Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fortis Inc (FTS)

341 + Investors. Track Smart Money conviction in FTS. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +34
Streak
4Q ▲
Buyers last Q
63%

Smart Money Signals — FTS

Based on 343 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added FTS 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
343 hedge funds hold FTS 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 — +17% more funds vs a year ago

fund count last 6Q
+51 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 63% buying

202 buying119 selling
Last quarter: 202 funds were net buyers (56 opened a brand new position + 146 added to an existing one). Only 119 were sellers (97 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new FTS position: 41 → 35 → 39 → 56. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 17% medium ■ 19% new
219 out of 343 hedge funds have held FTS 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

35 → 41 → 35 → 39 → 56 new funds/Q
New funds entering each quarter: 41 → 35 → 39 → 56. A growing number of institutions are discovering FTS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 68% veterans vs 23% newcomers

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Entry-cohort mix of 354 holders: 240 (68%) are 2+ year veterans, 32 entered 1–2 years ago, and 82 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
52 of 341 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in FTS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — FTS

In 2026 Q1, 202 hedge funds were net buyers of FTS (56 opened a new position, 146 added to an existing one), while 119 reduced or exited (97 trimmed, 22 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 56% of total institutional value in FTS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +34 funds (more new holders than closures). Total institutional holders: 343.

Hedge Fund Ownership: FTS

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

Market Analysis: FTS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FTS

-- --

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

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

Signal Freshness measures how much FTS has moved relative to its sector benchmark (XLU) 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 · 78d ago
FTS
+0.6%
XLU
-3.1%

FTS outperformed XLU by +3.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
FTS
+2.6%
XLU
+89.7%

Since the filing became public, FTS outperformed XLU by -87.1% .

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 ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 2 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: FTS
341 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 341 309 10.36%
13F Shares 250M 262M -4.36%
Total Value $13.63B $13.60B 0.19%
New Positions 55 39 +16
Increased Positions 144 127 +17
Closed Positions 23 36 -13
Reduced Positions 94 96 -2
Total Calls 7 3 133.33%
Total Puts 6 5 20.0%
PUT/CALL Ratio 0.86 1.67 Neutral

Statistics: FTS

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

341 + investors

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

QUARTER:
Top 25 FTS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Coleford Investment Management Ltd. 4.25% 311,400 $17.3M
2 Cidel Asset Management Inc 2.98% 981,216 $54.6M
3 Caledonia Investments plc 2.66% 410,000 $22.8M
4 Davis-Rea LTD. 2.32% 160,324 $8.9M
5 Triasima Portfolio Management inc. 2.15% 256,307 $14.3M
6 Scotia Capital INC. 2.15% 9,392,836 $523.5M
7 Bank of Nova Scotia Trust Co 1.92% 399,931 $22.3M
8 Tacita Capital Inc 1.83% 55,542 $3.1M
9 Hillsdale Investment Management Inc. 1.65% 1,088,628 $60.7M
10 Ewing Morris & Co. Investment Partners Ltd. 1.64% 65,538 $3.6M
11 TD Waterhouse Canada Inc. 1.53% 9,306,560 $516.2M
12 Guardian Partners Inc. 1.43% 307,724 $17.2M
13 Gold Investment Management Ltd. 1.41% 81,445 $4.5M
14 Mufg Securities (canada), LTD. 1.21% 752,540 $41.9M
15 Guardian Capital LP 1.10% 744,877 $41.4M
16 Washington Capital Management, Inc 0.88% 18,740 $1.0M
17 FIL Ltd 0.84% 19,393,790 $1.08B
18 Concorde Asset Management, LLC 0.79% 29,000 $1.6M
19 Duff & Phelps Investment Management Co 0.79% 981,900 $76.2M
20 PCJ Investment Counsel Ltd. 0.79% 49,670 $2.8M
21 Cibc World Market INC. 0.71% 7,835,890 $437.1M
22 Maryland State Retirement & Pension System 0.70% 621,224 $34.7M
23 Connor, Clark & Lunn Investment Management Ltd. 0.62% 4,841,744 $270.2M
24 Richard C. Young & CO., LTD. 0.61% 131,328 $7.3M
25 TD Asset Management Inc 0.61% 13,434,588 $747.1M
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 — Fortis Inc (FTS)

What does the Smart Money Trend signal show for FTS?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added FTS 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 FTS?

More buyers than sellers — 63% buying: Last quarter: 202 funds were net buyers (56 opened a brand new position + 146 added to an existing one). Only 119 were sellers (97 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FTS holders?

Elite ownership — 56% AUM from top-100 funds: 52 of 341 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in FTS. 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 FTS?

64% of holders stayed for 2+ years: 219 out of 343 hedge funds have held FTS 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 Fortis Inc (FTS) following the 2026 Q1 hedge fund 13F filings?

As of today, FTS has moved +2.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +89.7% for the XLU sector ETF — an outperformance of -87.1%. Since the quarter end (March 31, 2026), FTS has gained +0.6% vs -3.1% for XLU. 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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