Enbridge
ENB
319 hedge funds and large institutions have $25.6B invested in Enbridge in 2014 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 135 increasing their positions, 99 reducing their positions, and 21 closing their positions.
1,108% more call options, than puts
Call options by funds: $145M | Put options by funds: $12M
76% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 21
36% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 99
17% more funds holding in top 10
Funds holding in top 10: 24 → 28 (+4)
6% more capital invested
Capital invested by funds: $24.2B → $25.6B (+$1.37B)
5% more funds holding
Funds holding: 305 → 319 (+14)
0.61% more ownership
Funds ownership: 63.93% → 64.54% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$351M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$187M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$98.9M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$87M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$72.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$214M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$137M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$136M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$105M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$66.9M |
ENB Hedge Fund Activity: Q2 2014 in Review
319 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q2 2014, worth a combined $25.6B — up 5.7% from $24.2B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ENB positions and 21 closed out — a net gain of 16 holders — while 135 added to existing stakes and 99 trimmed.
The largest buyer was Norges Bank, adding an estimated $351M. The largest seller was Fidelity Investments, cutting an estimated $214M.
- 319 institutional investors held Enbridge (ENB) as of Q2 2014, up from 305 in Q1 2014.
- Funds reported $25.6B of Enbridge stock for Q2 2014, up 5.7% quarter-over-quarter.
- 37 funds opened new Enbridge positions in Q2 2014 and 21 closed out, a net change of +16 holders.
- The largest Enbridge buyer in Q2 2014 was Norges Bank, an estimated $351M added.
- The largest Enbridge seller in Q2 2014 was Fidelity Investments, an estimated $214M sold.
Based on aggregated 13F filings for Q2 2014.