Fortis
268 hedge funds and large institutions have $9.87B invested in Fortis in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 94 increasing their positions, 103 reducing their positions, and 20 closing their positions.
151% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $4.34M
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
8% more capital invested
Capital invested by funds: $9.13B → $9.87B (+$743M)
1% more funds holding
Funds holding: 265 → 268 (+3)
0.47% more ownership
Funds ownership: 47.77% → 48.23% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$170M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$169M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$103M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$84.6M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$51.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$149M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$99M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$68.9M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$46M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$30.7M |
FTS Hedge Fund Activity: Q1 2021 in Review
268 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q1 2021, worth a combined $9.87B — up 8.1% from $9.13B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FTS positions and 20 closed out — a net gain of 6 holders — while 94 added to existing stakes and 103 trimmed.
The largest buyer was Fidelity International, adding an estimated $170M. The largest seller was Royal Bank of Canada, cutting an estimated $149M.
- 268 institutional investors held Fortis (FTS) as of Q1 2021, up from 265 in Q4 2020.
- Funds reported $9.87B of Fortis stock for Q1 2021, up 8.1% quarter-over-quarter.
- 26 funds opened new Fortis positions in Q1 2021 and 20 closed out, a net change of +6 holders.
- The largest Fortis buyer in Q1 2021 was Fidelity International, an estimated $170M added.
- The largest Fortis seller in Q1 2021 was Royal Bank of Canada, an estimated $149M sold.
Based on aggregated 13F filings for Q1 2021.