Fortis
276 hedge funds and large institutions have $10.2B invested in Fortis in 2021 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 100 increasing their positions, 92 reducing their positions, and 24 closing their positions.
607% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $2.44M
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
3% more funds holding
Funds holding: 267 → 276 (+9)
9% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 92
3% more capital invested
Capital invested by funds: $9.88B → $10.2B (+$285M)
0.19% more ownership
Funds ownership: 48.23% → 48.43% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$245M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$107M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$67.8M |
| 4 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$37.7M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$170M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$74.4M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$52.2M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$42.2M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$32.8M |
FTS Hedge Fund Activity: Q2 2021 in Review
276 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q2 2021, worth a combined $10.2B — up 2.9% from $9.88B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FTS positions and 24 closed out — a net gain of 10 holders — while 100 added to existing stakes and 92 trimmed.
The largest buyer was Beutel, Goodman & Co, adding an estimated $245M. The largest seller was Fidelity Investments, cutting an estimated $170M.
- 276 institutional investors held Fortis (FTS) as of Q2 2021, up from 267 in Q1 2021.
- Funds reported $10.2B of Fortis stock for Q2 2021, up 2.9% quarter-over-quarter.
- 34 funds opened new Fortis positions in Q2 2021 and 24 closed out, a net change of +10 holders.
- The largest Fortis buyer in Q2 2021 was Beutel, Goodman & Co, an estimated $245M added.
- The largest Fortis seller in Q2 2021 was Fidelity Investments, an estimated $170M sold.
Based on aggregated 13F filings for Q2 2021.