Enbridge
ENB
830 hedge funds and large institutions have $40.2B invested in Enbridge in 2018 Q2 according to their latest regulatory filings, with 100 funds opening new positions, 282 increasing their positions, 296 reducing their positions, and 59 closing their positions.
69% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 59
30% more call options, than puts
Call options by funds: $327M | Put options by funds: $250M
26% more funds holding in top 10
Funds holding in top 10: 39 → 49 (+10)
21% more capital invested
Capital invested by funds: $33.1B → $40.2B (+$7.09B)
4% more funds holding
Funds holding: 795 → 830 (+35)
5% less repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 296
1.41% less ownership
Funds ownership: 61.9% → 60.49% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$484M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$224M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$148M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$107M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$87.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$463M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$380M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$160M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$85.6M |
| 5 |
CBT
Capital Bank & Trust
Irvine,
California
|
-$73.7M |
ENB Hedge Fund Activity: Q2 2018 in Review
830 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q2 2018, worth a combined $40.2B — up 21% from $33.1B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new ENB positions and 59 closed out — a net gain of 41 holders — while 282 added to existing stakes and 296 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $484M. The largest seller was Mackenzie Financial, cutting an estimated $463M.
- 830 institutional investors held Enbridge (ENB) as of Q2 2018, up from 795 in Q1 2018.
- Funds reported $40.2B of Enbridge stock for Q2 2018, up 21% quarter-over-quarter.
- 100 funds opened new Enbridge positions in Q2 2018 and 59 closed out, a net change of +41 holders.
- The largest Enbridge buyer in Q2 2018 was Fidelity International, an estimated $484M added.
- The largest Enbridge seller in Q2 2018 was Mackenzie Financial, an estimated $463M sold.
Based on aggregated 13F filings for Q2 2018.