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Fortis
FTS

281 hedge funds and large institutions have $10.2B invested in Fortis in 2024 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 98 increasing their positions, 100 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

116% more call options, than puts

Call options by funds: $68.4M | Put options by funds: $31.6M

48% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 23

3% more funds holding

Funds holding: 272 → 281 (+9)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

2% less repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 100

1.22% less ownership

Funds ownership: 53.05% → 51.83% (-1.2%)

5% less capital invested

Capital invested by funds: $10.8B → $10.2B (-$560M)

Holders
281
Holders Change
+9
Holders Change %
+3.31%
% of All Funds
4.05%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
34
Increased
98
Reduced
100
Closed
23
Calls
$68.4M
Puts
$31.6M
Net Calls
+$36.8M
Net Calls Change
+$26.7M

Top Buyers

1
Goldman Sachs
Goldman Sachs
New York
+$75.9M
2
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$68.9M
3
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
+$40.5M
4
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$34.1M
5
CIBC World Market
CIBC World Market
Ontario, Canada
+$30.7M

Top Sellers

1
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
-$81M
2
Fidelity International
Fidelity International
Bermuda
-$78.2M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$67.3M
4
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$60M
5
TD Asset Management
TD Asset Management
Ontario, Canada
-$59.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
PCM
276
Penserra Capital Management
California
$1K – – –
CPG
277
Cornerstone Planning Group
New Jersey
$958 +$956 +24 New
TWD
278
True Wealth Design
Ohio
$672 +$279 +7 +70%
AWM
279
Avior Wealth Management
Nebraska
$632 – – –
GWSG
280
GPS Wealth Strategies Group
Colorado
$40 – – –
HNB
281
Huntington National Bank
Ohio
$40 – – –
MSV
282
MN Services Vermogensbeheer
Netherlands
– -$9.5M -229,800 Closed
PAS
283
Point72 Asia (Singapore)
Singapore
– -$7.62M -185,100 Closed
Arrowstreet Capital
284
Arrowstreet Capital
Massachusetts
– -$7.23M -175,846 Closed
OA
285
Oxbow Advisors
Texas
– -$4.41M -107,323 Closed
QC
286
Quadrature Capital
United Kingdom
– -$3.76M -91,200 Closed
BFS
287
Baskin Financial Services
Ontario, Canada
– -$3.53M -85,825 Closed
TI
288
Trexquant Investment
Connecticut
– -$2.18M -53,116 Closed
AIM
289
Aigen Investment Management
New York
– -$1.16M -28,204 Closed
OTPPB
290
Ontario Teachers' Pension Plan Board
Ontario, Canada
– -$1.14M -27,616 Closed
UBS AM
291
UBS AM
Illinois
– -$525K -12,753 Closed
BFG
292
Bleakley Financial Group
New Jersey
– -$317K -7,698 Closed
Cerity Partners
293
Cerity Partners
New York
– -$254K -6,167 Closed
SLAM
294
Swiss Life Asset Management
– -$228K -5,509 Closed
FTDI
295
First Trust Direct Indexing
Massachusetts
– -$220K -5,340 Closed
VEA
296
Virtus ETF Advisers
New York
– -$207K -5,035 Closed
AAM
297
Advisors Asset Management
Colorado
– -$176K -4,281 Closed
ASN
298
Advisory Services Network
Georgia
– -$119K -2,901 Closed
TWM
299
Tradition Wealth Management
Minnesota
– -$80K -1,936 Closed
PFA
300
Pathway Financial Advisers
Indiana
– -$12K -291 Closed
9 10 11
12
13

FTS Hedge Fund Activity: Q1 2024 in Review

281 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q1 2024, worth a combined $10.2B — down 5.2% from $10.8B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new FTS positions and 23 closed out — a net gain of 11 holders — while 98 added to existing stakes and 100 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $75.9M. The largest seller was Toronto Dominion Bank, cutting an estimated $81M.

  • 281 institutional investors held Fortis (FTS) as of Q1 2024, up from 272 in Q4 2023.
  • Funds reported $10.2B of Fortis stock for Q1 2024, down 5.2% quarter-over-quarter.
  • 34 funds opened new Fortis positions in Q1 2024 and 23 closed out, a net change of +11 holders.
  • The largest Fortis buyer in Q1 2024 was Goldman Sachs, an estimated $75.9M added.
  • The largest Fortis seller in Q1 2024 was Toronto Dominion Bank, an estimated $81M sold.

Based on aggregated 13F filings for Q1 2024.