Fortis
262 hedge funds and large institutions have $9.23B invested in Fortis in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 94 increasing their positions, 96 reducing their positions, and 24 closing their positions.
98% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $12.5M
7% more capital invested
Capital invested by funds: $8.63B → $9.23B (+$600M)
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
0.34% more ownership
Funds ownership: 53.58% → 53.91% (+0.34%)
0% more funds holding
Funds holding: 262 → 262 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$155M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$69.8M |
| 3 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
+$53.8M |
| 4 |
Renaissance Technologies
New York
|
+$32.7M |
| 5 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$61M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$52.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$50.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$33.3M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$31.2M |
FTS Hedge Fund Activity: Q2 2019 in Review
262 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q2 2019, worth a combined $9.23B — up 7% from $8.63B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FTS positions and 24 closed out — a net gain of 2 holders — while 94 added to existing stakes and 96 trimmed.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $155M. The largest seller was Artisan Partners, exiting entirely with an estimated $61M sold.
- 262 institutional investors held Fortis (FTS) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $9.23B of Fortis stock for Q2 2019, up 7% quarter-over-quarter.
- 26 funds opened new Fortis positions in Q2 2019 and 24 closed out, a net change of +2 holders.
- The largest Fortis buyer in Q2 2019 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $155M added.
- The largest Fortis seller in Q2 2019 was Artisan Partners, an estimated $61M sold.
Based on aggregated 13F filings for Q2 2019.