Fortis
246 hedge funds and large institutions have $7.59B invested in Fortis in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 90 increasing their positions, 78 reducing their positions, and 36 closing their positions.
364% more call options, than puts
Call options by funds: $19.6M | Put options by funds: $4.23M
15% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 78
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.49% less ownership
Funds ownership: 53.15% → 52.66% (-0.49%)
2% less funds holding
Funds holding: 252 → 246 (-6)
8% less capital invested
Capital invested by funds: $8.25B → $7.59B (-$656M)
14% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 36
Top Buyers
Top Sellers
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$105M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$85.5M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$69.5M |
| 4 |
Morgan Stanley
New York
|
-$39.2M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$37.3M |
FTS Hedge Fund Activity: Q1 2018 in Review
246 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q1 2018, worth a combined $7.59B — down 8% from $8.25B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FTS and 31 opened new positions — a net loss of 5 holders — while 78 trimmed existing stakes and 90 added.
The largest buyer was Mackenzie Financial, adding an estimated $97.4M. The largest seller was 1832 Asset Management, cutting an estimated $105M.
- 246 institutional investors held Fortis (FTS) as of Q1 2018, down from 252 in Q4 2017.
- Funds reported $7.59B of Fortis stock for Q1 2018, down 8% quarter-over-quarter.
- 31 funds opened new Fortis positions in Q1 2018 and 36 closed out, a net change of -5 holders.
- The largest Fortis buyer in Q1 2018 was Mackenzie Financial, an estimated $97.4M added.
- The largest Fortis seller in Q1 2018 was 1832 Asset Management, an estimated $105M sold.
Based on aggregated 13F filings for Q1 2018.