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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: 272281 (+9)

0% more funds holding in top 10

Funds holding in top 10: 22 (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
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
76
Wells Fargo
California
$6.56M +$664K +16,682 +11%
UBS Group
77
UBS Group
Switzerland
$6.35M -$1.35M -33,897 -17%
PP
78
Prudential plc
United Kingdom
$6.28M -$242K -6,081 -4%
Balyasny Asset Management
79
Balyasny Asset Management
Illinois
$6.11M +$6.16M +154,601 New
Citigroup
80
Citigroup
New York
$6.06M +$1.79M +44,957 +42%
LI
81
Louisbourg Investments
New Brunswick, Canada
$5.95M +$4.33M +108,729 +261%
Northern Trust
82
Northern Trust
Illinois
$5.76M -$1.38M -34,765 -19%
FAF
83
Första AP-fonden
Sweden
$5.73M +$566K +14,200 +11%
VPI
84
Value Partners Investments
Manitoba, Canada
$5.24M +$18.2K +458 +0.3%
Envestnet Asset Management
85
Envestnet Asset Management
Illinois
$5.23M -$1.24M -31,176 -19%
Russell Investments Group
86
Russell Investments Group
United Kingdom
$5.2M -$3.5M -87,962 -40%
HAI
87
Hennessy Advisors Inc
California
$4.71M -$315K -7,900 -6%
DZ Bank
88
DZ Bank
Germany
$4.7M -$25.2M -632,802 -84%
HM
89
Heronetta Management
New York
$4.6M
VanEck Associates
90
VanEck Associates
New York
$4.55M +$205K +5,160 +5%
Man Group
91
Man Group
United Kingdom
$4.11M -$2.34M -58,867 -36%
FMII
92
Farmers & Merchants Investments Inc
Nebraska
$4M -$345K -8,674 -8%
Zurich Cantonal Bank
93
Zurich Cantonal Bank
Switzerland
$3.96M -$175K -4,384 -4%
KOCAA
94
Knights of Columbus Asset Advisors
Connecticut
$3.68M +$44.1K +1,108 +1%
GQG Partners
95
GQG Partners
Florida
$3.46M +$2.29M +57,621 +193%
D.E. Shaw & Co
96
D.E. Shaw & Co
New York
$3.4M +$3.16M +79,296 +1,184%
NIM
97
Nexus Investment Management
Ontario, Canada
$3.3M -$577K -14,500 -15%
American Century Companies
98
American Century Companies
Missouri
$3.23M -$1.9M -47,593 -37%
GIM
99
Gold Investment Management
Alberta, Canada
$3.21M +$15.5K +389 +0.5%
NP
100
Ninepoint Partners
Ontario, Canada
$3.18M +$3.21M +80,562 New

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.