Fortis
252 hedge funds and large institutions have $8.25B invested in Fortis in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 83 increasing their positions, 81 reducing their positions, and 18 closing their positions.
150% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 18
11% more funds holding
Funds holding: 227 → 252 (+25)
2% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 81
2% more capital invested
Capital invested by funds: $8.08B → $8.25B (+$170M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.43% less ownership
Funds ownership: 53.57% → 53.15% (-0.43%)
3% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$294M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$119M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$29.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.2M |
| 5 |
Two Sigma Investments
New York
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$110M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$69.8M |
| 3 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$49.3M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$42.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.5M |
FTS Hedge Fund Activity: Q4 2017 in Review
252 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q4 2017, worth a combined $8.25B — up 2.1% from $8.08B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FTS positions and 18 closed out — a net gain of 27 holders — while 83 added to existing stakes and 81 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $294M. The largest seller was First Eagle Investment Management, cutting an estimated $110M.
- 252 institutional investors held Fortis (FTS) as of Q4 2017, up from 227 in Q3 2017.
- Funds reported $8.25B of Fortis stock for Q4 2017, up 2.1% quarter-over-quarter.
- 45 funds opened new Fortis positions in Q4 2017 and 18 closed out, a net change of +27 holders.
- The largest Fortis buyer in Q4 2017 was Mackenzie Financial, an estimated $294M added.
- The largest Fortis seller in Q4 2017 was First Eagle Investment Management, an estimated $110M sold.
Based on aggregated 13F filings for Q4 2017.