Enbridge
ENB
311 hedge funds and large institutions have $19.4B invested in Enbridge in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 117 increasing their positions, 117 reducing their positions, and 42 closing their positions.
2.22% more ownership
Funds ownership: 65.91% → 68.13% (+2.2%)
0% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 117
5% less funds holding
Funds holding: 329 → 311 (-18)
8% less capital invested
Capital invested by funds: $21.1B → $19.4B (-$1.66B)
18% less funds holding in top 10
Funds holding in top 10: 22 → 18 (-4)
23% less call options, than puts
Call options by funds: $56.9M | Put options by funds: $74.2M
33% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$436M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$202M |
| 3 |
Goldman Sachs
New York
|
+$145M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$137M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$314M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$107M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$92.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$75.1M |
| 5 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$67.7M |
ENB Hedge Fund Activity: Q4 2015 in Review
311 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q4 2015, worth a combined $19.4B — down 7.9% from $21.1B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of ENB and 28 opened new positions — a net loss of 14 holders — while 117 trimmed existing stakes and 117 added.
The largest buyer was Deutsche Bank, adding an estimated $436M. The largest seller was Bank of Nova Scotia, cutting an estimated $314M.
- 311 institutional investors held Enbridge (ENB) as of Q4 2015, down from 329 in Q3 2015.
- Funds reported $19.4B of Enbridge stock for Q4 2015, down 7.9% quarter-over-quarter.
- 28 funds opened new Enbridge positions in Q4 2015 and 42 closed out, a net change of -14 holders.
- The largest Enbridge buyer in Q4 2015 was Deutsche Bank, an estimated $436M added.
- The largest Enbridge seller in Q4 2015 was Bank of Nova Scotia, an estimated $314M sold.
Based on aggregated 13F filings for Q4 2015.