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Enbridge

1,197 hedge funds and large institutions have $38.7B invested in Enbridge in 2023 Q4 according to their latest regulatory filings, with 147 funds opening new positions, 383 increasing their positions, 485 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 98

7% more capital invested

Capital invested by funds: $36.2B → $38.7B (+$2.41B)

3% more funds holding

Funds holding: 1,1651,197 (+32)

1.17% less ownership

Funds ownership: 51.43%50.26% (-1.2%)

10% less funds holding in top 10

Funds holding in top 10: 3935 (-4)

17% less call options, than puts

Call options by funds: $550M | Put options by funds: $659M

21% less repeat investments, than reductions

Existing positions increased: 383 | Existing positions reduced: 485

Holders
1,197
Holders Change
+32
Holders Change %
+2.75%
% of All Funds
17.45%
Holding in Top 10
35
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-10.26%
% of All Funds
0.51%
New
147
Increased
383
Reduced
485
Closed
98
Calls
$550M
Puts
$659M
Net Calls
-$109M
Net Calls Change
+$200M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.05B -$407M -12,066,895 -8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.99B +$52.7M +1,561,598 +2%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$2.07B -$412M -12,211,261 -18%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.37B +$254M +7,536,678 +25%
1832 Asset Management
5
1832 Asset Management
Ontario, Canada
$1.27B +$28.6M +846,796 +2%
Deutsche Bank
6
Deutsche Bank
Germany
$1.25B -$5.19M -154,046 -0.4%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$1.17B +$137M +4,072,186 +14%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$1.12B -$50.2M -1,487,995 -5%
Bank of Nova Scotia
9
Bank of Nova Scotia
Ontario, Canada
$1.08B +$64.4M +1,910,302 +7%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$807M +$55.3M +1,641,245 +8%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$793M -$17M -503,068 -2%
Manulife (Manufacturers Life Insurance)
12
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$791M +$97.6M +2,895,742 +15%
Legal & General Group
13
Legal & General Group
United Kingdom
$737M +$65.3M +1,935,530 +10%
Barrow, Hanley, Mewhinney & Strauss
14
Barrow, Hanley, Mewhinney & Strauss
Texas
$727M +$19.6M +580,403 +3%
Norges Bank
15
Norges Bank
Norway
$715M -$24.4M -723,130 -4%
National Bank of Canada
16
National Bank of Canada
Quebec, Canada
$706M +$42.9M +1,272,213 +7%
ClearBridge Investments
17
ClearBridge Investments
New York
$690M +$69M +2,046,879 +12%
Morgan Stanley
18
Morgan Stanley
New York
$611M +$306M +9,078,852 +115%
JP Morgan Chase
19
JP Morgan Chase
New York
$575M +$43.6M +1,293,120 +9%
Fidelity International
20
Fidelity International
Bermuda
$559M -$130M -3,868,666 -20%
SC
21
Scotia Capital
Ontario, Canada
$478M +$22.4M +663,063 +5%
Toronto Dominion Bank
22
Toronto Dominion Bank
Ontario, Canada
$469M +$6.27M +185,857 +1%
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$413M +$249M +7,394,665 +181%
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$403M -$61.3M -1,817,183 -14%
Bank of America
25
Bank of America
North Carolina
$398M -$6.22M -184,333 -2%

ENB Hedge Fund Activity: Q4 2023 in Review

1,197 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q4 2023, worth a combined $38.7B — up 6.6% from $36.2B a quarter earlier.

Buyers outnumbered sellers: 147 funds opened new ENB positions and 98 closed out — a net gain of 49 holders — while 383 added to existing stakes and 485 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $306M. The largest seller was Bank of Montreal, cutting an estimated $412M.

  • 1,197 institutional investors held Enbridge (ENB) as of Q4 2023, up from 1,165 in Q3 2023.
  • Funds reported $38.7B of Enbridge stock for Q4 2023, up 6.6% quarter-over-quarter.
  • 147 funds opened new Enbridge positions in Q4 2023 and 98 closed out, a net change of +49 holders.
  • The largest Enbridge buyer in Q4 2023 was Morgan Stanley, an estimated $306M added.
  • The largest Enbridge seller in Q4 2023 was Bank of Montreal, an estimated $412M sold.

Based on aggregated 13F filings for Q4 2023.