Fortis
297 hedge funds and large institutions have $10.5B invested in Fortis in 2024 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 117 increasing their positions, 89 reducing their positions, and 28 closing their positions.
192% more call options, than puts
Call options by funds: $54.5M | Put options by funds: $18.7M
43% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 28
31% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 89
2% more funds holding
Funds holding: 290 → 297 (+7)
1.33% less ownership
Funds ownership: 52.08% → 50.75% (-1.3%)
11% less capital invested
Capital invested by funds: $11.7B → $10.5B (-$1.23B)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
Top Sellers
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$149M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$81.6M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$79.8M |
| 4 |
Goldman Sachs
New York
|
-$39.9M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$38.2M |
FTS Hedge Fund Activity: Q4 2024 in Review
297 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q4 2024, worth a combined $10.5B — down 11% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FTS positions and 28 closed out — a net gain of 12 holders — while 117 added to existing stakes and 89 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $81M. The largest seller was Fidelity International, cutting an estimated $149M.
- 297 institutional investors held Fortis (FTS) as of Q4 2024, up from 290 in Q3 2024.
- Funds reported $10.5B of Fortis stock for Q4 2024, down 11% quarter-over-quarter.
- 40 funds opened new Fortis positions in Q4 2024 and 28 closed out, a net change of +12 holders.
- The largest Fortis buyer in Q4 2024 was Geode Capital Management, an estimated $81M added.
- The largest Fortis seller in Q4 2024 was Fidelity International, an estimated $149M sold.
Based on aggregated 13F filings for Q4 2024.