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274 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, 107 increasing their positions, 90 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 24

19% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 90

3% more capital invested

Capital invested by funds: $11.5B → $11.8B (+$319M)

1% more funds holding

Funds holding: 272274 (+2)

0.61% less ownership

Funds ownership: 50.67%50.07% (-0.61%)

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: 21 (-1)

Holders
274
Holders Change
+2
Holders Change %
+0.74%
% of All Funds
4.32%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
30
Increased
107
Reduced
90
Closed
24
Calls
$29.7M
Puts
$57.2M
Net Calls
-$27.5M
Net Calls Change
+$11.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.59B -$59M -1,256,802 -4%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$991M -$65.8M -1,402,118 -7%
Fidelity International
3
Fidelity International
Bermuda
$824M -$9.62M -205,108 -1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$823M +$19.4M +413,289 +3%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$537M +$10.7M +228,639 +2%
1832 Asset Management
6
1832 Asset Management
Ontario, Canada
$535M -$79.2M -1,689,147 -13%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$461M +$529K +11,269 +0.1%
GQG Partners
8
GQG Partners
Florida
$430M +$103M +2,197,463 +34%
BGC
9
Beutel, Goodman & Co
Ontario, Canada
$410M -$10.9M -233,164 -3%
Legal & General Group
10
Legal & General Group
United Kingdom
$333M -$21.2M -451,022 -6%
CIBC World Market
11
CIBC World Market
Ontario, Canada
$328M -$7.16M -152,567 -2%
SC
12
Scotia Capital
Ontario, Canada
$321M -$1.05M -22,406 -0.3%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$312M -$99.7M -2,125,341 -25%
Mackenzie Financial
14
Mackenzie Financial
Ontario, Canada
$264M +$10.9M +232,837 +5%
CIBC Asset Management
15
CIBC Asset Management
Ontario, Canada
$203M -$10.9M -232,924 -5%
Franklin Resources
16
Franklin Resources
California
$196M -$18.4M -392,284 -9%
TWC
17
TD Waterhouse Canada
Ontario, Canada
$196M +$5M +106,694 +4%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$190M +$68.7M +1,464,507 +62%
Renaissance Technologies
19
Renaissance Technologies
New York
$182M +$10.4M +221,000 +6%
Norges Bank
20
Norges Bank
Norway
$159M +$2.37M +50,449 +2%
JP Morgan Chase
21
JP Morgan Chase
New York
$134M +$7.02M +149,631 +6%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$121M -$11.4M -243,700 -9%
Public Sector Pension Investment Board (PSP Investments)
23
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$119M +$491K +10,468 +0.4%
National Bank of Canada
24
National Bank of Canada
Quebec, Canada
$111M +$15.2M +324,193 +17%
Swiss National Bank
25
Swiss National Bank
Switzerland
$104M +$11.6M +246,600 +13%

FTS Hedge Fund Activity: Q1 2022 in Review

274 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q1 2022, worth a combined $11.8B — up 2.8% from $11.5B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new FTS positions and 24 closed out — a net gain of 6 holders — while 107 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.

  • 274 institutional investors held Fortis (FTS) as of Q1 2022, up from 272 in Q4 2021.
  • Funds reported $11.8B of Fortis stock for Q1 2022, up 2.8% 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.