Fortis
291 hedge funds and large institutions have $11.7B invested in Fortis in 2024 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 110 increasing their positions, 96 reducing their positions, and 17 closing their positions.
100% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 17
29% more call options, than puts
Call options by funds: $72.1M | Put options by funds: $55.9M
15% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 96
5% more funds holding
Funds holding: 276 → 291 (+15)
3% more capital inflows, than outflows
Capital inflows: $552M | Capital outflows: $535M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.16% less ownership
Funds ownership: 52.22% → 52.06% (-0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$118M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$66.9M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$40.7M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$39.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$173M |
| 2 |
Goldman Sachs
New York
|
-$87.7M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$37.8M |
| 4 |
Renaissance Technologies
New York
|
-$21.3M |
| 5 |
Morgan Stanley
New York
|
-$19.3M |
FTS Hedge Fund Activity: Q3 2024 in Review
291 of the 6,983 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q3 2024, worth a combined $11.7B — up 17% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FTS positions and 17 closed out — a net gain of 17 holders — while 110 added to existing stakes and 96 trimmed.
The largest buyer was Fidelity International, adding an estimated $118M. The largest seller was Toronto Dominion Bank, cutting an estimated $173M.
- 291 institutional investors held Fortis (FTS) as of Q3 2024, up from 276 in Q2 2024.
- Funds reported $11.7B of Fortis stock for Q3 2024, up 17% quarter-over-quarter.
- 34 funds opened new Fortis positions in Q3 2024 and 17 closed out, a net change of +17 holders.
- The largest Fortis buyer in Q3 2024 was Fidelity International, an estimated $118M added.
- The largest Fortis seller in Q3 2024 was Toronto Dominion Bank, an estimated $173M sold.
Based on aggregated 13F filings for Q3 2024.