Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in ENB held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | 114.8M | $6.22B | +4.9% | 5.256% | 0.93% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 62.8M | $3.40B | +1.4% | 2.875% | 0.07% |
| 3 | BANK OF MONTREAL /CAN/ | 62.0M | $3.36B | +6.4% | 2.840% | 1.11% |
| 4 | GQG Partners LLC | 49.1M | $2.66B | -35.8% | 2.248% | 4.95% |
| 5 | DEUTSCHE BANK AG\ | 34.1M | $1.85B | -1.3% | 1.563% | 0.54% |
| 6 | TD ASSET MANAGEMENT INC | 31.3M | $1.70B | -21.2% | 1.432% | 1.47% |
| 7 | MACKENZIE FINANCIAL CORP | 21.2M | $1.63B | +3.5% | 0.969% | 1.63% |
| 8 | 1832 Asset Management L.P. | 28.6M | $1.55B | -1.6% | 1.311% | 0.78% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 25.1M | $1.40B | +13.0% | 1.149% | 0.07% |
| 10 | CIBC WORLD MARKET INC. | 25.8M | $1.40B | -1.0% | 1.179% | 2.24% |
| 11 | NORGES BANK | 24.0M | $1.30B | — | 1.100% | 0.13% |
| 12 | NATIONAL BANK OF CANADA /FI/ | 20.7M | $1.12B | +6.2% | 0.948% | 0.80% |
| 13 | Connor, Clark & Lunn Investment Management Ltd. | 20.6M | $1.12B | +18.4% | 0.945% | 2.12% |
| 14 | VANGUARD FIDUCIARY TRUST CO | 19.3M | $1.05B | +0.9% | 0.886% | 0.23% |
| 15 | Legal & General Group Plc | 17.4M | $944.8M | -8.1% | 0.798% | 0.20% |
| 16 | Vanguard Global Advisers, LLC | 16.8M | $908.9M | +9.3% | 0.768% | 0.42% |
| 17 | TD Waterhouse Canada Inc. | 16.2M | $864.0M | +1.0% | 0.741% | 2.27% |
| 18 | GOLDMAN SACHS GROUP INC | 15.7M | $851.7M | -17.7% | 0.720% | 0.07% |
| 19 | JPMORGAN CHASE & CO | 14.8M | $818.9M | +1.1% | 0.677% | 0.05% |
| 20 | SCOTIA CAPITAL INC. | 14.4M | $778.1M | -1.7% | 0.658% | 2.91% |
| 21 | CIBC Asset Management Inc | 14.1M | $764.0M | -3.1% | 0.645% | 1.67% |
| 22 | MORGAN STANLEY | 13.9M | $753.3M | +15.8% | 0.636% | 0.04% |
| 23 | Blackstone Inc. | 13.6M | $739.4M | -3.3% | 0.625% | 1.90% |
| 24 | TORONTO DOMINION BANK | 12.2M | $659.2M | -35.2% | 0.557% | 0.76% |
| 25 | Amundi | 11.9M | $647.7M | +8.5% | 0.547% | 0.16% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in ENB — a direct measure of their conviction.
Filings activity in ENB during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,513 | +2.7% | 49.72% | +0.97 pp | $58.74B | 12% |
| Q1 2026 | 1,473 | +6.0% | 48.75% | 1.51 pp | $67.06B | +30% |
| Q4 2025 | 1,389 | +2.3% | 50.26% | 0.46 pp | $51.64B | 5.4% |
| Q3 2025 | 1,358 | +1.0% | 50.72% | 1.84 pp | $54.62B | 3.1% |
| Q2 2025 | 1,344 | +2.4% | 52.56% | +2.84 pp | $56.36B | +16% |
| Q1 2025 | 1,313 | +2.3% | 49.72% | 0.92 pp | $48.55B | +8.8% |
| Q4 2024 | 1,283 | +5.3% | 50.64% | +0.14 pp | $44.63B | +4.6% |
| Q3 2024 | 1,218 | — | 50.50% | — | $42.67B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying ENB stock.
Based on Q2 2026 13F filings, institutional ownership of Enbridge Inc. stands at 49.7%, held across 1,513 reporting institutions.
ROYAL BANK OF CANADA is the largest reported institutional holder of ENB, with approximately 114,775,406 shares worth $6.22B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of ENB.
Our composite Smart Money Score for ENB is 49 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
98 institutions opened new positions in ENB during Q2 2026, while 79 fully exited. 848 added to existing positions and 502 trimmed.
ENB institutional ownership rose by 0.97 percentage points quarter-over-quarter, with a net change of +40 holders.
The top 10 institutions account for 42.8% of all reported 13F value in ENB, and the top 25 account for 65.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Enbridge Inc. (ENB) Institutional Ownership