Enbridge
ENB
323 hedge funds and large institutions have $25.4B invested in Enbridge in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 129 increasing their positions, 117 reducing their positions, and 24 closing their positions.
630% more call options, than puts
Call options by funds: $133M | Put options by funds: $18.2M
21% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 24
10% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 117
1% more funds holding
Funds holding: 319 → 323 (+4)
1% less capital invested
Capital invested by funds: $25.6B → $25.4B (-$174M)
1.88% less ownership
Funds ownership: 64.54% → 62.66% (-1.9%)
11% less funds holding in top 10
Funds holding in top 10: 28 → 25 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$311M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$306M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$41.6M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$39.9M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$39.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$366M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$295M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$172M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$90.3M |
| 5 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
-$74.6M |
ENB Hedge Fund Activity: Q3 2014 in Review
323 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q3 2014, worth a combined $25.4B — down 0.68% from $25.6B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ENB positions and 24 closed out — a net gain of 5 holders — while 129 added to existing stakes and 117 trimmed.
The largest buyer was Highfields Capital Management, opening a new position worth an estimated $311M. The largest seller was Norges Bank, cutting an estimated $366M.
- 323 institutional investors held Enbridge (ENB) as of Q3 2014, up from 319 in Q2 2014.
- Funds reported $25.4B of Enbridge stock for Q3 2014, down 0.68% quarter-over-quarter.
- 29 funds opened new Enbridge positions in Q3 2014 and 24 closed out, a net change of +5 holders.
- The largest Enbridge buyer in Q3 2014 was Highfields Capital Management, an estimated $311M added.
- The largest Enbridge seller in Q3 2014 was Norges Bank, an estimated $366M sold.
Based on aggregated 13F filings for Q3 2014.