Fortis
273 hedge funds and large institutions have $8.6B invested in Fortis in 2022 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 101 increasing their positions, 99 reducing their positions, and 40 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 99
0.05% more ownership
Funds ownership: 51.16% → 51.22% (+0.05%)
5% less funds holding
Funds holding: 286 → 273 (-13)
19% less capital invested
Capital invested by funds: $10.7B → $8.6B (-$2.06B)
28% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 40
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less call options, than puts
Call options by funds: $23.3M | Put options by funds: $64.5M
Top Buyers
Top Sellers
FTS Hedge Fund Activity: Q3 2022 in Review
273 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q3 2022, worth a combined $8.6B — down 19% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FTS and 29 opened new positions — a net loss of 11 holders — while 99 trimmed existing stakes and 101 added.
The largest buyer was Bank of Montreal, adding an estimated $114M. The largest seller was Fidelity International, cutting an estimated $201M.
- 273 institutional investors held Fortis (FTS) as of Q3 2022, down from 286 in Q2 2022.
- Funds reported $8.6B of Fortis stock for Q3 2022, down 19% quarter-over-quarter.
- 29 funds opened new Fortis positions in Q3 2022 and 40 closed out, a net change of -11 holders.
- The largest Fortis buyer in Q3 2022 was Bank of Montreal, an estimated $114M added.
- The largest Fortis seller in Q3 2022 was Fidelity International, an estimated $201M sold.
Based on aggregated 13F filings for Q3 2022.