Enbridge
ENB
1,437 hedge funds and large institutions have $51.5B invested in Enbridge in 2025 Q4 according to their latest regulatory filings, with 159 funds opening new positions, 506 increasing their positions, 499 reducing their positions, and 98 closing their positions.
62% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 98
2% more funds holding
Funds holding: 1,410 → 1,437 (+27)
1% more repeat investments, than reductions
Existing positions increased: 506 | Existing positions reduced: 499
0.45% less ownership
Funds ownership: 49.73% → 49.27% (-0.45%)
6% less capital invested
Capital invested by funds: $54.8B → $51.5B (-$3.23B)
26% less funds holding in top 10
Funds holding in top 10: 46 → 34 (-12)
43% less call options, than puts
Call options by funds: $518M | Put options by funds: $914M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$231M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$140M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$131M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$127M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$98.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.08B |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$522M |
| 3 |
ClearBridge Investments
New York
|
-$295M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$153M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$126M |
ENB Hedge Fund Activity: Q4 2025 in Review
1,437 of the 8,261 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q4 2025, worth a combined $51.5B — down 5.9% from $54.8B a quarter earlier.
Buyers outnumbered sellers: 159 funds opened new ENB positions and 98 closed out — a net gain of 61 holders — while 506 added to existing stakes and 499 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $231M. The largest seller was Royal Bank of Canada, cutting an estimated $1.08B.
- 1,437 institutional investors held Enbridge (ENB) as of Q4 2025, up from 1,410 in Q3 2025.
- Funds reported $51.5B of Enbridge stock for Q4 2025, down 5.9% quarter-over-quarter.
- 159 funds opened new Enbridge positions in Q4 2025 and 98 closed out, a net change of +61 holders.
- The largest Enbridge buyer in Q4 2025 was Goldman Sachs, an estimated $231M added.
- The largest Enbridge seller in Q4 2025 was Royal Bank of Canada, an estimated $1.08B sold.
Based on aggregated 13F filings for Q4 2025.