Vault-13

SHAW COMMUNICATIONS INC

CL B CONV · Common Stock · CUSIP 82028K200 · ISIN CA82028K2002

227 institutional holders -9 vs Q4 2022
280,429,891280.4m shares reported held*
$8.4bnreported value*
30 new 86 added 87 reduced 37 sold out net bought ≈ $74.3m (+2.2m shares)

* 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 ($31.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.10. Options: 13 managers hold calls ($39.6m notional), 18 hold puts ($57.2m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 226Q4 22: 236Q1 23: 227227Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022226
Q4 2022236
Q1 2023227

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 123 bought or addedQ4 22: 108 cut or sold outQ4 22Q1 23: 116 bought or addedQ1 23: 124 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022123108
Q1 2023116124

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150m$200mQ3 22 calls: $7.5mQ3 22 puts: $50.8mQ3 22P/C 6.74Q4 22 calls: $44.0mQ4 22 puts: $197.2mQ4 22P/C 4.48Q1 23 calls: $39.6mQ1 23 puts: $57.2mQ1 23P/C 1.44
Numbers
QuarterCallsPutsP/C
Q3 2022$7.5m$50.8m6.74
Q4 2022$44.0m$197.2m4.48
Q1 2023$39.6m$57.2m1.44

Biggest buyers

MORGAN STANLEY Added +10,828,888+10.8m
FARALLON CAPITAL MANAGEMENT, L.L.C. Added +6,315,000+6.3m
BANK OF AMERICA CORP /DE/ Added +3,463,394+3.5m
D. E. Shaw & Co., Inc. Added +2,889,621+2.9m
FIL Ltd Added +2,823,743+2.8m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Added +2,704,608+2.7m
Pentwater Capital Management LP Added +2,548,000+2.5m
Davidson Kempner Capital Management LP Added +2,529,300+2.5m
Twin Securities, Inc. Added +2,158,256+2.2m
GLAZER CAPITAL, LLC New +2,000,000+2.0m

Biggest sellers

ROYAL BANK OF CANADA Reduced -11,165,838-11.2m
BANK OF MONTREAL /CAN/ Reduced -7,216,093-7.2m
Segantii Capital Management Ltd Sold out -4,890,000-4.9m
FMR LLC Reduced -2,281,582-2.3m
MACKENZIE FINANCIAL CORP Reduced -2,155,893-2.2m
Balyasny Asset Management L.P. Reduced -2,025,746-2.0m
CANYON CAPITAL ADVISORS LLC Sold out -1,803,666-1.8m
MILLENNIUM MANAGEMENT LLC Reduced -1,563,775-1.6m
LETKO, BROSSEAU & ASSOCIATES INC Sold out -1,495,183-1.5m
GEODE CAPITAL MANAGEMENT, LLC Sold out -1,466,764-1.5m

Biggest calls

CITADEL ADVISORS LLC Reduced $11.3m378.6k shares
Maven Securities LTD Added $9.6m321.8k shares
SIG North Trading, ULC Reduced $7.8m260.6k shares
JANE STREET GROUP, LLC Reduced $4.1m137.4k shares
Walleye Trading LLC New $4.0m135.1k shares
GROUP ONE TRADING LLC Reduced $1.8m59.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $586.2k19.6k shares
Sea Otter Advisors LLC New $299.1k10.0k shares
BLUEFIN CAPITAL MANAGEMENT, LLC Reduced $5.3k42.7k shares
HAP Trading, LLC Reduced $4.0k41.4k shares

Biggest puts

Maven Securities LTD Reduced $24.1m804.1k shares
Balyasny Asset Management L.P. Added $13.1m325.0k shares
SIG North Trading, ULC Reduced $4.0m132.1k shares
Walleye Trading LLC New $3.5m115.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m89.4k shares
Shay Capital LLC Added $2.5m84.0k shares
CITADEL ADVISORS LLC Reduced $2.1m70.7k shares
GROUP ONE TRADING LLC Reduced $1.5m51.3k shares
BOOTHBAY FUND MANAGEMENT, LLC Reduced $1.3m42.4k shares
SUMMIT SECURITIES GROUP LLC New $634.0k21.2k 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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 30,938,51030.9m $925.4m $925.4m 0.10% Added +10.8m +10,828,888
2 FIL Ltd 0.59% of their portfolio HAMILTON, D0 17,132,34017.1m $512.6m $512.6m 0.59% Added +2.8m +2,823,743
3 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 17,117,14517.1m $512.0m $512.0m 0.06% Added +3.5m +3,463,394
4 FARALLON CAPITAL MANAGEMENT, L.L.C. 2.87% of their portfolio SAN FRANCISCO, CA 15,800,00015.8m $472.8m $472.8m 2.87% Added +6.3m +6,315,000
5 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 15,186,51415.2m $454.2m $454.2m 0.01% Reduced -534.9k -534,865
6 Pentwater Capital Management LP 5.30% of their portfolio Naples, FL 10,679,24110.7m $319.2m $319.2m 5.30% Added +2.5m +2,548,000
7 MILLENNIUM MANAGEMENT LLC 0.27% of their portfolio NEW YORK, NY 7,915,0547.9m $236.5m $236.5m 0.27% Reduced -1.6m -1,563,775
8 BANK OF NOVA SCOTIA 0.65% of their portfolio TORONTO, A6 7,355,7517.4m $220.1m $220.1m 0.65% Added +21.0k +20,957
9 HSBC HOLDINGS PLC 0.28% of their portfolio LONDON, X0 7,315,1017.3m $218.5m $218.5m 0.28% Added +742.3k +742,330
10 TORONTO DOMINION BANK 0.41% of their portfolio TORONTO, ONTARIO, A6 7,138,0767.1m $251.7m $251.7m 0.41% Added +128.5k +128,496
11 BANK OF MONTREAL /CAN/ 0.09% of their portfolio TORONTO, A6 6,879,0046.9m $205.9m $205.9m 0.09% Reduced -7.2m -7,216,093
12 TD Asset Management Inc 0.22% of their portfolio Toronto, A6 6,185,1946.2m $184.8m $184.8m 0.22% Reduced -318.7k -318,737
13 DAVIDSON KEMPNER PARTNERS 4.07% of their portfolio New York, NY 5,466,4955.5m $163.6m $163.6m 4.07% First filing
14 Davidson Kempner Capital Management LP 3.41% of their portfolio New York, NY 5,466,4955.5m $163.6m $163.6m 3.41% Added +2.5m +2,529,300
15 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 5,188,3095.2m $155.2m $155.2m 0.02% Reduced -591.4k -591,356
16 NORGES BANK 0.03% of their portfolio OSLO, Q8 5,106,3775.1m $152.8m $152.8m 0.03% Reduced -419.8k -419,764
17 D. E. Shaw & Co., Inc. 0.24% of their portfolio New York, NY 5,072,2535.1m $151.8m $151.8m 0.24% Added +2.9m +2,889,621
18 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 5,018,5025.0m $150.1m $150.1m 0.04% Reduced -11.2m -11,165,838
19 CIBC WORLD MARKET INC. 0.52% of their portfolio TORONTO, A6 4,850,1964.9m $145.1m $145.1m 0.52% Added +722.2k +722,249
20 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.31% of their portfolio Boston, MA 4,592,6304.6m $137.4m $137.4m 0.31% Added +639.4k +639,396
21 Connor, Clark & Lunn Investment Management Ltd. 0.67% of their portfolio VANCOUVER, A1 4,113,1414.1m $123.1m $123.1m 0.67% Reduced -393.9k -393,898
22 Taconic Capital Advisors LP 7.47% of their portfolio NEW YORK, NY 4,043,8184.0m $120.9m $120.9m 7.47% Added +2.0m +1,968,818
23 Sand Grove Capital Management LLP 16.13% of their portfolio LONDON, X0 3,503,5043.5m $104.8m $104.8m 16.13% Added +12.6k +12,622
24 MACKENZIE FINANCIAL CORP 0.16% of their portfolio TORONTO ONTARIO, A6 3,334,6003.3m $99.8m $99.8m 0.16% Reduced -2.2m -2,155,893
25 NATIONAL BANK OF CANADA /FI/ 0.27% of their portfolio MONTREAL, A8 3,302,5533.3m $98.8m $98.8m 0.27% Reduced -434.5k -434,471
26 Magnetar Financial LLC 1.78% of their portfolio EVANSTON, IL 3,049,4073.0m $91.2m $91.2m 1.78% Added +54.0k +54,004
27 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.88% of their portfolio VICTORIA, A1 2,831,0542.8m $84.7m $84.7m 0.88% Added +2.7m +2,704,608
28 P SCHOENFELD ASSET MANAGEMENT LP 8.74% of their portfolio NEW YORK, NY 2,775,0002.8m $83.0m $83.0m 8.74% Added +738.3k +738,253
29 Twin Securities, Inc. 41.95% of their portfolio New York, NY 2,541,6562.5m $76.0m $76.0m 41.95% Added +2.2m +2,158,256
30 Legal & General Group Plc 0.02% of their portfolio London, X0 2,249,5002.2m $67.2m $67.2m 0.02% Reduced -27.5k -27,524
31 Samson Rock Capital LLP 34.15% of their portfolio LONDON, X0 2,224,4002.2m $66.6m $66.6m 34.15% Added +1.6m +1,599,400
32 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,160,6932.2m $64.6m $64.6m 0.02% Added +1.7m +1,734,092
33 CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio TORONTO ONTARIO, A6 2,154,6652.2m $64.4m $64.4m 0.10% Added +583.2k +583,230
34 NewGen Asset Management Ltd 29.30% of their portfolio TORONTO, A6 2,022,7002.0m $60.5m $60.5m 29.30% Added +712.4k +712,400
35 GLAZER CAPITAL, LLC 3.28% of their portfolio New York, NY 2,000,0002.0m $59.9m $59.9m 3.28% New
36 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 1,941,5001.9m $58.1m $58.1m 0.08% Added +103.3k +103,300
37 FMR LLC 0.00% of their portfolio BOSTON, MA 1,935,6381.9m $57.9m $57.9m 0.00% Reduced -2.3m -2,281,582
38 Swiss National Bank 0.04% of their portfolio ZURICH, V8 1,916,6001.9m $57.3m $57.3m 0.04% Reduced -94.9k -94,900
39 MONTRUSCO BOLTON INVESTMENTS INC. 1.13% of their portfolio MONTREAL, A8 1,830,0411.8m $54.7m $54.7m 1.13% Reduced -447.2k -447,171
40 PAULSON & CO. INC. 4.10% of their portfolio JERSEY CITY, NJ 1,650,0001.6m $49.4m $49.4m 4.10% New
41 WATER ISLAND CAPITAL LLC 3.55% of their portfolio NEW YORK, NY 1,461,5591.5m $43.7m $43.7m 3.55% Added +578.3k +578,337
42 LMR Partners LLP 0.80% of their portfolio LONDON, X0 1,443,5501.4m $43.2m $43.2m 0.80% Unchanged
43 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 1,391,9331.4m $41.6m $41.6m 0.05% Reduced -122.4k -122,407
44 Westchester Capital Management, LLC 1.31% of their portfolio VALHALLA, NY 1,379,0271.4m $41.2m $41.2m 1.31% Reduced -1.3m -1,311,543
45 Hudson Bay Capital Management LP 0.24% of their portfolio STAMFORD, CT 1,366,9771.4m $40.9m $40.9m 0.24% Added +591.5k +591,550
46 Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio CHIYODA-KU, TOKYO, M0 1,302,1511.3m $38.9m $38.9m 0.03% Reduced -177.2k -177,210
47 CREDIT SUISSE AG/ 0.04% of their portfolio ZURICH, V8 1,274,5021.3m $38.1m $38.1m 0.04% Reduced -37.8k -37,788
48 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,216,5101.2m $36.4m $36.4m 0.01% Reduced -12.9k -12,939
49 Burgundy Asset Management Ltd. 0.43% of their portfolio Toronto, A6 1,173,5261.2m $35.1m $35.1m 0.43% Reduced -59.8k -59,766
50 TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio NEW YORK, NY 1,148,8511.1m $34.4m $34.4m 0.10% Reduced -407.9k -407,937
51 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 1,135,2941.1m $34.0m $34.0m 0.02% Reduced -44.7k -44,651
52 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 1,070,7581.1m $32.0m $32.0m 0.01% Reduced -311.9k -311,947
53 Nekton Capital Ltd. 5.00% of their portfolio LONDON, X0 1,002,0631.0m $30.0m $30.0m 5.00% Added +247.2k +247,169
54 Alberta Investment Management Corp 0.27% of their portfolio EDMONTON, A0 921,080921.1k $27.5m $27.5m 0.27% Reduced -441.9k -441,898
55 SCOTIA CAPITAL INC. 0.19% of their portfolio TORONTO, A6 857,576857.6k $25.6m $25.6m 0.19% Added +433.9k +433,904
56 HARVEST MANAGEMENT LLC 18.27% of their portfolio New York, NY 672,300672.3k $20.1m $20.1m 18.27% Added +510.6k +510,600
57 DekaBank Deutsche Girozentrale 0.05% of their portfolio FRANKFURT, 2M 647,148647.1k $19.0m $19.0m 0.05% Added +1.6k +1,554
58 Cinctive Capital Management LP 0.70% of their portfolio New York, NY 629,300629.3k $18.8m $18.8m 0.70% New
59 Amundi 0.01% of their portfolio Paris, I0 626,867626.9k $18.9m $18.9m 0.01% Reduced -25.7k -25,742
60 OMERS ADMINISTRATION Corp 0.29% of their portfolio TORONTO, A6 625,400625.4k $18.7m $18.7m 0.29% Added +255.0k +255,000
61 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.11% of their portfolio TORONTO, A6 625,000625.0k $18.7m $18.7m 0.11% Reduced -255.0k -255,000
62 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 541,338541.3k $16.2m $16.2m 0.00% Added +10.0k +9,975
63 STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio MADISON, WI 524,543524.5k $15.7m $15.7m 0.05% Added +191.1k +191,109
64 BARDIN HILL MANAGEMENT PARTNERS LP 3.87% of their portfolio NEW YORK, NY 522,073522.1k $15.6m $15.6m 3.87% Reduced -192.4k -192,400
65 NATIXIS 0.14% of their portfolio PARIS, I0 509,832509.8k $15.2m $15.2m 0.14% Reduced -22.2k -22,170
66 Arena Investors LP 11.71% of their portfolio PURCHASE, NY 468,700468.7k $14.0m $14.0m 11.71% Added +103.8k +103,800
67 CANADA LIFE ASSURANCE Co 0.03% of their portfolio WINNIPEG, A2 453,570453.6k $13.6m $13.6m 0.03% Added +4.4k +4,410
68 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 452,076452.1k $13.5m $13.5m 0.01% Added +25.1k +25,068
69 BlackRock Inc. 0.00% of their portfolio New York, NY 447,229447.2k $13.4m $13.4m 0.00% Reduced -3.5k -3,464
70 CIBC Asset Management Inc 0.05% of their portfolio TORONTO, Z4 436,185436.2k $13.0m $13.0m 0.05% Reduced -654.3k -654,266
71 M&G INVESTMENT MANAGEMENT LTD 0.09% of their portfolio London, X0 426,150426.1k $12.6m $12.6m 0.09% Reduced -2.3k -2,303
72 Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio Boston, MA 416,505416.5k $12.4m $12.4m 0.06% Reduced -408.7k -408,722
73 Addenda Capital Inc. 0.68% of their portfolio MONTREAL, A8 409,081409.1k $16.5m $16.5m 0.68% Reduced -130.0k -130,033
74 Murchinson Ltd. 2.28% of their portfolio TORONTO, A6 406,134406.1k $12.0m $12.0m 2.28% Added +56.1k +56,134
75 ANGELO GORDON & CO., L.P. 3.42% of their portfolio NEW YORK, NY 400,000400.0k $12.0m $12.0m 3.42% Reduced -45.0k -45,000
76 Trium Capital LLP 4.70% of their portfolio LONDON, X0 371,873371.9k $11.1m $11.1m 4.70% Added +49.8k +49,825
77 Anson Funds Management LP 1.51% of their portfolio DALLAS, TX 357,440357.4k $10.7m $10.7m 1.51% Added +333.7k +333,720
78 BCK CAPITAL MANAGEMENT LP 9.18% of their portfolio STAMFORD, CT 352,774352.8k $10.6m $10.6m 9.18% Added +207.2k +207,238
79 Maven Securities LTD 1.65% of their portfolio ST HELIER, Y9 352,700352.7k $10.5m $10.5m 1.65% Reduced -648.1k -648,061
80 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 337,197337.2k $10.1m $10.1m 0.05% Added +129.4k +129,414
81 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 332,262332.3k $9.9m $9.9m 0.01% Added +211.6k +211,643
82 Candriam S.C.A. 0.06% of their portfolio STRASSEN, N4 313,241313.2k $8.6m $8.6m 0.06% Added +227.7k +227,650
83 FORSTA AP-FONDEN 0.11% of their portfolio STOCKHOLM, V7 305,000305.0k $9.1m $9.1m 0.11% Added +158.1k +158,100
84 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 302,401302.4k $9.0m $9.0m 0.02% Reduced -761.3k -761,344
85 Weiss Asset Management LP 0.71% of their portfolio BOSTON, MA 300,469300.5k $9.0m $9.0m 0.71% New
86 Federation des caisses Desjardins du Quebec 0.12% of their portfolio LEVIS, A8 289,961290.0k $11.2m $11.2m 0.12% Reduced -117.4k -117,429
87 GABELLI FUNDS LLC 0.06% of their portfolio Rye, NY 285,500285.5k $8.5m $8.5m 0.06% Reduced -186.0k -186,000
88 Yakira Capital Management, Inc. 2.13% of their portfolio Westport, CT 279,500279.5k $8.4m $8.4m 2.13% Added +142.5k +142,500
89 One68 Global Capital, LLC 14.71% of their portfolio NEW YORK, NY 272,245272.2k $10.3m $10.3m 14.71% Added +85.6k +85,584
90 PRUDENTIAL PLC 0.09% of their portfolio LONDON, X0 267,882267.9k $8.0m $8.0m 0.09% Added +5.5k +5,487
91 PRELUDE CAPITAL MANAGEMENT, LLC 0.53% of their portfolio NEW YORK, NY 261,143261.1k $7.8m $7.8m 0.53% Reduced -15.5k -15,457
92 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 234,849234.8k $7.0m $7.0m 0.01% Added +108.9k +108,941
93 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 234,177234.2k $7.0m $7.0m 0.01% Reduced -36.6k -36,552
94 BOOTHBAY FUND MANAGEMENT, LLC 0.18% of their portfolio NEW YORK, NY 229,465229.5k $6.9m $6.9m 0.18% Reduced -296.5k -296,512
95 Hunting Hill Global Capital, LLC 7.80% of their portfolio New York, NY 226,425226.4k $6.8m $6.8m 7.80% Added +187.4k +187,425
96 JARISLOWSKY, FRASER Ltd 0.04% of their portfolio MONTREAL, A8 219,319219.3k $6.6m $6.6m 0.04% Reduced -1.0k -1,046
97 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 210,460210.5k $6.3m $6.3m 0.01% Added +24.9k +24,913
98 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 202,422202.4k $6.1m $6.1m 0.00% Reduced -2.1k -2,069
99 Crystalline Management Inc. 5.05% of their portfolio Montreal, Quebec, Z4 165,000165.0k $6.5m $6.5m 5.05% New
100 PICTET ASSET MANAGEMENT SA 0.01% of their portfolio GENEVA 73, V8 164,557164.6k $4.9m $4.9m 0.01% Added +485 +485