Signature Select Canadian Fund Buys Cenovus Energy Inc, Glencore PLC, BlackBerry, Sells BHP Billiton


Investment company Signature Select Canadian Fund buys Cenovus Energy Inc, Glencore PLC, BlackBerry, Royal Bank of Canada, Advanced Micro Devices Inc, SVB Financial Group, Danaher Corp, Wheaton Precious Metals Corp, Bank of America Corporation, Wells Fargo, sells BHP Billiton, Citigroup Inc, Bank of Montreal, UnitedHealth Group Inc, Cisco Systems Inc during the 3-months ended 2017-09-30, according to the most recent filings of the investment company, Signature Select Canadian Fund. As of 2017-09-30, Signature Select Canadian Fund owns 122 stocks with a total value of $1.1 billion. These are the details of the buys and sells.


New Purchases: GLEN, BB, AMD, SIVB, DHR, WPM, WFC, VMC, NUE, MLM, Added Positions: CVE, RY, TD, BAC, POW, ECA, SU, BBRI, GOOS, SYF, Reduced Positions: C, UNH, ANTM, SHOP, H, MG, BNS, ZZZ, BMY, BABA, Sold Out: BHP, BMO, CSCO, VII, MFI, THO, 6503, HSE, DLTR, CVS,

For the details of Signature Select Canadian Fund’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Signature+Select+Canadian+Fund

These are the top 5 holdings of Signature Select Canadian FundBank of Nova Scotia (BNS) – 690,350 shares, 5.24% of the total portfolio. Shares reduced by 7.82%The Toronto-Dominion Bank (TD) – 660,200 shares, 4.39% of the total portfolio. Shares added by 16.50%Manulife Financial Corp (MFC) – 1,575,267 shares, 3.78% of the total portfolio. Shares reduced by 5.51%Royal Bank of Canada (RY) – 344,250 shares, 3.15% of the total portfolio. Shares added by 46.21%Micron Technology Inc (MU) – 615,900 shares, 2.86% of the total portfolio. Shares added by 0.79%New Purchase: Glencore PLC (GLEN)


Signature Select Canadian Fund initiated holdings in Glencore PLC. The purchase prices were between $2.97 and $3.73, with an estimated average price of $3.38. The stock is now traded at around $3.39. The impact to the portfolio due to this purchase was 1.13%. The holdings were 2,082,400 shares as of 2017-09-30.

New Purchase: BlackBerry Ltd (BB)

Signature Select Canadian Fund initiated holdings in BlackBerry Ltd. The purchase prices were between $8.58 and $10.47, with an estimated average price of $9.39. The stock is now traded at around $10.65. The impact to the portfolio due to this purchase was 1.06%. The holdings were 802,900 shares as of 2017-09-30.


New Purchase: Advanced Micro Devices Inc (AMD)

Signature Select Canadian Fund initiated holdings in Advanced Micro Devices Inc. The purchase prices were between $10.04 and $14.76, with an estimated average price of $12.64. The stock is now traded at around $10.10. The impact to the portfolio due to this purchase was 0.97%. The holdings were 642,700 shares as of 2017-09-30.

New Purchase: SVB Financial Group (SIVB)

Signature Select Canadian Fund initiated holdings in SVB Financial Group. The purchase prices were between $160.72 and $192.49, with an estimated average price of $177.48. The stock is now traded at around $233.86. The impact to the portfolio due to this purchase was 0.7%. The holdings were 31,600 shares as of 2017-09-30.


New Purchase: Danaher Corp (DHR)

Signature Select Canadian Fund initiated holdings in Danaher Corp. The purchase prices were between $79.29 and $88.45, with an estimated average price of $83.97. The stock is now traded at around $93.03. The impact to the portfolio due to this purchase was 0.68%. The holdings were 67,416 shares as of 2017-09-30.

New Purchase: Wheaton Precious Metals Corp (WPM)

Signature Select Canadian Fund initiated holdings in Wheaton Precious Metals Corp. The purchase prices were between $23.37 and $29.31, with an estimated average price of $26.11. The stock is now traded at around $26.62. The impact to the portfolio due to this purchase was 0.65%. The holdings were 288,200 shares as of 2017-09-30.


Added: Cenovus Energy Inc (CVE)

Signature Select Canadian Fund added to the holdings in Cenovus Energy Inc by 212.20%. The purchase prices were between $9 and $15.11, with an estimated average price of $11.4. The stock is now traded at around $12.87. The impact to the portfolio due to this purchase was 1.24%. The holdings were 1,547,749 shares as of 2017-09-30.

Added: Royal Bank of Canada (RY)

Signature Select Canadian Fund added to the holdings in Royal Bank of Canada by 46.21%. The purchase prices were between $90.46 and $97.81, with an estimated average price of $93.9. The stock is now traded at around $101.16. The impact to the portfolio due to this purchase was 1%. The holdings were 344,250 shares as of 2017-09-30.


Added: Bank of America Corporation (BAC)

Signature Select Canadian Fund added to the holdings in Bank of America Corporation by 128.09%. The purchase prices were between $22.23 and $25.45, with an estimated average price of $23.78. The stock is now traded at around $29.20. The impact to the portfolio due to this purchase was 0.62%. The holdings were 367,000 shares as of 2017-09-30.

Added: Power Corporation of Canada (POW)

Signature Select Canadian Fund added to the holdings in Power Corporation of Canada by 43.50%. The purchase prices were between $29.58 and $31.71, with an estimated average price of $30.52. The stock is now traded at around $32.81. The impact to the portfolio due to this purchase was 0.53%. The holdings were 581,570 shares as of 2017-09-30.


Added: Encana Corp (ECA)

Signature Select Canadian Fund added to the holdings in Encana Corp by 34.66%. The purchase prices were between $10.72 and $16.08, with an estimated average price of $13.11. The stock is now traded at around $15.36. The impact to the portfolio due to this purchase was 0.42%. The holdings were 1,180,200 shares as of 2017-09-30.

Added: Suncor Energy Inc (SU)

Signature Select Canadian Fund added to the holdings in Suncor Energy Inc by 22.38%. The purchase prices were between $36.53 and $43.85, with an estimated average price of $40.63. The stock is now traded at around $44.55. The impact to the portfolio due to this purchase was 0.27%. The holdings were 357,024 shares as of 2017-09-30.


Sold Out: BHP Billiton Ltd (BHP)

Signature Select Canadian Fund sold out the holdings in BHP Billiton Ltd. The sale prices were between $36.18 and $44.54, with an estimated average price of $40.9.

Sold Out: Bank of Montreal (BMO)

Signature Select Canadian Fund sold out the holdings in Bank of Montreal. The sale prices were between $71.44 and $76.98, with an estimated average price of $74.55.

Sold Out: Cisco Systems Inc (CSCO)

Signature Select Canadian Fund sold out the holdings in Cisco Systems Inc. The sale prices were between $30.37 and $33.76, with an estimated average price of $31.8.


Sold Out: Seven Generations Energy Ltd (VII)

Signature Select Canadian Fund sold out the holdings in Seven Generations Energy Ltd. The sale prices were between $13.25 and $18.01, with an estimated average price of $15.48.

Sold Out: Maple Leaf Foods Inc (MFI)

Signature Select Canadian Fund sold out the holdings in Maple Leaf Foods Inc. The sale prices were between $25.19 and $28.04, with an estimated average price of $27.

Sold Out: Tahoe Resources Inc (THO)

Signature Select Canadian Fund sold out the holdings in Tahoe Resources Inc. The sale prices were between $4.41 and $8.3, with an estimated average price of $5.49.


Reduced: Citigroup Inc (C)

Signature Select Canadian Fund reduced to the holdings in Citigroup Inc by 60.99%. The sale prices were between $57.72 and $72.74, with an estimated average price of $64.75. The stock is now traded at around $77.79. The impact to the portfolio due to this sale was -1.02%. Signature Select Canadian Fund still held 82,250 shares as of 2017-09-30.

Reduced: UnitedHealth Group Inc (UNH)

Signature Select Canadian Fund reduced to the holdings in UnitedHealth Group Inc by 47.3%. The sale prices were between $164.01 and $199.75, with an estimated average price of $184.06. The stock is now traded at around $223.48. The impact to the portfolio due to this sale was -0.83%. Signature Select Canadian Fund still held 42,450 shares as of 2017-09-30.


Reduced: Anthem Inc (ANTM)

Signature Select Canadian Fund reduced to the holdings in Anthem Inc by 47.96%. The sale prices were between $164.75 and $197.43, with an estimated average price of $184.81. The stock is now traded at around $226.32. The impact to the portfolio due to this sale was -0.7%. Signature Select Canadian Fund still held 34,500 shares as of 2017-09-30.

Reduced: Shopify Inc (SHOP)

Signature Select Canadian Fund reduced to the holdings in Shopify Inc by 48.17%. The sale prices were between $90.71 and $150.75, with an estimated average price of $120.43. The stock is now traded at around $130.84. The impact to the portfolio due to this sale was -0.67%. Signature Select Canadian Fund still held 80,800 shares as of 2017-09-30.

Reduced: Hydro One Ltd (H)

Signature Select Canadian Fund reduced to the holdings in Hydro One Ltd by 58.33%. The sale prices were between $22.06 and $24.61, with an estimated average price of $23.2. The stock is now traded at around $22.65. The impact to the portfolio due to this sale was -0.54%. Signature Select Canadian Fund still held 160,900 shares as of 2017-09-30.

Reduced: Magna International Inc (MG)

Signature Select Canadian Fund reduced to the holdings in Magna International Inc by 61.41%. The sale prices were between $52.78 and $66.88, with an estimated average price of $59.5. The stock is now traded at around $71.55. The impact to the portfolio due to this sale was -0.45%. Signature Select Canadian Fund still held 49,150 shares as of 2017-09-30.

Here is the complete portfolio of Signature Select Canadian Fund. Also check out:

1. Signature Select Canadian Fund’s Undervalued Stocks
2. Signature Select Canadian Fund’s Top Growth Companies, and
3. Signature Select Canadian Fund’s High Yield stocks
4. Stocks that Signature Select Canadian Fund keeps buying

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