Fortis
265 hedge funds and large institutions have $9.14B invested in Fortis in 2020 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 96 increasing their positions, 96 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
3% more funds holding
Funds holding: 258 → 265 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 96
3% less capital invested
Capital invested by funds: $9.42B → $9.14B (-$272M)
1.32% less ownership
Funds ownership: 49.08% → 47.77% (-1.3%)
70% less call options, than puts
Call options by funds: $2.72M | Put options by funds: $9.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$108M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$87.9M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$57.7M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$37.3M |
| 5 |
VPI
Value Partners Investments
Winnipeg,
Manitoba, Canada
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$209M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$128M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$56.2M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$54.6M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$39.8M |
FTS Hedge Fund Activity: Q4 2020 in Review
265 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q4 2020, worth a combined $9.14B — down 2.9% from $9.42B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FTS positions and 20 closed out — a net gain of 9 holders — while 96 added to existing stakes and 96 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $108M. The largest seller was Fidelity International, cutting an estimated $209M.
- 265 institutional investors held Fortis (FTS) as of Q4 2020, up from 258 in Q3 2020.
- Funds reported $9.14B of Fortis stock for Q4 2020, down 2.9% quarter-over-quarter.
- 29 funds opened new Fortis positions in Q4 2020 and 20 closed out, a net change of +9 holders.
- The largest Fortis buyer in Q4 2020 was Toronto Dominion Bank, an estimated $108M added.
- The largest Fortis seller in Q4 2020 was Fidelity International, an estimated $209M sold.
Based on aggregated 13F filings for Q4 2020.