Enbridge
ENB
345 hedge funds and large institutions have $30B invested in Enbridge in 2016 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 129 increasing their positions, 111 reducing their positions, and 18 closing their positions.
161% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 18
27% more funds holding in top 10
Funds holding in top 10: 26 → 33 (+7)
18% more call options, than puts
Call options by funds: $94.3M | Put options by funds: $79.8M
16% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 111
12% more capital invested
Capital invested by funds: $26.9B → $30B (+$3.11B)
8% more funds holding
Funds holding: 319 → 345 (+26)
4.12% more ownership
Funds ownership: 68.28% → 72.4% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$519M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$224M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$140M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$138M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$206M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$119M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$50.9M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$46.9M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$43.8M |
ENB Hedge Fund Activity: Q3 2016 in Review
345 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q3 2016, worth a combined $30B — up 12% from $26.9B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new ENB positions and 18 closed out — a net gain of 29 holders — while 129 added to existing stakes and 111 trimmed.
The largest buyer was Capital World Investors, adding an estimated $519M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $206M.
- 345 institutional investors held Enbridge (ENB) as of Q3 2016, up from 319 in Q2 2016.
- Funds reported $30B of Enbridge stock for Q3 2016, up 12% quarter-over-quarter.
- 47 funds opened new Enbridge positions in Q3 2016 and 18 closed out, a net change of +29 holders.
- The largest Enbridge buyer in Q3 2016 was Capital World Investors, an estimated $519M added.
- The largest Enbridge seller in Q3 2016 was Manulife (Manufacturers Life Insurance), an estimated $206M sold.
Based on aggregated 13F filings for Q3 2016.