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Enbridge

1,197 hedge funds and large institutions have $38.7B invested in Enbridge in 2023 Q4 according to their latest regulatory filings, with 147 funds opening new positions, 383 increasing their positions, 485 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 98

7% more capital invested

Capital invested by funds: $36.2B → $38.7B (+$2.41B)

3% more funds holding

Funds holding: 1,1651,197 (+32)

1.17% less ownership

Funds ownership: 51.43%50.26% (-1.2%)

10% less funds holding in top 10

Funds holding in top 10: 3935 (-4)

17% less call options, than puts

Call options by funds: $550M | Put options by funds: $659M

21% less repeat investments, than reductions

Existing positions increased: 383 | Existing positions reduced: 485

Holders
1,197
Holders Change
+32
Holders Change %
+2.75%
% of All Funds
17.45%
Holding in Top 10
35
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-10.26%
% of All Funds
0.51%
New
147
Increased
383
Reduced
485
Closed
98
Calls
$550M
Puts
$659M
Net Calls
-$109M
Net Calls Change
+$200M
Name Holding Trade Value Shares
Change
Change in
Stake
Russell Investments Group
51
Russell Investments Group
United Kingdom
$123M -$10.5M -311,240 -8%
CS
52
Credit Suisse
Switzerland
$121M -$551K -16,343 -0.5%
RJA
53
Raymond James & Associates
Florida
$120M -$12.4M -367,391 -10%
Canada Life
54
Canada Life
Manitoba, Canada
$116M -$9.43M -279,733 -8%
Stifel Financial
55
Stifel Financial
Missouri
$109M -$9.34M -277,094 -8%
JFL
56
Jarislowsky, Fraser Ltd
Quebec, Canada
$101M -$2.41M -71,512 -2%
CCMIC
57
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$98.2M -$1.51M -44,706 -2%
MSRPS
58
Maryland State Retirement & Pension System
Maryland
$94.8M +$513K +15,217 +0.6%
LPL Financial
59
LPL Financial
California
$94.7M -$3.36M -99,508 -4%
Mirae Asset Global Investments
60
Mirae Asset Global Investments
South Korea
$93M +$3.6M +106,617 +4%
MBI
61
Montrusco Bolton Investments
Quebec, Canada
$90.7M +$17M +504,265 +25%
UBS Group
62
UBS Group
Switzerland
$87.4M +$252K +7,476 +0.3%
Dimensional Fund Advisors
63
Dimensional Fund Advisors
Texas
$84.6M +$2.43M +72,129 +3%
BlackRock
64
BlackRock
New York
$82.3M +$6.97M +206,695 +10%
KACA
65
Kayne Anderson Capital Advisors
California
$81.7M -$686K -20,350 -0.9%
IIM
66
Intact Investment Management
Quebec, Canada
$79.7M +$13.8M +409,864 +23%
AC
67
Addenda Capital
Quebec, Canada
$79.3M +$480K +14,231 +0.9%
FDCDDQ
68
Federation des caisses Desjardins du Quebec
Quebec, Canada
$78.9M -$3.44M -102,153 -5%
State Farm Mutual Automobile Insurance
69
State Farm Mutual Automobile Insurance
Illinois
$76.7M
DC
70
Davenport & Co
Virginia
$73.3M -$1.85M -54,830 -3%
EIP
71
Energy Income Partners
Connecticut
$72.1M +$2.01M +59,611 +3%
CAM
72
Cidel Asset Management
Ontario, Canada
$64.2M -$910K -26,983 -1%
Northern Trust
73
Northern Trust
Illinois
$62.5M -$2.19M -64,835 -4%
Blackstone Inc
74
Blackstone Inc
New York
$61.6M -$975K -28,917 -2%
DPIM
75
Duff & Phelps Investment Management
Illinois
$60.7M -$7.19M -213,342 -11%

ENB Hedge Fund Activity: Q4 2023 in Review

1,197 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q4 2023, worth a combined $38.7B — up 6.6% from $36.2B a quarter earlier.

Buyers outnumbered sellers: 147 funds opened new ENB positions and 98 closed out — a net gain of 49 holders — while 383 added to existing stakes and 485 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $306M. The largest seller was Bank of Montreal, cutting an estimated $412M.

  • 1,197 institutional investors held Enbridge (ENB) as of Q4 2023, up from 1,165 in Q3 2023.
  • Funds reported $38.7B of Enbridge stock for Q4 2023, up 6.6% quarter-over-quarter.
  • 147 funds opened new Enbridge positions in Q4 2023 and 98 closed out, a net change of +49 holders.
  • The largest Enbridge buyer in Q4 2023 was Morgan Stanley, an estimated $306M added.
  • The largest Enbridge seller in Q4 2023 was Bank of Montreal, an estimated $412M sold.

Based on aggregated 13F filings for Q4 2023.