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257 hedge funds and large institutions have $8.96B invested in Fortis in 2020 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 99 increasing their positions, 94 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $19M | Put options by funds: $11.2M

5% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 94

4% less capital invested

Capital invested by funds: $9.29B → $8.96B (-$329M)

1.58% less ownership

Funds ownership: 52.24%50.67% (-1.6%)

4% less funds holding

Funds holding: 267257 (-10)

27% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 33

88% less funds holding in top 10

Funds holding in top 10: 81 (-7)

Holders
257
Holders Change
-10
Holders Change %
-3.75%
% of All Funds
5.27%
Holding in Top 10
1
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-87.5%
% of All Funds
0.02%
New
24
Increased
99
Reduced
94
Closed
33
Calls
$19M
Puts
$11.2M
Net Calls
+$7.82M
Net Calls Change
+$9.37M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.44B +$54M +1,415,494 +4%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$725M +$56.7M +1,485,790 +8%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$580M +$33.4M +876,814 +6%
Fidelity International
4
Fidelity International
Bermuda
$557M -$32.2M -843,780 -5%
1832 Asset Management
5
1832 Asset Management
Ontario, Canada
$533M +$14M +366,298 +3%
Vanguard Group
6
Vanguard Group
Pennsylvania
$532M -$11.5M -302,383 -2%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$301M +$183K +4,806 +0.1%
Toronto Dominion Bank
8
Toronto Dominion Bank
Ontario, Canada
$297M +$106M +2,783,994 +55%
Legal & General Group
9
Legal & General Group
United Kingdom
$265M -$3.11M -81,631 -1%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$262M +$13.8M +360,600 +6%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$240M -$21.9M -574,763 -8%
Renaissance Technologies
12
Renaissance Technologies
New York
$206M +$22.1M +580,292 +12%
SC
13
Scotia Capital
Ontario, Canada
$194M +$8.47M +222,157 +5%
Franklin Resources
14
Franklin Resources
California
$186M -$17.7M -465,213 -9%
CIBC Asset Management
15
CIBC Asset Management
Ontario, Canada
$145M +$4.53M +118,689 +3%
Norges Bank
16
Norges Bank
Norway
$143M -$4.04M -105,874 -3%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$124M -$11.8M -310,107 -9%
Canada Life
18
Canada Life
Manitoba, Canada
$123M -$3.4M -89,082 -3%
GQG Partners
19
GQG Partners
Florida
$108M +$25.6M +669,976 +31%
Connor, Clark & Lunn Investment Management (CC&L)
20
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$105M -$1.41M -36,985 -1%
Morgan Stanley
21
Morgan Stanley
New York
$98.1M -$6.69M -175,486 -6%
GCC
22
Guardian Capital (Canada)
Ontario, Canada
$81.1M -$22.3M -585,043 -21%
Swiss National Bank
23
Swiss National Bank
Switzerland
$74.6M +$9.73M +255,100 +15%
JP Morgan Chase
24
JP Morgan Chase
New York
$66.9M -$2.46M -64,431 -4%
Sumitomo Mitsui Trust Group
25
Sumitomo Mitsui Trust Group
Japan
$65.2M +$3.6M +94,442 +6%