Dark
Light
System
Security
BCE INC
BCE INC. Institutional holdings reported to the SEC.

Institutional Holders (2016Q1)
Portfolio Summary: 440 Institutional holders with a total value of $17,845,941,395.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 ROYAL BANK OF CANADA 68,146,328 3,103,383,000 17.39%
2 BANK OF MONTREAL /CAN/ 33,329,715 1,517,835,000 8.51%
3 TD ASSET MANAGEMENT INC 18,561,432 849,382,000 4.76%
4 CIBC WORLD MARKET INC. 15,255,394 694,731,000 3.89%
5 1832 Asset Management L.P. 9,724,089 659,196,000 3.69%
6 WELLINGTON MANAGEMENT GROUP LLP 12,303,401 562,913,000 3.15%
7 FMR LLC 12,029,332 548,232,000 3.07%
8 CIBC Asset Management Inc 10,428,209 476,444,000 2.67%
9 TORONTO DOMINION BANK 8,920,396 406,560,000 2.28%
10 Capital Research Global Investors 8,826,000 402,241,000 2.25%
11 I.G. INVESTMENT MANAGEMENT, LTD. 8,118,035 370,120,000 2.07%
12 CANADA LIFE ASSURANCE Co 7,748,736 352,737,000 1.98%
13 DEUTSCHE BANK AG\ 7,241,544 329,776,000 1.85%
14 FRANKLIN RESOURCES INC 6,645,226 303,017,000 1.70%
15 LETKO, BROSSEAU & ASSOCIATES INC 6,418,612 292,898,000 1.64%
16 VANGUARD GROUP INC 5,210,006 237,264,000 1.33%
17 FEDERATED HERMES, INC. 5,148,154 234,447,000 1.31%
18 BANK OF NOVA SCOTIA 5,107,389 232,840,000 1.30%
19 Connor, Clark & Lunn Investment Management Ltd. 4,865,803 222,666,000 1.25%
20 MANUFACTURERS LIFE INSURANCE COMPANY, THE 4,796,758 219,980,000 1.23%
21 SCHAFER CULLEN CAPITAL MANAGEMENT INC 4,768,250 217,146,000 1.22%
22 ACADIAN ASSET MANAGEMENT LLC 4,512,783 205,513,000 1.15%
23 BANK OF AMERICA CORP /DE/ 4,327,555 197,076,000 1.10%
24 THOMASPARTNERS, INC. 3,960,227 180,349,000 1.01%
25 AMERIPRISE FINANCIAL INC 3,689,974 168,814,000 0.95%
26 Mondrian Investment Partners LTD 2,697,292 159,653,000 0.89%
27 Alberta Investment Management Corp 2,606,805 154,297,000 0.86%
28 Fiera Capital Corp 3,212,789 146,551,000 0.82%
29 SCOTIA CAPITAL INC. 3,124,240 142,286,000 0.80%
30 MORGAN STANLEY 2,851,552 129,859,000 0.73%
31 NORGES BANK 2,639,527 120,789,000 0.68%
32 INTACT INVESTMENT MANAGEMENT INC. 1,948,738 115,217,000 0.65%
33 GOLDMAN SACHS GROUP INC 2,410,636 109,780,000 0.62%
34 Capital International Investors 2,287,000 104,194,000 0.58%
35 RAYMOND JAMES & ASSOCIATES 2,226,575 101,460,000 0.57%
36 JPMORGAN CHASE & CO 2,214,336 100,842,000 0.57%
37 WELLS FARGO & COMPANY/MN 2,142,596 97,574,000 0.55%
38 APG Asset Management N.V. 1,638,401 96,977,000 0.54%
39 AQR CAPITAL MANAGEMENT LLC 2,112,294 96,661,000 0.54%
40 EDGE ASSET MANAGEMENT, INC 1,945,185 88,584,000 0.50%
41 PUBLIC SECTOR PENSION INVESTMENT BOARD 1,934,447 88,523,000 0.50%
42 RENAISSANCE TECHNOLOGIES LLC 1,860,671 84,763,000 0.47%
43 PCJ Investment Counsel Ltd. 1,819,352 83,256,000 0.47%
44 DUFF & PHELPS INVESTMENT MANAGEMENT CO 1,792,607 81,636,000 0.46%
45 ROYAL BANK OF CANADA 1,648,500 75,073,000 0.42% Put
46 Sentry Investments Corp. 1,266,690 74,975,000 0.42%
47 Grantham, Mayo, Van Otterloo & Co. LLC 1,629,300 74,529,000 0.42%
48 Hamlin Capital Management, LLC 1,618,405 73,702,000 0.41%
49 Allianz Asset Management GmbH 1,211,036 70,313,000 0.39%
50 CREDIT SUISSE AG/ 1,537,666 70,025,000 0.39%
Page 1 of 9

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.