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274 hedge funds and large institutions have $11.8B invested in Fortis in 2022 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 107 increasing their positions, 90 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 24

19% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 90

3% more capital invested

Capital invested by funds: $11.5B → $11.8B (+$319M)

1% more funds holding

Funds holding: 272274 (+2)

0.61% less ownership

Funds ownership: 50.67%50.07% (-0.61%)

48% less call options, than puts

Call options by funds: $29.7M | Put options by funds: $57.2M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
274
Holders Change
+2
Holders Change %
+0.74%
% of All Funds
4.32%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
30
Increased
107
Reduced
90
Closed
24
Calls
$29.7M
Puts
$57.2M
Net Calls
-$27.5M
Net Calls Change
+$11.4M
Name Holding Trade Value Shares
Change
Change in
Stake
PAMS
76
Pictet Asset Management (Switzerland)
Switzerland
$9.37M +$255K +5,431 +3%
SFI
77
Susquehanna Fundamental Investments
Pennsylvania
$9.22M +$3.22M +68,598 +58%
LBA
78
Letko, Brosseau & Associates
Quebec, Canada
$8.58M +$28.1K +600 +0.3%
Jones Financial Companies
79
Jones Financial Companies
Missouri
$8.19M +$85K +1,812 +1%
Wells Fargo
80
Wells Fargo
California
$8.07M -$3.33K -71 -0%
HAI
81
Hennessy Advisors Inc
California
$7.91M -$310K -6,600 -4%
Russell Investments Group
82
Russell Investments Group
United Kingdom
$7.89M -$865K -18,446 -10%
BC
83
Brookfield Corp
Ontario, Canada
$7.76M +$7.35M +156,660 New
Citigroup
84
Citigroup
New York
$7.48M +$1.37M +29,222 +24%
Qube Research & Technologies (QRT)
85
Qube Research & Technologies (QRT)
United Kingdom
$7.44M +$6.41M +136,715 +1,010%
BCM
86
Barometer Capital Management
Ontario, Canada
$7.29M -$8.25M -175,820 -60%
Korea Investment Corp
87
Korea Investment Corp
South Korea
$7.04M +$901K +19,200 +16%
IAIM
88
Industrial Alliance Investment Management
Quebec, Canada
$6.62M +$1.61M +34,242 +34%
N
89
Natixis
France
$6.5M +$1.5M +32,049 +32%
UIM
90
USS Investment Management
United Kingdom
$6.16M +$1.01M +21,482 +21%
MHI
91
Miller Howard Investments
New York
$6.05M +$194K +4,135 +4%
Amundi
92
Amundi
France
$5.92M -$362K -7,709 -6%
IMPI
93
Ilmarinen Mutual Pension Insurance
Finland
$5.88M -$1.38M -29,501 -20%
Zurich Cantonal Bank
94
Zurich Cantonal Bank
Switzerland
$5.41M +$705K +15,035 +16%
FMII
95
Farmers & Merchants Investments Inc
Nebraska
$5.31M +$92.1K +1,964 +2%
VanEck Associates
96
VanEck Associates
New York
$5.28M +$842K +17,941 +20%
KOCAA
97
Knights of Columbus Asset Advisors
Connecticut
$5.14M +$97K +2,067 +2%
HM
98
Heronetta Management
New York
$4.95M
BFS
99
Baskin Financial Services
Ontario, Canada
$4.86M -$63.5K -1,354 -1%
HSBC Holdings
100
HSBC Holdings
United Kingdom
$4.82M -$8.17M -174,083 -64%

FTS Hedge Fund Activity: Q1 2022 in Review

274 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q1 2022, worth a combined $11.8B — up 2.8% from $11.5B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new FTS positions and 24 closed out — a net gain of 6 holders — while 107 added to existing stakes and 90 trimmed.

The largest buyer was GQG Partners, adding an estimated $103M. The largest seller was Bank of Nova Scotia, cutting an estimated $99.7M.

  • 274 institutional investors held Fortis (FTS) as of Q1 2022, up from 272 in Q4 2021.
  • Funds reported $11.8B of Fortis stock for Q1 2022, up 2.8% quarter-over-quarter.
  • 30 funds opened new Fortis positions in Q1 2022 and 24 closed out, a net change of +6 holders.
  • The largest Fortis buyer in Q1 2022 was GQG Partners, an estimated $103M added.
  • The largest Fortis seller in Q1 2022 was Bank of Nova Scotia, an estimated $99.7M sold.

Based on aggregated 13F filings for Q1 2022.