Fortis
233 hedge funds and large institutions have $8.12B invested in Fortis in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 89 increasing their positions, 81 reducing their positions, and 19 closing their positions.
77% more call options, than puts
Call options by funds: $4.57M | Put options by funds: $2.58M
14% more capital invested
Capital invested by funds: $7.14B → $8.12B (+$988M)
3.23% more ownership
Funds ownership: 51.65% → 54.88% (+3.2%)
10% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 81
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less funds holding
Funds holding: 235 → 233 (-2)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$409M |
| 2 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$213M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$153M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$74.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$42.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$406M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$123M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$72.7M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$30.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$25.4M |
FTS Hedge Fund Activity: Q2 2017 in Review
233 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q2 2017, worth a combined $8.12B — up 14% from $7.14B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FTS and 18 opened new positions — a net loss of 1 holder — while 81 trimmed existing stakes and 89 added.
The largest buyer was Morgan Stanley, adding an estimated $409M. The largest seller was Zimmer Partners, cutting an estimated $406M.
- 233 institutional investors held Fortis (FTS) as of Q2 2017, down from 235 in Q1 2017.
- Funds reported $8.12B of Fortis stock for Q2 2017, up 14% quarter-over-quarter.
- 18 funds opened new Fortis positions in Q2 2017 and 19 closed out, a net change of -1 holder.
- The largest Fortis buyer in Q2 2017 was Morgan Stanley, an estimated $409M added.
- The largest Fortis seller in Q2 2017 was Zimmer Partners, an estimated $406M sold.
Based on aggregated 13F filings for Q2 2017.