Mufg Securities Canada Cuts Suncor Stock Stake by 178,528 Shares
Mufg Securities Canada LTD. cut its suncor stock position by 8.9% in the fourth quarter after selling 178,528 shares. The firm still held 1,829,078 shares after the sale, leaving it with an $81,201,000 stake. Suncor also remained a meaningful slice of the portfolio, accounting for 2.3% of holdings and ranking as the 17th largest position.
Mufg’s 1.8 Million-Shares Position
1,829,078 shares remained on the books after the trim, equal to about 0.15% of Suncor Energy. That size leaves Mufg with one of the more visible institutional positions in the name, even after the reduction. The move did not erase the holding; it reduced it.
8.9% is the change that matters most in the filing. Mufg sold 178,528 shares in the quarter, which takes the position from a larger base to a smaller one while keeping Suncor inside the firm’s top holdings list. For shareholders watching ownership flows, the filing shows a portfolio shift rather than a full exit.
Suncor’s $72.69 Billion Scale
$72.69 billion was Suncor Energy’s market cap when its shares opened at $61.56 on Monday. The stock’s 16.16 price-to-earnings ratio and 0.27 beta place it in a low-volatility profile relative to the broader market. Its 50-day simple moving average stands at $64.94, above the opening price, while the 200-day simple moving average is $56.45.
67.37% of Suncor stock is owned by hedge funds and other institutional investors, so Mufg’s trim sits inside a wider institutional ownership base. That ownership backdrop helps explain why moves like this get attention: they show how large holders are rebalancing around the same name, not just whether one firm is buying or selling.
Other Holders Added Shares
15,530,965 shares were held by Fisher Asset Management LLC after it increased its stake by 85.5% in the third quarter, adding 7,158,953 shares. Arrowstreet Capital Limited Partnership owned 13,335,239 shares after a 62.2% increase and 5,113,280 additional shares. Those are materially larger positions than Mufg’s, which puts the Canadian firm’s trim in context rather than isolation.
2,289,219 shares were held by Healthcare of Ontario Pension Plan Trust Fund after a 5,468.8% increase in the fourth quarter. Alyeska Investment Group L.P. owned 2,590,863 shares after a 334.8% gain, and Bank of Nova Scotia held 5,028,399 shares after a 63.5% rise. Against those additions, Mufg’s fourth-quarter reduction is a counter-move, not a broader exit from the stock.
May 5 Earnings, June Dividend
$1.41 EPS was Suncor’s quarterly profit on Tuesday, May 5th, missing the $1.45 consensus by $0.04. Revenue came in at $10.41 billion, above the $9.22 billion estimate, while return on equity was 13.96% and net margin was 12.29%. Research analysts forecast 7.07 earnings per share for the current year, so the next stretch of trading will still be judged against operating results, not just ownership changes.
$0.60 per share will be paid on Thursday, June 25th to stockholders of record on Thursday, June 4th. That dividend gives holders a cash return while the share register keeps shifting, and it leaves the next clear checkpoint on the calendar for investors tracking whether institutional positioning and operating performance stay aligned.
