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Enbridge

1,271 hedge funds and large institutions have $44.6B invested in Enbridge in 2024 Q3 according to their latest regulatory filings, with 134 funds opening new positions, 489 increasing their positions, 433 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 134 | Existing positions closed: 86

14% more capital invested

Capital invested by funds: $38.9B → $44.6B (+$5.64B)

13% more repeat investments, than reductions

Existing positions increased: 489 | Existing positions reduced: 433

3% more funds holding

Funds holding: 1,2361,271 (+35)

0% more funds holding in top 10

Funds holding in top 10: 3333 (0)

0.86% less ownership

Funds ownership: 51.4%50.54% (-0.86%)

18% less call options, than puts

Call options by funds: $466M | Put options by funds: $567M

Holders
1,271
Holders Change
+35
Holders Change %
+2.83%
% of All Funds
18.25%
Holding in Top 10
33
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.47%
New
134
Increased
489
Reduced
433
Closed
86
Calls
$466M
Puts
$567M
Net Calls
-$102M
Net Calls Change
-$57.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$4.82B -$444M -11,514,391 -9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.58B +$67M +1,738,334 +2%
GQG Partners
3
GQG Partners
Florida
$2.96B +$843M +21,897,888 +43%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$2.38B -$100M -2,598,750 -4%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$1.54B +$26.7M +692,882 +2%
1832 Asset Management
6
1832 Asset Management
Ontario, Canada
$1.49B +$29.8M +773,446 +2%
Deutsche Bank
7
Deutsche Bank
Germany
$1.3B -$20.4M -528,947 -2%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$1.15B -$161M -4,170,551 -13%
Bank of Nova Scotia
9
Bank of Nova Scotia
Ontario, Canada
$986M -$282M -7,320,612 -23%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$984M +$36.1M +936,863 +4%
Goldman Sachs
11
Goldman Sachs
New York
$914M +$238M +6,189,546 +38%
Barrow, Hanley, Mewhinney & Strauss
12
Barrow, Hanley, Mewhinney & Strauss
Texas
$853M -$80.4M -2,088,424 -9%
Norges Bank
13
Norges Bank
Norway
$846M +$2.17M +56,212 +0.3%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$805M -$43.3M -1,125,338 -5%
ClearBridge Investments
15
ClearBridge Investments
New York
$797M +$31.2M +808,936 +4%
Legal & General Group
16
Legal & General Group
United Kingdom
$767M +$10.3M +267,304 +1%
Mackenzie Financial
17
Mackenzie Financial
Ontario, Canada
$754M -$76.9M -1,996,974 -10%
National Bank of Canada
18
National Bank of Canada
Quebec, Canada
$738M +$79.4M +2,061,758 +13%
JP Morgan Chase
19
JP Morgan Chase
New York
$656M +$6.81M +176,733 +1%
Toronto Dominion Bank
20
Toronto Dominion Bank
Ontario, Canada
$616M -$31.5M -818,386 -5%
SC
21
Scotia Capital
Ontario, Canada
$579M +$2.42M +62,933 +0.4%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$499M +$103M +2,668,692 +28%
Bank of America
23
Bank of America
North Carolina
$467M -$135M -3,503,162 -23%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$446M -$21.5M -557,315 -5%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$416M +$38M +985,546 +11%

ENB Hedge Fund Activity: Q3 2024 in Review

1,271 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q3 2024, worth a combined $44.6B — up 14% from $38.9B a quarter earlier.

Buyers outnumbered sellers: 134 funds opened new ENB positions and 86 closed out — a net gain of 48 holders — while 489 added to existing stakes and 433 trimmed.

The largest buyer was GQG Partners, adding an estimated $843M. The largest seller was Royal Bank of Canada, cutting an estimated $444M.

  • 1,271 institutional investors held Enbridge (ENB) as of Q3 2024, up from 1,236 in Q2 2024.
  • Funds reported $44.6B of Enbridge stock for Q3 2024, up 14% quarter-over-quarter.
  • 134 funds opened new Enbridge positions in Q3 2024 and 86 closed out, a net change of +48 holders.
  • The largest Enbridge buyer in Q3 2024 was GQG Partners, an estimated $843M added.
  • The largest Enbridge seller in Q3 2024 was Royal Bank of Canada, an estimated $444M sold.

Based on aggregated 13F filings for Q3 2024.