Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FTS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | 35.2M | $1.97B | -3.9% | 6.946% | 0.34% |
| 2 | BANK OF MONTREAL /CAN/ | 24.8M | $1.38B | +0.1% | 4.886% | 0.52% |
| 3 | FIL Ltd | 19.4M | $1.08B | -2.5% | 3.822% | 0.84% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 15.2M | $846.4M | — | 2.990% | 0.02% |
| 5 | TD ASSET MANAGEMENT INC | 13.4M | $747.1M | -0.7% | 2.648% | 0.61% |
| 6 | SCOTIA CAPITAL INC. | 9.4M | $523.5M | +0.2% | 1.851% | 2.15% |
| 7 | TD Waterhouse Canada Inc. | 9.3M | $516.2M | +81.1% | 1.834% | 1.53% |
| 8 | CIBC World Markets Inc. | 7.8M | $437.1M | -8.5% | 1.544% | 0.71% |
| 9 | 1832 Asset Management L.P. | 7.6M | $421.8M | -10.1% | 1.490% | 0.56% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 6.8M | $400.0M | +3.5% | 1.345% | 0.02% |
| 11 | NATIONAL BANK OF CANADA /FI/ | 6.8M | $377.6M | -7.6% | 1.337% | 0.39% |
| 12 | Legal & General Group Plc | 6.0M | $335.8M | +1.4% | 1.190% | 0.08% |
| 13 | Connor, Clark & Lunn Investment Management Ltd. | 4.8M | $270.2M | +14.2% | 0.954% | 0.62% |
| 14 | BANK OF NOVA SCOTIA | 4.6M | $256.0M | +4.2% | 0.904% | 0.45% |
| 15 | MACKENZIE FINANCIAL CORP | 4.5M | $253.4M | +35.8% | 0.895% | 0.30% |
| 16 | VANGUARD FIDUCIARY TRUST CO | 4.4M | $248.1M | — | 0.876% | 0.06% |
| 17 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 4.0M | $220.3M | +26.0% | 0.779% | 0.19% |
| 18 | GOLDMAN SACHS GROUP INC | 3.6M | $202.5M | -25.5% | 0.716% | 0.02% |
| 19 | Vanguard Global Advisers, LLC | 3.6M | $198.4M | — | 0.701% | 0.11% |
| 20 | TORONTO DOMINION BANK | 2.8M | $158.1M | -32.9% | 0.559% | 0.23% |
| 21 | CIBC Asset Management Inc | 2.6M | $147.1M | -0.7% | 0.520% | 0.36% |
| 22 | CANADA PENSION PLAN INVESTMENT BOARD | 2.6M | $144.9M | +6.3% | 0.512% | 0.09% |
| 23 | TWO SIGMA INVESTMENTS, LP | 2.5M | $139.9M | +294.4% | 0.494% | 0.11% |
| 24 | BANK OF AMERICA CORP /DE/ | 2.1M | $118.6M | -10.3% | 0.419% | 0.01% |
| 25 | MORGAN STANLEY | 1.9M | $107.8M | -45.6% | 0.381% | 0.01% |
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 FTS — a direct measure of their conviction.
Filings activity in FTS during Q1 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 |
|---|---|---|---|---|---|---|
| Q1 2026 | 341 | +11% | 47.86% | +2.03 pp | $13.82B | +4.4% |
| Q4 2025 | 308 | +0.7% | 45.83% | +2.44 pp | $13.23B | +5.6% |
| Q3 2025 | 306 | +3.4% | 43.39% | 4.98 pp | $12.53B | 10% |
| Q2 2025 | 296 | +2.4% | 48.37% | +10.06 pp | $13.97B | +26% |
| Q1 2025 | 289 | +0.0% | 38.31% | +4.51 pp | $11.06B | +13% |
| Q4 2024 | 289 | +2.8% | 33.80% | 3.48 pp | $9.76B | 9.3% |
| Q3 2024 | 281 | +2.9% | 37.28% | 70.25 pp | $10.77B | 65% |
| Q2 2024 | 273 | — | 107.53% | — | $31.05B | — |
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 FTS stock.
Based on Q1 2026 13F filings, institutional ownership of Fortis Inc. stands at 47.9%, held across 341 reporting institutions.
ROYAL BANK OF CANADA is the largest reported institutional holder of FTS, with approximately 35,241,451 shares worth $1.97B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of FTS, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for FTS is 69 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
59 institutions opened new positions in FTS during Q1 2026, while 26 fully exited. 225 added to existing positions and 55 trimmed.
FTS institutional ownership rose by 2.03 percentage points quarter-over-quarter, with a net change of +33 holders.
The top 10 institutions account for 60.2% of all reported 13F value in FTS, and the top 25 account for 83.2%.
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.
Fortis Inc. (FTS) Institutional Ownership