Enbridge
ENB
1,166 hedge funds and large institutions have $36.2B invested in Enbridge in 2023 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 484 increasing their positions, 404 reducing their positions, and 91 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 484 | Existing positions reduced: 404
8% more funds holding in top 10
Funds holding in top 10: 36 → 39 (+3)
1.73% more ownership
Funds ownership: 49.7% → 51.43% (+1.7%)
4% less capital invested
Capital invested by funds: $37.7B → $36.2B (-$1.44B)
3% less funds holding
Funds holding: 1,197 → 1,166 (-31)
12% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 91
42% less call options, than puts
Call options by funds: $422M | Put options by funds: $731M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$997M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$251M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$195M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$187M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$176M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
-$392M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$207M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$138M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$78M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$68.2M |
ENB Hedge Fund Activity: Q3 2023 in Review
1,166 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q3 2023, worth a combined $36.2B — down 3.8% from $37.7B a quarter earlier.
Sellers outnumbered buyers: 91 funds closed out of ENB and 80 opened new positions — a net loss of 11 holders — while 404 trimmed existing stakes and 484 added.
The largest buyer was Wellington Management Group, adding an estimated $997M. The largest seller was MUFG Securities EMEA, exiting entirely with an estimated $392M sold.
- 1,166 institutional investors held Enbridge (ENB) as of Q3 2023, down from 1,197 in Q2 2023.
- Funds reported $36.2B of Enbridge stock for Q3 2023, down 3.8% quarter-over-quarter.
- 80 funds opened new Enbridge positions in Q3 2023 and 91 closed out, a net change of -11 holders.
- The largest Enbridge buyer in Q3 2023 was Wellington Management Group, an estimated $997M added.
- The largest Enbridge seller in Q3 2023 was MUFG Securities EMEA, an estimated $392M sold.
Based on aggregated 13F filings for Q3 2023.