Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Enbridge Inc (ENB)

2K + Investors. Track Smart Money conviction in ENB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +28
Streak
11Q ▲
Buyers last Q
52%

Smart Money Signals — ENB

Based on 1526 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added ENB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,526 hedge funds hold ENB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+150 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

676 buying634 selling
Last quarter: 676 funds bought or added vs 634 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-32 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 135 → 165 → 167 → 135. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 18% medium ■ 16% new
1,017 out of 1,526 hedge funds have held ENB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~135 new funds/quarter

130 → 135 → 165 → 167 → 135 new funds/Q
New funds entering each quarter: 135 → 165 → 167 → 135. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 70% veterans vs 19% newcomers

■ 70% veterans ■ 12% 1-2yr ■ 19% new
Entry-cohort mix of 1,556 holders: 1,086 (70%) are 2+ year veterans, 182 entered 1–2 years ago, and 288 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
60 of 1516 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in ENB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ENB

In 2026 Q2, 676 hedge funds were net buyers of ENB (135 opened a new position, 541 added to an existing one), while 634 reduced or exited (527 trimmed, 107 sold completely) — a 52% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 46% of total institutional value in ENB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +28 funds (more new holders than closures). Total institutional holders: 1526.

Hedge Fund Ownership: ENB

How many hedge funds hold ENB — quarterly history vs. share price
Quarterly hedge fund ownership of ENB vs. share price

Market Analysis: ENB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ENB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Enbridge Inc (ENB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ENB has moved relative to its sector benchmark (XLE) since the 2026 Q3 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End September 30, 2026 · 45d ago
ENB
+3.5%
XLE
+5.1%

ENB outperformed XLE by -1.6% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 0d ago
ENB
+0.0%
XLE
+0.0%

Since the filing became public, ENB outperformed XLE by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

46 top-rated funds 32 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
5.7
/ 10
conviction
Hedge Fund Positioning: ENB
2026 Q3 Stats Unlock in 5 days 2K + Investors

Track Smart Money conviction in ENB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 1510 1498 0.8%
13F Shares 1.06B 1.05B 0.06%
Total Value $56.81B $56.32B 0.88%
New Positions 133 167 -34
Increased Positions 530 495 +35
Closed Positions 111 97 +14
Reduced Positions 515 552 -37
Total Calls 23 24 -4.17%
Total Puts 17 20 -15.0%
PUT/CALL Ratio 0.74 0.83 Neutral

Statistics: ENB

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q3)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ENB. Verified SEC 13F-HR filings.

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 ENB holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Morgan Stanley Institutional Investment Advisors LLC 37.16% 8,000,872 $372.0M
2 PJT Investments Corp. 12.21% 666,975 $31.0M
3 Periscope Capital INC. 10.27% 2,186,500 $101.6M
4 Cincinnati Casualty Co 7.78% 309,418 $14.4M
5 Monashee Investment Management LLC 6.96% 50,000 $2.3M
6 Cincinnati Indemnity Co 5.58% 49,200 $2.3M
7 Cincinnati Specialty Underwriters Insurance CO 4.54% 443,664 $20.6M
8 America First Investment Advisors, LLC 4.46% 519,602 $24.2M
9 Dupree Financial Group, LLC 4.41% 263,037 $12.2M
10 Mufg Securities (canada), LTD. 4.23% 3,521,821 $163.7M
11 Bank of Nova Scotia Trust Co 3.71% 968,263 $45.0M
12 Royal Palms Capital LLC 3.39% 81,958 $3.8M
13 Kayne Anderson Capital Advisors LP 3.11% 3,659,388 $170.1M
14 Burkett Asset Management Ltd 2.89% 65,838 $3.1M
15 Addenda Capital Inc. 2.85% 1,627,776 $107.7M
16 Guardian Partners Inc. 2.70% 653,629 $30.5M
17 Aviso Financial Inc. 2.69% 1,702,197 $79.1M
18 Viewpoint Investment Partners Corp 2.65% 184,700 $8.5M
19 Mh & Associates Securities Management Corp /Adv 2.60% 64,101 $3.0M
20 Delaney Capital Management Ltd. 2.59% 347,884 $16.2M
21 Scotia Capital INC. 2.55% 15,745,052 $731.9M
22 Sl Advisors, LLC 2.47% 26,918 $1.3M
23 PCJ Investment Counsel Ltd. 2.27% 182,120 $8.5M
24 ANTIPODES PARTNERS Ltd 2.12% 2,470,685 $115.1M
25 S.E.E.D. Planning Group LLC 2.11% 185,386 $8.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

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Frequently Asked Questions — Enbridge Inc (ENB)

What does the Smart Money Trend signal show for ENB?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added ENB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ENB?

Slight buying edge — 52% buying: Last quarter: 676 funds bought or added vs 634 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ENB holders?

Elite ownership — 46% AUM from top-100 funds: 60 of 1516 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in ENB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ENB?

67% of holders stayed for 2+ years: 1,017 out of 1,526 hedge funds have held ENB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Enbridge Inc (ENB) following the 2026 Q3 hedge fund 13F filings?

As of today, ENB has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLE sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), ENB has gained +3.5% vs +5.1% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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