Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Enbridge Inc (ENB)

1K + 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
↑ +69
Streak
10Q ▲
Buyers last Q
50%

Smart Money Signals — ENB

Based on 1495 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 10 quarters in a row

last 6Q
For 10 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
1,495 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
+147 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 — 50% buying

668 buying658 selling
Last quarter: 668 funds bought or added vs 658 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.
➡️

Steady new buyers — ~166 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 129 → 135 → 164 → 166. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 20% medium ■ 15% new
973 out of 1,495 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.
📈

Growing discovery — still being found

130 → 129 → 135 → 164 → 166 new funds/Q
New funds entering each quarter: 129 → 135 → 164 → 166. A growing number of institutions are discovering ENB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 70% veterans vs 18% newcomers

■ 70% veterans ■ 12% 1-2yr ■ 18% new
Entry-cohort mix of 1,533 holders: 1,066 (70%) are 2+ year veterans, 187 entered 1–2 years ago, and 280 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
57 of 1489 holders are among the 100 largest funds by AUM, controlling 44% 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.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 Q1, 668 hedge funds were net buyers of ENB (166 opened a new position, 502 added to an existing one), while 658 reduced or exited (561 trimmed, 97 sold completely) — a 50% buyer ratio, indicating a slight buying edge. This marks 10 consecutive quarters of net institutional buying — a persistent conviction signal. 44% of total institutional value in ENB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +69 funds (more new holders than closures). Total institutional holders: 1495.

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 Q1 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 March 31, 2026 · 76d ago
ENB
+4.4%
XLE
-6.1%

ENB outperformed XLE by +10.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
ENB
+2.2%
XLE
-3.2%

Since the filing became public, ENB outperformed XLE by +5.4% .

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.

58 top-rated funds 32 high-conviction
Consensus
7.7
/ 10
breadth
×
Elite
5.6
/ 10
conviction
Hedge Fund Positioning: ENB
1K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1471 1425 3.23%
13F Shares 1.03B 1.11B -6.79%
Total Value $55.33B $52.67B 5.05%
New Positions 160 164 -4
Increased Positions 487 496 -9
Closed Positions 114 124 -10
Reduced Positions 544 495 +49
Total Calls 24 25 -4.0%
Total Puts 20 20 -
PUT/CALL Ratio 0.83 0.8 Neutral

Statistics: ENB

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Institutional Holders (2026 Q1)

1K + 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:
Top 25 ENB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Morgan Stanley Institutional Investment Advisors LLC 38.82% 7,437,023 $402.6M
2 PJT Investments Corp. 15.62% 727,856 $39.4M
3 Cincinnati Casualty Co 8.75% 309,418 $16.8M
4 Periscope Capital INC. 8.59% 1,429,700 $77.5M
5 Amplify Investments, LLC 7.34% 7,565 $410K
6 Cincinnati Indemnity Co 6.62% 49,200 $2.7M
7 GQG Partners LLC 6.55% 76,426,780 $4.13B
8 Kayne Anderson Capital Advisors LP 6.33% 6,095,939 $330.0M
9 Cincinnati Specialty Underwriters Insurance CO 5.84% 443,664 $24.0M
10 Dupree Financial Group, LLC 5.47% 250,865 $13.6M
11 America First Investment Advisors, LLC 5.27% 522,260 $28.3M
12 Mufg Securities (canada), LTD. 5.04% 3,236,273 $175.1M
13 Bank of Nova Scotia Trust Co 4.59% 986,582 $53.4M
14 Viewpoint Investment Partners Corp 4.10% 164,244 $8.8M
15 Tortoise Capital Advisors, L.L.C. 3.78% 6,696,559 $362.6M
16 Guardian Partners Inc. 3.74% 823,668 $44.8M
17 Hutner Capital Management Inc 3.57% 160,656 $8.7M
18 Royal Palms Capital LLC 3.55% 66,120 $3.6M
19 JCIC Asset Management Inc. 3.30% 198,974 $10.8M
20 Scotia Capital INC. 3.24% 14,599,455 $788.5M
21 Maryland State Retirement & Pension System 3.22% 2,919,694 $158.2M
22 SIG North Trading, ULC 3.13% 2,883,200 $156.1M
23 S.E.E.D. Planning Group LLC 3.05% 193,752 $10.5M
24 Mh & Associates Securities Management Corp /Adv 3.03% 64,192 $3.5M
25 Addenda Capital Inc. 2.99% 1,406,938 $106.1M
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

Frequently Asked Questions — Enbridge Inc (ENB)

What does the Smart Money Trend signal show for ENB?

Buying streak — 10 quarters in a row: For 10 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 — 50% buying: Last quarter: 668 funds bought or added vs 658 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 — 44% AUM from top-100 funds: 57 of 1489 holders are among the 100 largest funds by AUM, controlling 44% 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?

65% of holders stayed for 2+ years: 973 out of 1,495 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 Q1 hedge fund 13F filings?

As of today, ENB has moved +2.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.2% for the XLE sector ETF — an outperformance of +5.4%. Since the quarter end (March 31, 2026), ENB has gained +4.4% vs -6.1% 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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