Sun Life Financial (SLF)

• Market cap: $33.9B
• 1 day: 0.36%
• 5 days: -1.80%
• 1 month: -3.11%
• 3 months: 4.12%
• 6 months: 22.24%
• Year to date: 14.85%
• 1 year: 17.11%
• 5 years: 29.04%
• 10 years: 65.93%

About: Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 30% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the fourth quarter of 2023. The Canada business contributes about 35% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributed approximately 22% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 13% of earnings.

Employees: 58,245

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

68% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 34

15% more capital invested

Capital invested by funds: $13.4B [Q2] → $15.4B (+$2.05B) [Q3]

6% more funds holding

Funds holding: 390 [Q2] → 413 (+23) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

0.87% less ownership

Funds ownership: 46.84% [Q2] → 45.96% (-0.87%) [Q3]

14% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 141

38% less call options, than puts

Call options by funds: $218M | Put options by funds: $348M