Fortis
255 hedge funds and large institutions have $10.3B invested in Fortis in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 94 increasing their positions, 89 reducing their positions, and 27 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 89
1% more capital invested
Capital invested by funds: $10.2B → $10.3B (+$117M)
0.45% more ownership
Funds ownership: 48.43% → 48.88% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 276 → 255 (-21)
67% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 27
70% less call options, than puts
Call options by funds: $7.19M | Put options by funds: $24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$144M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$62.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42.7M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$28.2M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$41.4M |
| 2 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
-$35.2M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$26.1M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$23.4M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$22.4M |
FTS Hedge Fund Activity: Q3 2021 in Review
255 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q3 2021, worth a combined $10.3B — up 1.2% from $10.2B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of FTS and 9 opened new positions — a net loss of 18 holders — while 89 trimmed existing stakes and 94 added.
The largest buyer was Fidelity International, adding an estimated $144M. The largest seller was Norges Bank, cutting an estimated $41.4M.
- 255 institutional investors held Fortis (FTS) as of Q3 2021, down from 276 in Q2 2021.
- Funds reported $10.3B of Fortis stock for Q3 2021, up 1.2% quarter-over-quarter.
- 9 funds opened new Fortis positions in Q3 2021 and 27 closed out, a net change of -18 holders.
- The largest Fortis buyer in Q3 2021 was Fidelity International, an estimated $144M added.
- The largest Fortis seller in Q3 2021 was Norges Bank, an estimated $41.4M sold.
Based on aggregated 13F filings for Q3 2021.