Who Owns Fortis Stock?
NYSE: FTSUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 57.64%
- Held by insiders
- 0.20%
- Institutional holders
- 625
- Institutions 57.6%
- Insiders 0.2%
- Public and other 42.2%
Who owns Fortis stock?
Institutional investors own about 57.6% of Fortis's shares, spread across 625 institutions that file 13F reports. That level of institutional ownership is moderate. Insiders, including executives, directors and large founding shareholders, hold 0.20% of FTS.
The largest institutional holders are Royal Bank of Canada (6.72%), Bank of Montreal /CAN/ (4.78%) and FIL LTD (3.44%). Together, the top 10 institutions control 27.8% of shares outstanding. In their latest filings, 3 of the top 10 institutions increased their FTS positions and 7 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of FTS
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Royal Bank of Canada | 34.64M | 6.72% | -1.7% |
| Bank of Montreal /CAN/ | 24.63M | 4.78% | -0.6% |
| FIL LTD | 17.72M | 3.44% | -8.6% |
| Vanguard Capital Management LLC | 15.39M | 2.98% | +1.4% |
| TD Asset Management, Inc | 9.74M | 1.89% | -27.5% |
| TD Waterhouse Canada Inc. | 9.44M | 1.83% | +1.4% |
| Scotia Capital Inc. | 9.24M | 1.79% | -1.7% |
| CIBC World Market, Inc. | 7.73M | 1.50% | -1.3% |
| Geode Capital Management, LLC | 7.37M | 1.43% | +8.0% |
| 1832 Asset Management L.P. | 7.34M | 1.42% | -2.9% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of FTS
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund | 7.42M | 1.44% |
| VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund | 4.97M | 0.96% |
| Fidelity Concord Street Trust-Fidelity SAI Canada Equity Index Fund | 2.70M | 0.52% |
| J.P. Morgan Exch-Trd Fd. TRT-JPMorgan BetaBuilders Canada ETF | 1.81M | 0.35% |
| VANGUARD Intl Eqy. INDEX Fd.S-Vanguard FTSE All-World ex-US Index Fd. | 1.21M | 0.23% |
| SCHWAB STRATEGIC TRUST-Schwab International Equity ETF | 1.12M | 0.22% |
| iShares, Inc.-iShares MSCI Canada ETF | 1.11M | 0.21% |
| Fidelity Salem Street Trust-Fidelity Series Global ex U.S. Index Fund | 1.01M | 0.20% |
| DNP Select Income Fund Inc | 981.90K | 0.19% |
| Fidelity Concord Street TRT-Fidelity SAI Global ex U.S. Low Volatility | 944.92K | 0.18% |
Frequently asked questions
Who is the largest shareholder of Fortis?
Royal Bank of Canada is the largest institutional shareholder of FTS, owning 6.72% of shares outstanding (34.64M shares) as of its latest 13F filing.
What percentage of Fortis is owned by institutions?
Institutions own about 57.6% of FTS shares and 57.8% of the public float.
How much of Fortis do insiders own?
Insiders, such as officers and directors, own about 0.20% of FTS shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.