Here’s our smart money update for the week. These numbers are taken from Irish’s nightly house positions (thank you Irish). Again I state, this is not an exact science but it does give us a heads up to a shift in institutional sentiment. Have a great weekend all and keep well!

Increased Positions in NOT this week

Anonymous +386,600

Blackmont +337,400

Genuity +80,400

Jitney +71,535

Mackenzie +65,000

GMP +45,100

Haywood +26,500

Cormark +25,000

Wellington +5,609

Reduced Positions in NOT this week

Raymond James –293,700

Dundee –246,800

Penson –15,800

Research Cap –13,800

ITG –13,175

Canaccord –10,600

Bolder –3,600

Institutions increased their combined holdings this week by 445,669. Institutions have increased their combined holdings by 3,316,920 shares since August 17th. All institutions that I track (21) remain in a net positive position since Aug 17th except for Canaccord, Clarus, Raymond James, and Research Cap. Top institutional buyers since Aug 17th are Wellington, Dundee, Penson, Genuity, ITG, Haywood and Blackmont.

Increased positions in FWR this week

Brock & Coop +4,163,900

CIBC +588,012

Canaccord +348,907

MacQuarie +302,000

Byron +250,000

Genuity +136,000

Penson +1,000

Reduced Positions in FWR this week

Anonymous –803,500

Jitney –572,000

ITG –247,000

UBS –143,500

Research Cap. –143,000

Dundee –72,000

Blackmont –60,500

Sandfire –25,000

Jennings –21,000

Raymond James –10,700

Haywood –10,000

Institutions increased their combined holdings this week by 3,093,607. Institutions have increased their combined holdings by 5,978,025 since Oct 5th. It would be interesting to know how or if the 4,163,900 shares that Brock & Coop purchased this week will get tendered. Top institutional buyers since Oct 5th are Brock & Coop, MacQuarie, GMP, Genuity, Canaccord, Jennings and UBS.