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The Canadian Pension Plan Investment Board has at least 23 short positions in European Union markets, covering more than $750 million worth of securities, making it one of the more active short sellers in the continent, according to data compiled by a German firm that tracks short selling.

According to a report prepared for the Financial Post by Breakout Point, a Dusseldorf-based firm that specializes in accumulating short-selling data from activist short sellers, publicly available records and BETA-funds, the CPPIB has nearly doubled the number of its disclosed short positions since last year, to 23 from 14. That places CPPIB 14th on the list of the most active short sellers in Europe by number of significant positions, according to Breakout Point.

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“They are the only pension fund in the Top 20 and one of the very few such or similar entities in all of our short-selling records,” the report said. “They are the ones that stand out in terms of activity.”