Enbridge
ENB
800 hedge funds and large institutions have $41.2B invested in Enbridge in 2017 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 279 increasing their positions, 322 reducing their positions, and 82 closing their positions.
49% more call options, than puts
Call options by funds: $104M | Put options by funds: $69.3M
1.18% less ownership
Funds ownership: 64.14% → 62.96% (-1.2%)
5% less funds holding
Funds holding: 839 → 800 (-39)
6% less capital invested
Capital invested by funds: $43.9B → $41.2B (-$2.69B)
9% less funds holding in top 10
Funds holding in top 10: 54 → 49 (-5)
13% less repeat investments, than reductions
Existing positions increased: 279 | Existing positions reduced: 322
37% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$455M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$268M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$129M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$111M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$104M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$876M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$419M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$336M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$200M |
| 5 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$183M |
ENB Hedge Fund Activity: Q2 2017 in Review
800 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q2 2017, worth a combined $41.2B — down 6.1% from $43.9B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of ENB and 52 opened new positions — a net loss of 30 holders — while 322 trimmed existing stakes and 279 added.
The largest buyer was Capital World Investors, adding an estimated $455M. The largest seller was Bank of America, cutting an estimated $876M.
- 800 institutional investors held Enbridge (ENB) as of Q2 2017, down from 839 in Q1 2017.
- Funds reported $41.2B of Enbridge stock for Q2 2017, down 6.1% quarter-over-quarter.
- 52 funds opened new Enbridge positions in Q2 2017 and 82 closed out, a net change of -30 holders.
- The largest Enbridge buyer in Q2 2017 was Capital World Investors, an estimated $455M added.
- The largest Enbridge seller in Q2 2017 was Bank of America, an estimated $876M sold.
Based on aggregated 13F filings for Q2 2017.