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Enbridge

844 hedge funds and large institutions have $42.4B invested in Enbridge in 2017 Q4 according to their latest regulatory filings, with 130 funds opening new positions, 276 increasing their positions, 305 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more call options, than puts

Call options by funds: $174M | Put options by funds: $90.6M

71% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 76

6% more funds holding

Funds holding: 797844 (+47)

2.11% more ownership

Funds ownership: 63.16%65.27% (+2.1%)

3% less capital invested

Capital invested by funds: $43.6B → $42.4B (-$1.18B)

10% less repeat investments, than reductions

Existing positions increased: 276 | Existing positions reduced: 305

10% less funds holding in top 10

Funds holding in top 10: 4944 (-5)

Holders
844
Holders Change
+47
Holders Change %
+5.9%
% of All Funds
19.14%
Holding in Top 10
44
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-10.2%
% of All Funds
1%
New
130
Increased
276
Reduced
305
Closed
76
Calls
$174M
Puts
$90.6M
Net Calls
+$83.2M
Net Calls Change
-$10.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$5.73B -$278M -7,216,046 -5%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$4.02B +$209M +5,426,743 +6%
Capital International Investors
3
Capital International Investors
California
$2.11B +$498M +12,944,197 +31%
Caisse de Depot et Placement du Quebec (CDPQ)
4
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.97B +$145M +3,768,790 +8%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$1.8B +$33.3M +864,895 +2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$1.71B +$73.9M +1,920,908 +5%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$1.53B +$10.3M +266,576 +0.7%
Mackenzie Financial
8
Mackenzie Financial
Ontario, Canada
$1.42B +$1.24B +32,191,347 +791%
JFL
9
Jarislowsky, Fraser Ltd
Quebec, Canada
$945M +$61.4M +1,594,953 +7%
Capital Research Global Investors
10
Capital Research Global Investors
California
$943M +$225M +5,847,409 +32%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$863M +$87M +2,260,733 +11%
Deutsche Bank
12
Deutsche Bank
Germany
$862M -$204M -5,305,294 -19%
CIBC World Market
13
CIBC World Market
Ontario, Canada
$814M +$16.1M +417,590 +2%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$807M -$269M -6,992,531 -25%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$724M +$393M +10,214,307 +123%
Norges Bank
16
Norges Bank
Norway
$627M +$11.7M +305,377 +2%
1832 Asset Management
17
1832 Asset Management
Ontario, Canada
$569M -$36.3M -944,332 -6%
OAC
18
OMERS Administration Corp
Ontario, Canada
$499M +$31M +807,069 +7%
Canada Life
19
Canada Life
Manitoba, Canada
$421M -$5.81M -151,150 -1%
Legal & General Group
20
Legal & General Group
United Kingdom
$416M +$27.1M +703,807 +7%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$412M -$34.6M -899,890 -8%
State Street
22
State Street
Massachusetts
$391M -$11.7M -305,260 -3%
Massachusetts Financial Services
23
Massachusetts Financial Services
Massachusetts
$389M +$18M +468,945 +5%
CBOA
24
Commonwealth Bank of Australia
Australia
$382M -$12M -311,180 -3%
Franklin Resources
25
Franklin Resources
California
$380M +$1.01M +26,189 +0.3%

ENB Hedge Fund Activity: Q4 2017 in Review

844 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q4 2017, worth a combined $42.4B — down 2.7% from $43.6B a quarter earlier.

Buyers outnumbered sellers: 130 funds opened new ENB positions and 76 closed out — a net gain of 54 holders — while 276 added to existing stakes and 305 trimmed.

The largest buyer was Mackenzie Financial, adding an estimated $1.24B. The largest seller was Capital World Investors, cutting an estimated $278M.

  • 844 institutional investors held Enbridge (ENB) as of Q4 2017, up from 797 in Q3 2017.
  • Funds reported $42.4B of Enbridge stock for Q4 2017, down 2.7% quarter-over-quarter.
  • 130 funds opened new Enbridge positions in Q4 2017 and 76 closed out, a net change of +54 holders.
  • The largest Enbridge buyer in Q4 2017 was Mackenzie Financial, an estimated $1.24B added.
  • The largest Enbridge seller in Q4 2017 was Capital World Investors, an estimated $278M sold.

Based on aggregated 13F filings for Q4 2017.