Enbridge
ENB
1,220 hedge funds and large institutions have $38.2B invested in Enbridge in 2024 Q1 according to their latest regulatory filings, with 133 funds opening new positions, 453 increasing their positions, 433 reducing their positions, and 96 closing their positions.
39% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 96
19% more call options, than puts
Call options by funds: $458M | Put options by funds: $384M
2% more funds holding
Funds holding: 1,197 → 1,220 (+23)
5% more repeat investments, than reductions
Existing positions increased: 453 | Existing positions reduced: 433
0.79% less ownership
Funds ownership: 50.26% → 49.47% (-0.79%)
1% less capital invested
Capital invested by funds: $38.7B → $38.2B (-$464M)
9% less funds holding in top 10
Funds holding in top 10: 35 → 32 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$192M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$129M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$90.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$88.6M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$78.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$787M |
| 2 |
Morgan Stanley
New York
|
-$218M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$209M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$140M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$132M |
ENB Hedge Fund Activity: Q1 2024 in Review
1,220 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q1 2024, worth a combined $38.2B — down 1.2% from $38.7B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new ENB positions and 96 closed out — a net gain of 37 holders — while 453 added to existing stakes and 433 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $192M. The largest seller was Wellington Management Group, cutting an estimated $787M.
- 1,220 institutional investors held Enbridge (ENB) as of Q1 2024, up from 1,197 in Q4 2023.
- Funds reported $38.2B of Enbridge stock for Q1 2024, down 1.2% quarter-over-quarter.
- 133 funds opened new Enbridge positions in Q1 2024 and 96 closed out, a net change of +37 holders.
- The largest Enbridge buyer in Q1 2024 was Goldman Sachs, an estimated $192M added.
- The largest Enbridge seller in Q1 2024 was Wellington Management Group, an estimated $787M sold.
Based on aggregated 13F filings for Q1 2024.