, BROSSEAU & ASSOCIATES INC | Reduced | -1.5m |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $31.0m1.2m shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $28.0m1.1m shares |
| CIBC WORLD MARKET INC. | Reduced | $27.0m1.0m shares |
| BANK OF MONTREAL /CAN/ | Reduced | $25.4m958.6k shares |
| D. E. Shaw & Co., Inc. | Reduced | $17.3m650.0k shares |
| ROYAL BANK OF CANADA | Reduced | $16.3m612.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $12.8m350.9k shares |
| SIG North Trading, ULC | Reduced | $11.7m437.7k shares |
| UBS Group AG | Unchanged | $8.0m300.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.1m229.2k shares |
Biggest puts
| ROYAL BANK OF CANADA | Added | $156.3m5.9m shares |
| JANE STREET GROUP, LLC | Added | $122.0m4.6m shares |
| CIBC WORLD MARKET INC. | Added | $68.1m2.6m shares |
| D. E. Shaw & Co., Inc. | Added | $58.3m2.2m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $45.6m1.3m shares |
| SIG North Trading, ULC | Added | $39.9m1.5m shares |
| DeepCurrents Investment Group LLC | New | $14.2m5.3k shares |
| UBS Group AG | Unchanged | $8.0m300.0k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $7.9m300.0k shares |
| Twin Tree Management, LP | Added | $5.7m214.4k 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 Q2 2024
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 Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 1.03% of their portfolio | 160.7m $4.3bn | Added +2.0m |
| VANGUARD GROUP INC 0.04% of their portfolio | 73.3m $2.0bn | Added +969.8k |
| BANK OF MONTREAL /CAN/ 0.42% of their portfolio | 53.1m $1.4bn | Reduced -15.1m |
| TD Asset Management Inc 0.85% of their portfolio | 34.2m $909.7m | Reduced -427.4k |
| FIL Ltd 0.76% of their portfolio | 28.8m $767.3m | Added +13.1m |
| CIBC WORLD MARKET INC. 1.69% of their portfolio | 25.6m $682.2m | Added +1.3m |
| MACKENZIE FINANCIAL CORP 1.01% of their portfolio | 25.5m $679.2m | Reduced -1.0m |
| NATIONAL BANK OF CANADA /FI/ 1.02% of their portfolio | 24.7m $654.0m | Reduced -4.1m |
| CIBC Asset Management Inc 2.29% of their portfolio | 24.2m $643.5m | Reduced -23.5k |
| TORONTO DOMINION BANK 1.03% of their portfolio | 24.1m $640.4m | Added +750.4k |
| NORGES BANK 0.09% of their portfolio | 21.4m $569.6m | Reduced -62.9k |
| Beutel, Goodman & Co Ltd. 3.03% of their portfolio | 21.4m $569.2m | Reduced -1.6m |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 20.0m $532.6m | Reduced -201.5k |
| 1832 Asset Management L.P. 0.95% of their portfolio | 19.7m $525.0m | Added +5.0m |
| JARISLOWSKY, FRASER Ltd 3.00% of their portfolio | 18.6m $494.2m | Reduced -1.4m |
| Federation des caisses Desjardins du Quebec 2.35% of their portfolio | 16.2m $437.1m | Added +10.7m |
| BANK OF NOVA SCOTIA 0.85% of their portfolio | 16.2m $430.8m | Reduced -4.2m |
| Connor, Clark & Lunn Investment Management Ltd. 1.40% of their portfolio | 12.5m $333.1m | Added +4.4m |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 12.5m $331.5m | Added +425.9k |
| Legal & General Group Plc 0.09% of their portfolio | 11.7m $311.3m | Added +38.9k |
| SCOTIA CAPITAL INC. 1.79% of their portfolio | 11.5m $305.6m | Reduced -174.1k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 9.9m $264.7m | Reduced -82.2k |
| Harding Loevner LP 1.42% of their portfolio | 9.7m $257.9m | Added +8.4m |
| LETKO, BROSSEAU & ASSOCIATES INC 4.72% of their portfolio | 9.3m $248.7m | Reduced -1.5m |
| Amundi 0.11% of their portfolio | 9.2m $289.3m | Reduced -1.5m |
| LORD, ABBETT & CO. LLC 0.40% of their portfolio | 9.0m $239.9m | Added +289.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 8.5m $226.9m | Reduced -450.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 7.8m $207.3m | Reduced -830.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 7.7m $206.3m | Added +339.3k |
| MORGAN STANLEY 0.02% of their portfolio | 7.6m $203.4m | Reduced -15.7m |
| Capital World Investors 0.03% of their portfolio | 7.4m $198.2m | Added +1.3m |
| TD Waterhouse Canada Inc. 1.69% of their portfolio | 7.1m $188.1m | Reduced -100.6k |
| AustralianSuper Pty Ltd 0.88% of their portfolio | 5.7m $151.9m | Reduced -200.1k |
| Swiss National Bank 0.10% of their portfolio | 5.4m $143.8m | Reduced -52.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.14% of their portfolio | 5.4m $143.1m | Reduced -100.6k |
| Alberta Investment Management Corp 1.45% of their portfolio | 5.1m $136.9m | Added +960.3k |
| Cardinal Capital Management, Inc. 5.22% of their portfolio | 5.1m $135.7m | Reduced -91.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 5.0m $133.9m | New |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.43% of their portfolio | 4.7m $126.4m | Reduced -5.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.32% of their portfolio | 3.9m $105.0m | Added +2.9m |
| Skandinaviska Enskilda Banken AB (publ) 0.34% of their portfolio | 3.6m $70.0m | Reduced -1.3m |
| Invesco Ltd. 0.02% of their portfolio | 3.6m $95.5m | Reduced -81.7k |
| INTACT INVESTMENT MANAGEMENT INC. 3.51% of their portfolio | 3.5m $94.0m | Reduced -104.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 3.3m $87.5m | New |
| CANADA LIFE ASSURANCE Co 0.16% of their portfolio | 3.2m $85.0m | Reduced -53.3k |
| Man Group plc 0.20% of their portfolio | 2.9m $77.7m | Reduced -655.4k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 2.9m $77.0m | Added +330.1k |
| M&G PLC 0.45% of their portfolio | 2.8m $75.9m | Reduced -195.5k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.6m $68.2m | Reduced -258.7k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 2.3m $61.3m | Reduced -7.6k |
| DekaBank Deutsche Girozentrale 0.10% of their portfolio | 2.1m $56.7m | Added +56.7k |
| AVIVA PLC 0.15% of their portfolio | 2.1m $54.8m | Added +378.5k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 2.0m $53.8m | Reduced -2.1m |
| Clearbridge Investments, LLC 0.04% of their portfolio | 2.0m $53.6m | Reduced -70.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 2.0m $53.1m | Reduced -30.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.9m $51.4m | Reduced -71.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.7m $45.5m | Added +519.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.7m $44.7m | Reduced -74.1k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 1.6m $43.4m | Reduced -3.5k |
| Triasima Portfolio Management inc. 3.85% of their portfolio | 1.6m $42.1m | Added +455.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.13% of their portfolio | 1.5m $40.7m | Added +276.8k |
| AGF MANAGEMENT LTD 0.28% of their portfolio | 1.5m $51.0m | Reduced -180.6k |
| Addenda Capital Inc. 2.11% of their portfolio | 1.5m $53.8m | Reduced -46.3k |
| AXA S.A. 0.06% of their portfolio | 1.4m $37.1m | Added +476.7k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 4.50% of their portfolio | 1.4m $37.1m | Reduced -96.0k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 1.4m $36.7m | Reduced -76.2k |
| Scheer, Rowlett & Associates Investment Management Ltd. 2.79% of their portfolio | 1.4m $36.4m | Reduced -5.3k |
| Zurich Insurance Group Ltd/FI 0.31% of their portfolio | 1.3m $35.8m | New |
| BlackRock Inc. 0.00% of their portfolio | 1.3m $35.3m | Reduced -179.3k |
| GUARDIAN CAPITAL LP 1.31% of their portfolio | 1.3m $34.8m | Reduced -84.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.3m $33.4m | Reduced -98.9k |
| Korea Investment CORP 0.08% of their portfolio | 1.2m $31.9m | Reduced -564.8k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.33% of their portfolio | 1.2m $31.6m | Added +8.2k |
| Caisse de depot et placement du Quebec 0.08% of their portfolio | 1.2m $31.2m | New |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.19% of their portfolio | 1.2m $30.9m | Added +1.1m |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 1.1m $29.0m | Reduced -431.5k |
| UBS Group AG 0.01% of their portfolio | 1.1m $28.6m | Added +27.1k |
| State of Tennessee, Department of Treasury 0.10% of their portfolio | 1.0m $27.8m | Reduced -15.1k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 998.5k $26.6m | Reduced -116.9k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 957.8k $25.5m | Reduced -1.1m |
| MUFG SECURITIES (CANADA), LTD. 1.67% of their portfolio | 950.5k $25.3m | Added +949.5k |
| Achmea Investment Management B.V. 0.44% of their portfolio | 922.0k $24.5m | Reduced -57.5k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.55% of their portfolio | 900.0k $24.0m | Added +568.3k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 888.4k $24.0m | Reduced -692.4k |
| Galibier Capital Management Ltd. 5.86% of their portfolio | 884.3k $23.5m | Reduced -220.4k |
| BANK OF NOVA SCOTIA TRUST CO 2.34% of their portfolio | 788.3k $21.0m | Reduced -19.6k |
| CITIGROUP INC 0.02% of their portfolio | 788.0k $21.0m | Added +76.0k |
| Focus Partners Wealth 0.07% of their portfolio | 745.5k $19.8m | Reduced -4.0k |
| Mn Services Vermogensbeheer B.V. 0.14% of their portfolio | 709.8k $18.9m | Reduced -20.6k |
| Varma Mutual Pension Insurance Co 0.15% of their portfolio | 681.4k $18.1m | Reduced -95.7k |
| Hillsdale Investment Management Inc. 1.42% of their portfolio | 677.0k $18.0m | Reduced -457.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio | 665.5k $17.7m | Reduced -217.4k |
| Heathbridge Capital Management Ltd. 7.33% of their portfolio | 650.4k $17.3m | Reduced -48.7k |
| USS Investment Management Ltd 0.13% of their portfolio | 595.1k $15.9m | Added +4.9k |
| Waratah Capital Advisors Ltd. 0.95% of their portfolio | 589.0k $15.7m | Added +80.6k |
| ASSETMARK, INC 0.05% of their portfolio | 571.0k $15.2m | Added +3.2k |
| LPL Financial LLC 0.01% of their portfolio | 547.5k $14.6m | Added +64.9k |
| Bridgewater Associates, LP 0.07% of their portfolio | 520.9k $13.9m | New |
| Dixon Mitchell Investment Counsel Inc. 0.68% of their portfolio | 509.5k $13.6m | Added +14.6k |
| Lombard Odier Asset Management (Europe) Ltd 0.65% of their portfolio | 500.0k $13.3m | New |