Enbridge
ENB
278 hedge funds and large institutions have $21.8B invested in Enbridge in 2013 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 120 increasing their positions, 91 reducing their positions, and 25 closing their positions.
627% more call options, than puts
Call options by funds: $101M | Put options by funds: $13.8M
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
32% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 91
3% more funds holding
Funds holding: 270 → 278 (+8)
1.43% more ownership
Funds ownership: 61.61% → 63.04% (+1.4%)
2% more capital invested
Capital invested by funds: $21.3B → $21.8B (+$416M)
18% less funds holding in top 10
Funds holding in top 10: 28 → 23 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$170M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$158M |
| 3 |
Jennison Associates
New York
|
+$151M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$138M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$130M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$196M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$151M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$63.9M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$36.5M |
| 5 |
USSCPF
United States Steel & Carnegie Pension Fund
New York
|
-$34.5M |
ENB Hedge Fund Activity: Q3 2013 in Review
278 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q3 2013, worth a combined $21.8B — up 1.9% from $21.3B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ENB positions and 25 closed out — a net gain of 12 holders — while 120 added to existing stakes and 91 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $170M. The largest seller was Fidelity Investments, cutting an estimated $196M.
- 278 institutional investors held Enbridge (ENB) as of Q3 2013, up from 270 in Q2 2013.
- Funds reported $21.8B of Enbridge stock for Q3 2013, up 1.9% quarter-over-quarter.
- 37 funds opened new Enbridge positions in Q3 2013 and 25 closed out, a net change of +12 holders.
- The largest Enbridge buyer in Q3 2013 was Wellington Management Group, an estimated $170M added.
- The largest Enbridge seller in Q3 2013 was Fidelity Investments, an estimated $196M sold.
Based on aggregated 13F filings for Q3 2013.