February 27th, 2017
• World’s largest shareholders (~$18 trillion USD)
• Unprecedented commitment to 1400 big cap names at historic levels
• No material change in conviction Pre versus Post US election
• 100 winners and losers…sharp selection tools underpin conviction
*Comparsion dates chosen November 1st 2016 to February 27th 2017
STOCKHOLDER CONVICTION INDEX HOLDS ON TO HISTORICAL LEVEL
This result predicts a continuation of the recent high levels of global investment.
Already at an unprecedented conviction level, propelling a recent surge, the world’s most powerful investors anticipate a continuation and yet a further minor net increase in their quality assessments of the 1400 large cap names on the Brendan Wood Index. The index is updated daily through personal debriefings with over 2000 global investors in the Brendan Wood panel who manage approximately USD $18 trillion in large cap equity assets. “This is not an opinion survey by any means, rather a stock by stock investigation of shareholder selection metrics which translate into conviction. The source data comes from ground up examination of investor ‘buy-in’ metrics on a company by company basis across 1400 corporate names. To arrive at overall shareholder conviction, data are aggregated into industry sectors and then into the Brendan Wood global equity universe”, said Brendan Wood, Chairman, Brendan Wood International. “Future events are the wild card. The Index is updated daily for a reason. Results can change rapidly as investors can and do react to events beyond their control”, said Mr. Wood. The Stockholder Conviction Index real time data is used by fund managers and activistic investors to select/monitor conventional portfolio holdings and large bet strategic investments $1b+. Corporate clients of BWI subscribe to the Shareholder Conviction Index to maintain surveillance and optimize the management of their shareholder franchises. Companies facing challenges use the data and BWI counsel to respond effectively to shareholder concerns, as well as activistic or pro-active shareholder agendas.
| Leading Sectors* |
Lagging Sectors* |
| Energy |
+4.80% |
Media |
-2.70% |
| Financials |
+3.00% |
Healthcare |
-0.90% |
| Consumer |
+1.30% |
Mining |
-0.40% |
| Gains |
Losses |
| Consumer Products |
Consumer Products |
| Hermes International |
+26% |
Hudson’s Bay Co |
-53% |
| Restaurant Brands International |
+25% |
Empire Co |
-39% |
| Casino Guichard-Perrachon |
+24% |
Kraft Heinz Co |
-18% |
| JM Smucker Co |
+22% |
Carlsberg A/S |
-14% |
| Starbucks Corp |
+20% |
British American Tobacco |
-13% |
| Gains |
Losses |
| Financials |
Financials |
| Laurentian Bank of Canada |
+47% |
Home Capital Group |
-32% |
| Manulife Financial |
+38% |
Tricon Capital Group |
-18% |
| AGF Management |
+21% |
Voya Financial |
-16% |
| National Bank of Canada |
+20% |
US Bancorp |
-10% |
| Bank of Montreal |
+17% |
Torchmark Corporation |
-9% |
| Gains |
Losses |
| Healthcare |
Healthcare |
| Merck KGaA |
+19% |
Novartis AG |
-12% |
| Fresenius SE |
+10% |
Gilead Sciences Inc |
-10% |
| UCB SA |
+10% |
Roche Holding |
-10% |
| Stryker Corp |
+9% |
Valeant Pharmaceuticals |
-9% |
| Becton Dickinson & Co |
+6% |
Sanofi |
-9% |
| Gains |
Losses |
| Industrials |
Industrials |
| Navistar International Corp |
+100% |
Emerson Electric Co |
-43% |
| Alcoa Inc |
+67% |
Sherwin-Williams Co |
-26% |
| AMETEK Inc |
+43% |
Ingersoll-Rand Co |
-25% |
| Sealed Air Corp |
+43% |
Danaher Corp |
-25% |
| WABCO Holdings |
+37% |
Linamar Corp |
-22% |
| Gains |
Losses |
| Media |
Media |
| Netflix Inc |
+14% |
Pearson PLC |
-73% |
| Relx PLC |
+13% |
ITV PLC |
-24% |
| Activision Blizzard |
+12% |
Daily Mail & General Trust |
-14% |
| Walt Disney |
+8% |
The Intertain Group |
-11% |
| DHX Media Ltd |
+7% |
Publicis Groupe SA |
-9% |
| Gains |
Losses |
| Mining |
Mining |
| Hudbay Minerals Inc |
+17% |
Teck Resources Ltd |
-21% |
| KAZ Minerals PLC |
+12% |
Primero Mining Corp |
-19% |
| Major Drilling Group Int. |
+12% |
Lundin Mining |
-18% |
| Ivanhoe Mines Ltd. |
+10% |
Detour Gold Corp |
-17% |
| Thomson Creek Metals Co |
+9% |
Imperial Metals |
-13% |
| Gains |
Losses |
| Oil &Gas (Including Services) |
Oil & Gas (Including Services) |
| SBM Offshore NV |
+50% |
Precision Drilling Corp |
-14% |
| Enerflex Ltd |
+32% |
PDC Energy Inc |
-11% |
| Paramount Resources Ltd |
+30% |
Total Energy Services |
-11% |
| Murphy Oil |
+27% |
Canadian Natural Resources |
-10% |
| Chesapeake Energy Corp |
+23% |
Secure Energy Services |
-10% |
| Gains |
Losses |
| Pipeline and Power |
Pipeline and Power |
| Duke Energy Corp |
+20% |
Gibson Energy Inc |
-18% |
| Williams Cos Inc |
+20% |
Innergex Renewable Energy |
-16% |
| Spectra Energy Partners |
+15% |
Sempra Energy |
-14% |
| ATCO Ltd |
+10% |
Pattern Energy Group |
-14% |
| Keyera Corp |
+9% |
Brookfield Infrastructure |
-7% |
| Gains |
Losses |
| Technology |
Technology |
| Nokia |
+25% |
Symantec Corp |
-19% |
| Groupon Inc |
+17% |
YuMe Inc |
-15% |
| Microsoft Corp |
+16% |
Citrix Systems |
-15% |
| Redknee Solutions |
+15% |
Telefonaktiebolaget Ericsson Telefon AB |
-12% |
| Equinix Inc |
+14% |
ASM International NV |
-9% |
| Gains |
Losses |
| Telecommunications |
Telecommunications |
| TalkTalk Telecom Group |
+48% |
Liberty Global PLC |
-11% |
| CenturyLink Inc |
+17% |
Telus |
-9% |
| Royal KPN NV |
+17% |
Manitoba Telecom Services |
-7% |
| Verizon Communications |
+13% |
TeliaSonera AB |
-6% |
| Telecom Italia |
+12% |
BCE Inc |
-6% |
About Brendan Wood International:
Established in 1970, Brendan Wood International is a global advisor basing its strategic and operational advice on granular intelligence which measures current and forthcoming transactional market share and confidence in the performance of all sizes of public companies, banks, broker dealers and investment managers worldwide. The firm is also the managing sponsor of the exclusive TopGun Club, which recognizes and supports individual executive and professional members whose ‘game changer’ performance is rated in the top decile globally by their constituent counter parties, shareholders and customers.
Related Links:
www.TopGunPress.com
www.brendanwood.com
Contacts:
Jordan Novak
Managing Director
Brendan Wood International
+1 416 924 8110
jnovak@brendanwood.com
Amanda Knott
Manager – BWI Panel
Brendan Wood International
+1 416 924 8110
aknott@brendanwood.com
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