Fortis
About: Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving roughly 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
Employees: 9,800
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
45% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 29
26% more call options, than puts
Call options by funds: $57M | Put options by funds: $45.4M
17% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 96
6% more capital invested
Capital invested by funds: $11.5B [Q1] → $12.2B (+$695M) [Q2]
1% more funds holding
Funds holding: 291 [Q1] → 295 (+4) [Q2]
0.42% more ownership
Funds ownership: 50.3% [Q1] → 50.72% (+0.42%) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
Financial journalist opinion
Based on 8 articles about FTS published over the past 30 days
