Enbridge
ENB
964 hedge funds and large institutions have $36B invested in Enbridge in 2018 Q4 according to their latest regulatory filings, with 204 funds opening new positions, 424 increasing their positions, 233 reducing their positions, and 75 closing their positions.
172% more first-time investments, than exits
New positions opened: 204 | Existing positions closed: 75
85% more funds holding in top 10
Funds holding in top 10: 34 → 63 (+29)
82% more repeat investments, than reductions
Existing positions increased: 424 | Existing positions reduced: 233
14% more funds holding
Funds holding: 844 → 964 (+120)
9% more capital invested
Capital invested by funds: $33.1B → $36B (+$2.94B)
2.19% less ownership
Funds ownership: 59.52% → 57.32% (-2.2%)
13% less call options, than puts
Call options by funds: $130M | Put options by funds: $148M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$631M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$342M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$330M |
| 4 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$272M |
| 5 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$226M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$190M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$169M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$143M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$131M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$94.5M |
ENB Hedge Fund Activity: Q4 2018 in Review
964 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q4 2018, worth a combined $36B — up 8.9% from $33.1B a quarter earlier.
Buyers outnumbered sellers: 204 funds opened new ENB positions and 75 closed out — a net gain of 129 holders — while 424 added to existing stakes and 233 trimmed.
The largest buyer was Fidelity International, adding an estimated $631M. The largest seller was OMERS Administration Corp, cutting an estimated $190M.
- 964 institutional investors held Enbridge (ENB) as of Q4 2018, up from 844 in Q3 2018.
- Funds reported $36B of Enbridge stock for Q4 2018, up 8.9% quarter-over-quarter.
- 204 funds opened new Enbridge positions in Q4 2018 and 75 closed out, a net change of +129 holders.
- The largest Enbridge buyer in Q4 2018 was Fidelity International, an estimated $631M added.
- The largest Enbridge seller in Q4 2018 was OMERS Administration Corp, an estimated $190M sold.
Based on aggregated 13F filings for Q4 2018.