BCE Inc T.BCE

Morning Star December Institution Holding Report

[ckwong]

December is an interesting month for BCE. Morning Star reported 4 institutions have action. A total of 194K shares bought and 54K sold. No mass exit.

Please note that the "BMO Capital Markets Corp." and "Bank of Montreal" entry seems to be duplicated.

Institution	% Total	Total	Date
	Outstanding Shares Held	% of AUM		Shares Held	Shares changed	Change%
Royal Bank of Canada	5.51	0.36	30-Sep-24	50,279,300	305332	0.61%
BMO Capital Markets Corp.	3.74	0.53	30-Sep-24	34,113,580	-3414292	9.10%
Bank of Montreal	3.74	0.53	30-Sep-24	34,113,580	-3414292	9.10%
Fidelity International Ltd	2.63	0.76	30-Sep-24	23,970,309	3186761	15.33%
CIBC World Markets Inc.	2.33	1.54	30-Sep-24	21,299,816	-1609601	7.03%
Caisse De Depot Et Placement Du Quebec	1.83	1.16	30-Sep-24	16,737,289	0	0.00%
Bank of Nova Scotia	1.79	1.14	30-Sep-24	16,320,846	654486	4.18%
Vanguard Group Inc	1.7	0.01	30-Sep-24	15,466,993	392385	2.60%
RBC Global Asset Management Inc.	1.67	22.18	31-Dec-24	15,252,438	149019	0.00%
Fidelity Institutional Asset Management	1.53	14.94	31-Dec-24	13,928,655	45174	0.00%
BlackRock Asset Management Canada Ltd	1.42	16	31-Dec-24	12,971,845	-54397	0.00%
BMO Asset Management Inc	1.19	17.36	31-Dec-24	10,876,426	926837	0.00%
TD Asset Management Inc	1.18	0.33	30-Sep-24	10,756,094	-93087	0.86%
Scotia Capital Inc	0.91	1.55	30-Sep-24	8,321,718	-208132	2.44%
The Toronto-Dominion Bank	0.86	0.48	30-Sep-24	7,862,807	-588003	6.96%
Bank of America Corp	0.7	0.02	30-Sep-24	6,430,223	484347	8.15%
Morgan Stanley - Brokerage Accounts	0.65	0.02	30-Sep-24	5,965,895	-1120457	15.81%
Charles Schwab Investment Management Inc	0.64	0.04	30-Sep-24	5,860,184	-8529	0.15%
Federation des caisses Desjardins du Quebec	0.62	0.97	30-Sep-24	5,653,458	-2260828	28.57%
Cullen Capital Management, LLC	0.62	2.14	30-Sep-24	5,639,032	756621	15.50%
Total (for Top 20)	35.28			321,820,488	-5,870,656

[Toppicks1]

No mass exit.... you loose your job as a fund manager when you take big losses.... you know they own it much higher...... do they like it heck no.... if they sell their azz is at risk... hopefully their other positions hide the bad investment here..... so Febuary 6th.... wonder what happens.... divi cut 60%..." stock drop 5$.... maybe buying op... for swing.   My wag....

[Ocalaman]

Wow, youre more aggressive than me when it comes to dividend cut , considering the deteriation of debt position year over year (2022 ST and LT 31.9 B4, 2023 36.1 B$ 2024 40.1 B$ ) in 2025 they have 7.5B$ due sometime this year.They lost thier investment grade rating at Moody's in 2024 so renegotiation of 7.5B$  wont be pretty, it represents 19% of thier total debt outstanding .  If