Enbridge
ENB
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.
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: 1,165 → 1,197 (+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: 39 → 35 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$306M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$254M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$249M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$137M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$125M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$412M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$407M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$169M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$130M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$126M |
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.