Fortis
286 hedge funds and large institutions have $10.7B invested in Fortis in 2022 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 108 increasing their positions, 93 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
73% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 22
16% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 93
4% more funds holding
Funds holding: 274 → 286 (+12)
1.1% more ownership
Funds ownership: 50.07% → 51.16% (+1.1%)
10% less capital invested
Capital invested by funds: $11.8B → $10.7B (-$1.18B)
65% less call options, than puts
Call options by funds: $23.5M | Put options by funds: $68M
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BSWA
301
Bromfield Sneider Wealth Advisors
Westwood,
Massachusetts
| – | -$12K | -235 | Closed |
|
|
PFS
302
Prospera Financial Services
Dallas,
Texas
| – | -$7K | -139 | Closed |
|
303
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -112 | Closed |
|
|
EWA
304
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$3K | -56 | Closed |
|
|
TFGT
305
TS Financial Group (TSFG)
Lake Forest,
Illinois
| – | -$3K | -53 | Closed |
|
306
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -46 | Closed |
|
|
GAM
307
Gemmer Asset Management
Walnut Creek,
California
| – | -$1K | -36 | Closed |
|
|
AWM
308
Avior Wealth Management
Omaha,
Nebraska
| – | +$98 | +2 | +14% |
|
FTS Hedge Fund Activity: Q2 2022 in Review
286 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q2 2022, worth a combined $10.7B — down 10% from $11.8B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new FTS positions and 22 closed out — a net gain of 16 holders — while 108 added to existing stakes and 93 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $119M. The largest seller was Value Partners Investments, cutting an estimated $44M.
- 286 institutional investors held Fortis (FTS) as of Q2 2022, up from 274 in Q1 2022.
- Funds reported $10.7B of Fortis stock for Q2 2022, down 10% quarter-over-quarter.
- 38 funds opened new Fortis positions in Q2 2022 and 22 closed out, a net change of +16 holders.
- The largest Fortis buyer in Q2 2022 was Bank of Nova Scotia, an estimated $119M added.
- The largest Fortis seller in Q2 2022 was Value Partners Investments, an estimated $44M sold.
Based on aggregated 13F filings for Q2 2022.