Enbridge
ENB
305 hedge funds and large institutions have $24.1B invested in Enbridge in 2014 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 125 increasing their positions, 100 reducing their positions, and 27 closing their positions.
351% more call options, than puts
Call options by funds: $94.9M | Put options by funds: $21.1M
30% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 27
25% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 100
6% more capital invested
Capital invested by funds: $22.7B → $24.1B (+$1.39B)
2% more funds holding
Funds holding: 299 → 305 (+6)
1.08% more ownership
Funds ownership: 62.85% → 63.93% (+1.1%)
8% less funds holding in top 10
Funds holding in top 10: 26 → 24 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$308M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$103M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$80.5M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$79.9M |
| 5 |
Bank of New York Mellon
New York
|
+$69.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$180M |
| 2 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$77.9M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$53.6M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$50.9M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$48.8M |
ENB Hedge Fund Activity: Q1 2014 in Review
305 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q1 2014, worth a combined $24.1B — up 6.1% from $22.7B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ENB positions and 27 closed out — a net gain of 8 holders — while 125 added to existing stakes and 100 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $308M. The largest seller was Fidelity Investments, cutting an estimated $180M.
- 305 institutional investors held Enbridge (ENB) as of Q1 2014, up from 299 in Q4 2013.
- Funds reported $24.1B of Enbridge stock for Q1 2014, up 6.1% quarter-over-quarter.
- 35 funds opened new Enbridge positions in Q1 2014 and 27 closed out, a net change of +8 holders.
- The largest Enbridge buyer in Q1 2014 was Wellington Management Group, an estimated $308M added.
- The largest Enbridge seller in Q1 2014 was Fidelity Investments, an estimated $180M sold.
Based on aggregated 13F filings for Q1 2014.