Enbridge
ENB
341 hedge funds and large institutions have $29.5B invested in Enbridge in 2016 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 145 increasing their positions, 95 reducing their positions, and 44 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 95
1.76% more ownership
Funds ownership: 72.4% → 74.16% (+1.8%)
7% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 44
2% less capital invested
Capital invested by funds: $30B → $29.5B (-$542M)
8% less call options, than puts
Call options by funds: $74.3M | Put options by funds: $80.9M
1% less funds holding
Funds holding: 345 → 341 (-4)
6% less funds holding in top 10
Funds holding in top 10: 33 → 31 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$459M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$241M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$163M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$159M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$222M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$198M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$132M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$98M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$82.1M |
ENB Hedge Fund Activity: Q4 2016 in Review
341 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q4 2016, worth a combined $29.5B — down 1.8% from $30B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new ENB positions and 44 closed out — a net gain of 3 holders — while 145 added to existing stakes and 95 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $459M. The largest seller was Wellington Management Group, cutting an estimated $222M.
- 341 institutional investors held Enbridge (ENB) as of Q4 2016, down from 345 in Q3 2016.
- Funds reported $29.5B of Enbridge stock for Q4 2016, down 1.8% quarter-over-quarter.
- 47 funds opened new Enbridge positions in Q4 2016 and 44 closed out, a net change of +3 holders.
- The largest Enbridge buyer in Q4 2016 was 1832 Asset Management, an estimated $459M added.
- The largest Enbridge seller in Q4 2016 was Wellington Management Group, an estimated $222M sold.
Based on aggregated 13F filings for Q4 2016.