Enbridge
ENB
1,196 hedge funds and large institutions have $39.9B invested in Enbridge in 2023 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 463 increasing their positions, 433 reducing their positions, and 79 closing their positions.
14% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 79
7% more repeat investments, than reductions
Existing positions increased: 463 | Existing positions reduced: 433
0.34% less ownership
Funds ownership: 50.74% → 50.39% (-0.34%)
1% less capital invested
Capital invested by funds: $40.2B → $39.9B (-$304M)
1% less funds holding
Funds holding: 1,214 → 1,196 (-18)
24% less funds holding in top 10
Funds holding in top 10: 46 → 35 (-11)
43% less call options, than puts
Call options by funds: $470M | Put options by funds: $820M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$428M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$212M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$204M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$168M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$167M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$555M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$378M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$323M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$171M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$130M |
ENB Hedge Fund Activity: Q1 2023 in Review
1,196 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q1 2023, worth a combined $39.9B — down 0.76% from $40.2B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new ENB positions and 79 closed out — a net gain of 11 holders — while 463 added to existing stakes and 433 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $428M. The largest seller was Goldman Sachs, cutting an estimated $555M.
- 1,196 institutional investors held Enbridge (ENB) as of Q1 2023, down from 1,214 in Q4 2022.
- Funds reported $39.9B of Enbridge stock for Q1 2023, down 0.76% quarter-over-quarter.
- 90 funds opened new Enbridge positions in Q1 2023 and 79 closed out, a net change of +11 holders.
- The largest Enbridge buyer in Q1 2023 was Bank of Nova Scotia, an estimated $428M added.
- The largest Enbridge seller in Q1 2023 was Goldman Sachs, an estimated $555M sold.
Based on aggregated 13F filings for Q1 2023.