ENB ranks #235 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
ENB is a top-conviction position for Morgan Stanley Institutional Investment Advisors LLC — at 37.4% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in ENB belongs to Royal Bank Of Canada, but the position matters far more to Morgan Stanley Institutional Investment Advisors LLC, who has 37.4% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Mackenzie Financial CORP has added to its ENB position for two straight quarters, increasing it by $756.2M to reach $1.6B today.
Clearbridge Investments, LLC has trimmed its ENB position for two straight quarters, cutting it by $375.5M while still holding $363.5M.
ENB is down 0.8% today, but institutions show net buying of $1.5B this quarter — a divergence between today's price move and the underlying institutional flow.