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312 hedge funds and large institutions have $12.9B invested in Fortis in 2025 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 130 increasing their positions, 93 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 23

40% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 93

6% more capital invested

Capital invested by funds: $12.2B → $12.9B (+$725M)

4% more funds holding

Funds holding: 299312 (+13)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.32% less ownership

Funds ownership: 50.8%50.48% (-0.32%)

27% less call options, than puts

Call options by funds: $70.2M | Put options by funds: $96.6M

Holders
312
Holders Change
+13
Holders Change %
+4.35%
% of All Funds
4.1%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
37
Increased
130
Reduced
93
Closed
23
Calls
$70.2M
Puts
$96.6M
Net Calls
-$26.3M
Net Calls Change
-$37.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.9B +$325M +6,605,731 +21%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.2B +$27.9M +568,326 +2%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$1.17B +$45.3M +920,982 +4%
Fidelity International
4
Fidelity International
Bermuda
$925M -$127M -2,584,807 -12%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$687M +$2.83M +57,447 +0.4%
SC
6
Scotia Capital
Ontario, Canada
$462M +$16M +326,212 +4%
1832 Asset Management
7
1832 Asset Management
Ontario, Canada
$430M +$3.37M +68,464 +0.8%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$400M -$41.8M -849,001 -10%
National Bank of Canada
9
National Bank of Canada
Quebec, Canada
$354M -$21.6M -440,223 -6%
BGC
10
Beutel, Goodman & Co
Ontario, Canada
$346M -$25.3M -515,376 -7%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$327M +$39.7M +806,742 +15%
Legal & General Group
12
Legal & General Group
United Kingdom
$297M -$17.7M -360,299 -6%
Toronto Dominion Bank
13
Toronto Dominion Bank
Ontario, Canada
$273M +$66.2M +1,346,911 +33%
Goldman Sachs
14
Goldman Sachs
New York
$262M +$4.82M +98,065 +2%
Bank of Nova Scotia
15
Bank of Nova Scotia
Ontario, Canada
$255M -$38.9M -790,484 -14%
TWC
16
TD Waterhouse Canada
Ontario, Canada
$249M +$1.82M +36,910 +0.8%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$188M -$22.2M -452,239 -11%
Morgan Stanley
18
Morgan Stanley
New York
$172M +$13.3M +270,831 +9%
Mackenzie Financial
19
Mackenzie Financial
Ontario, Canada
$162M -$66.9M -1,359,654 -30%
CIBC Asset Management
20
CIBC Asset Management
Ontario, Canada
$147M -$1.47M -29,806 -1%
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$137M +$33.8M +686,725 +34%
Canada Pension Plan Investment Board
22
Canada Pension Plan Investment Board
Ontario, Canada
$136M +$16.8M +340,770 +15%
JP Morgan Chase
23
JP Morgan Chase
New York
$128M +$1.06M +21,631 +0.9%
Bank of America
24
Bank of America
North Carolina
$127M +$46.6M +947,079 +61%
ClearBridge Investments
25
ClearBridge Investments
New York
$111M -$2.19M -44,456 -2%

FTS Hedge Fund Activity: Q3 2025 in Review

312 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Fortis (FTS) for Q3 2025, worth a combined $12.9B — up 5.9% from $12.2B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new FTS positions and 23 closed out — a net gain of 14 holders — while 130 added to existing stakes and 93 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $325M. The largest seller was Fidelity International, cutting an estimated $127M.

  • 312 institutional investors held Fortis (FTS) as of Q3 2025, up from 299 in Q2 2025.
  • Funds reported $12.9B of Fortis stock for Q3 2025, up 5.9% quarter-over-quarter.
  • 37 funds opened new Fortis positions in Q3 2025 and 23 closed out, a net change of +14 holders.
  • The largest Fortis buyer in Q3 2025 was Royal Bank of Canada, an estimated $325M added.
  • The largest Fortis seller in Q3 2025 was Fidelity International, an estimated $127M sold.

Based on aggregated 13F filings for Q3 2025.