Fortis
273 hedge funds and large institutions have $11.8B invested in Fortis in 2022 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 106 increasing their positions, 90 reducing their positions, and 24 closing their positions.
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
18% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 90
2% more capital invested
Capital invested by funds: $11.6B → $11.8B (+$202M)
1% more funds holding
Funds holding: 271 → 273 (+2)
0.62% less ownership
Funds ownership: 50.69% → 50.07% (-0.62%)
48% less call options, than puts
Call options by funds: $29.7M | Put options by funds: $57.2M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$103M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$68.7M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$24M |
| 4 |
Morgan Stanley
New York
|
+$21M |
| 5 |
CIPU
Caledonia Investments plc (UK)
London England,
United Kingdom
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$99.7M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$79.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$65.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$59M |
| 5 |
Legal & General Group
London,
United Kingdom
|
-$21.2M |
FTS Hedge Fund Activity: Q1 2022 in Review
273 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q1 2022, worth a combined $11.8B — up 1.7% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FTS positions and 24 closed out — a net gain of 6 holders — while 106 added to existing stakes and 90 trimmed.
The largest buyer was GQG Partners, adding an estimated $103M. The largest seller was Bank of Nova Scotia, cutting an estimated $99.7M.
- 273 institutional investors held Fortis (FTS) as of Q1 2022, up from 271 in Q4 2021.
- Funds reported $11.8B of Fortis stock for Q1 2022, up 1.7% quarter-over-quarter.
- 30 funds opened new Fortis positions in Q1 2022 and 24 closed out, a net change of +6 holders.
- The largest Fortis buyer in Q1 2022 was GQG Partners, an estimated $103M added.
- The largest Fortis seller in Q1 2022 was Bank of Nova Scotia, an estimated $99.7M sold.
Based on aggregated 13F filings for Q1 2022.