Fortis
262 hedge funds and large institutions have $8.63B invested in Fortis in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 94 increasing their positions, 90 reducing their positions, and 27 closing their positions.
224% more call options, than puts
Call options by funds: $92.5M | Put options by funds: $28.5M
11% more capital invested
Capital invested by funds: $7.78B → $8.63B (+$846M)
4% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 90
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% less funds holding
Funds holding: 263 → 262 (-1)
0.72% less ownership
Funds ownership: 54.3% → 53.58% (-0.72%)
Top Buyers
Top Sellers
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$60.1M |
| 2 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$49.2M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$42.5M |
| 4 |
Morgan Stanley
New York
|
-$41.2M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$39.6M |
FTS Hedge Fund Activity: Q1 2019 in Review
262 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q1 2019, worth a combined $8.63B — up 11% from $7.78B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FTS positions and 27 closed out — a net gain of 1 holder — while 94 added to existing stakes and 90 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $67.9M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $60.1M sold.
- 262 institutional investors held Fortis (FTS) as of Q1 2019, down from 263 in Q4 2018.
- Funds reported $8.63B of Fortis stock for Q1 2019, up 11% quarter-over-quarter.
- 28 funds opened new Fortis positions in Q1 2019 and 27 closed out, a net change of +1 holder.
- The largest Fortis buyer in Q1 2019 was Toronto Dominion Bank, an estimated $67.9M added.
- The largest Fortis seller in Q1 2019 was Adage Capital Partners, an estimated $60.1M sold.
Based on aggregated 13F filings for Q1 2019.