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Enbridge

316 hedge funds and large institutions have $25B invested in Enbridge in 2016 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 135 increasing their positions, 98 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more funds holding in top 10

Funds holding in top 10: 1825 (+7)

38% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 98

32% more capital invested

Capital invested by funds: $18.9B → $25B (+$6.03B)

28% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 29

2% more funds holding

Funds holding: 310316 (+6)

0.71% more ownership

Funds ownership: 68.13%68.84% (+0.71%)

16% less call options, than puts

Call options by funds: $89.5M | Put options by funds: $107M

Holders
316
Holders Change
+6
Holders Change %
+1.94%
% of All Funds
8.42%
Holding in Top 10
25
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+38.89%
% of All Funds
0.67%
New
37
Increased
135
Reduced
98
Closed
29
Calls
$89.5M
Puts
$107M
Net Calls
-$17.3M
Net Calls Change
+$2.03M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
51
UBS AM
Illinois
$76M +$3.23M +94,631 +5%
DPIM
52
Duff & Phelps Investment Management
Illinois
$71.6M +$31.8K +930 +0.1%
APG Asset Management
53
APG Asset Management
Netherlands
$69.8M +$8.71M +254,976 +23%
AII
54
AGF Investments Inc
Ontario, Canada
$69.5M +$26.7M +782,071 +78%
MF
55
Magnetar Financial
Illinois
$64.5M +$56.7M +1,660,000 New
Bank of America
56
Bank of America
North Carolina
$63.8M -$2.84M -83,117 -5%
HAI
57
Hennessy Advisors Inc
California
$59.2M -$2.39M -70,000 -4%
EIP
58
Energy Income Partners
Connecticut
$55.7M -$8.86M -259,410 -15%
State of Wisconsin Investment Board
59
State of Wisconsin Investment Board
Wisconsin
$50M +$6.08M +178,019 +16%
Jennison Associates
60
Jennison Associates
New York
$48.7M +$39.4M +1,153,746 +1,181%
TCM
61
Tetrem Capital Management
Manitoba, Canada
$46.1M +$36.5M +1,067,982 +920%
O
62
OppenheimerFunds
New York
$44.8M +$3.08M +90,273 +9%
TIP
63
Torray Investment Partners
Maryland
$44.7M +$9.58M +280,363 +32%
Bank of New York Mellon
64
Bank of New York Mellon
New York
$43.3M +$1.83M +53,436 +5%
State of Tennessee, Department of Treasury
65
State of Tennessee, Department of Treasury
Tennessee
$42.9M
3CP
66
3G Capital Partners
New York
$38.9M +$17.1M +500,000 +100%
BONST
67
Bank of Nova Scotia Trust
Ontario, Canada
$38.8M +$5.98M +174,991 +21%
KACA
68
Kayne Anderson Capital Advisors
California
$37.1M +$8.09M +236,780 +33%
Barclays
69
Barclays
United Kingdom
$35.9M +$3.19M +93,395 +11%
Citigroup
70
Citigroup
New York
$35.6M -$823K -24,076 -3%
Invesco
71
Invesco
Georgia
$35.4M -$3.61M -105,691 -10%
AC
72
Addenda Capital
Quebec, Canada
$29.7M +$25M +731,260 +2,587%
Korea Investment Corp
73
Korea Investment Corp
South Korea
$29.1M -$5.16M -151,100 -17%
PGH
74
Partners Group Holding
Switzerland
$28.2M -$239K -7,000 -1%
SI
75
Scout Investments
Missouri
$28M +$2.89M +84,612 +13%

ENB Hedge Fund Activity: Q1 2016 in Review

316 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q1 2016, worth a combined $25B — up 32% from $18.9B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new ENB positions and 29 closed out — a net gain of 8 holders — while 135 added to existing stakes and 98 trimmed.

The largest buyer was Capital World Investors, adding an estimated $496M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $132M sold.

  • 316 institutional investors held Enbridge (ENB) as of Q1 2016, up from 310 in Q4 2015.
  • Funds reported $25B of Enbridge stock for Q1 2016, up 32% quarter-over-quarter.
  • 37 funds opened new Enbridge positions in Q1 2016 and 29 closed out, a net change of +8 holders.
  • The largest Enbridge buyer in Q1 2016 was Capital World Investors, an estimated $496M added.
  • The largest Enbridge seller in Q1 2016 was Mackenzie Financial, an estimated $132M sold.

Based on aggregated 13F filings for Q1 2016.