Fortis
272 hedge funds and large institutions have $11.5B invested in Fortis in 2021 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 96 increasing their positions, 94 reducing their positions, and 16 closing their positions.
131% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 16
12% more capital invested
Capital invested by funds: $10.3B → $11.5B (+$1.23B)
7% more funds holding
Funds holding: 255 → 272 (+17)
1.79% more ownership
Funds ownership: 48.88% → 50.67% (+1.8%)
2% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 94
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
70% less call options, than puts
Call options by funds: $17M | Put options by funds: $56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$293M |
| 2 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$81.6M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$67.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$66.5M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$97.5M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$78.4M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$67.8M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$53.6M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$40M |
FTS Hedge Fund Activity: Q4 2021 in Review
272 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q4 2021, worth a combined $11.5B — up 12% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FTS positions and 16 closed out — a net gain of 21 holders — while 96 added to existing stakes and 94 trimmed.
The largest buyer was GQG Partners, opening a new position worth an estimated $293M. The largest seller was 1832 Asset Management, cutting an estimated $97.5M.
- 272 institutional investors held Fortis (FTS) as of Q4 2021, up from 255 in Q3 2021.
- Funds reported $11.5B of Fortis stock for Q4 2021, up 12% quarter-over-quarter.
- 37 funds opened new Fortis positions in Q4 2021 and 16 closed out, a net change of +21 holders.
- The largest Fortis buyer in Q4 2021 was GQG Partners, an estimated $293M added.
- The largest Fortis seller in Q4 2021 was 1832 Asset Management, an estimated $97.5M sold.
Based on aggregated 13F filings for Q4 2021.