FTS β€” FORTIS INC

Ownership history in CIDEL ASSET MANAGEMENT INC  Β·  37 quarters on record

This page tracks every 13F SEC filing in which CIDEL ASSET MANAGEMENT INC reported a position in FORTIS INC (FTS). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
3.81% (2020 Q1)
πŸ“Š Avg. % of fund
2.06%
πŸ“… First filed
2016 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
37

Position Intelligence

CIDEL ASSET MANAGEMENT INC Γ— FTS AI Analytics

πŸ“‰ CIDEL ASSET MANAGEMENT INC underperformed the S&P 500 by –8.6% annually on this FTS position. Timing score: 51% (18/35 decisions correct). Average cost basis: $31.35. Maximum drawdown during holding period: –21.9%.

πŸ“ˆ Position Alpha vs SPY
-8.6%
annualised excess return

❌ Significantly underperformed the S&P 500 by 8.6% ann.
11 quarters analyzed

⏱️ Timing Score
51%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
18 of 35 add/trim decisions correct

πŸ’° Entry Quality
$31.35
+64.3% vs current ($51.51)

Best entry: $24.00 (2018 Q2)  Β·  Worst: $50.32 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–21.9%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
43%
buy-side decisions

16 adds Β· 21 trims. Bought during 4 of 11 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 1.98% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FTS price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 537,541 -425,520 -44.2% 1.98% $28.0M $51.51
2025 Q3 ADDED 963,061 +25,809 +2.8% 2.81% $48.9M $50.32
2025 Q2 ADDED 937,252 +19,351 +2.1% 2.68% $44.7M $46.92
2025 Q1 REDUCED 917,901 -12,424 -1.3% 2.73% $41.8M $44.39
2024 Q4 REDUCED 930,325 -1,941 -0.2% 2.60% $38.6M $40.09
2024 Q3 ADDED 932,266 +149,439 +19.1% 2.99% $42.4M $43.39
2024 Q2 ADDED 782,827 +233,743 +42.6% 2.35% $30.4M $36.72
2024 Q1 REDUCED 549,084 -638,647 -53.8% 1.65% $21.7M $36.96
2023 Q4 REDUCED 1,187,731 -30,446 -2.5% 2.10% $49.1M $38.05
2023 Q3 ADDED 1,218,177 +455,435 +59.7% 2.32% $46.5M $34.78
27 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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