13FPulse
EN

ENB ENBRIDGE INC

2026Q2 · CUSIP 29250N105 · Sector: Industrials

Exiting + falling

Funds leaving and price falling — historically weak for the next six months

Funds that own it
1,472
Institutions that reported holding it to the SEC
Net decrease in holders
16
Last quarter 1,488 → now 1,472
How unusual is that
Bottom 20%
Stronger than only 9% of US stocks
What the filings say, in one paragraph

1,472 funds held ENB at the end of 2026Q2, down 16 from the quarter before. Buying is stronger than only 8.5% of US stocks, and the price fell over the same quarter — funds leaving and price weakness at the same time. On the business itself, revenue over the last 12 months was $69.0B(YoY +13.3%), the P/E is 17.1x, return on equity is 10.6%. ENB has had 28 buying rushes in its history, and the price moved +6.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=265 2013Q4: holders=285 2014Q1: holders=291 2014Q2: holders=302 2014Q3: holders=308 2014Q4: holders=312 2015Q1: holders=317 2015Q2: holders=318 2015Q3: holders=319 2015Q4: holders=302 2016Q1: holders=312 2016Q2: holders=315 2016Q3: holders=338 2016Q4: holders=340 2017Q1: holders=797 2017Q2: holders=774 2017Q3: holders=763 2017Q4: holders=808 2018Q1: holders=770 2018Q2: holders=795 2018Q3: holders=816 2018Q4: holders=924 2019Q1: holders=964 2019Q2: holders=966 2019Q3: holders=952 2019Q4: holders=1059 2020Q1: holders=946 2020Q2: holders=935 2020Q3: holders=915 2020Q4: holders=986 2021Q1: holders=1010 2021Q2: holders=1072 2021Q3: holders=1058 2021Q4: holders=1155 2022Q1: holders=1172 2022Q2: holders=1194 2022Q3: holders=1142 2022Q4: holders=1189 2023Q1: holders=1171 2023Q2: holders=1167 2023Q3: holders=1139 2023Q4: holders=1177 2024Q1: holders=1201 2024Q2: holders=1215 2024Q3: holders=1248 2024Q4: holders=1323 2025Q1: holders=1346 2025Q2: holders=1365 2025Q3: holders=1386 2025Q4: holders=1416 2026Q1: holders=1488 2026Q2: holders=1472 -457 -228.5 +0 +228.5 +457 2389011563 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 28 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 5%
2025Q4 Top 20% +12.1%
2025Q3 Top 20% +9.5% +22.7%
2025Q2 Top 20% +2.6% +10.5%
2025Q1 Top 10% +6.5% +7.8%
2024Q4 Top 10% +5.7% +11.6%
2024Q3 Top 10% -0.4% +9.4%
2024Q2 Top 20% +11.3% +12.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
259
Change in large funds
+12
Total value they hold
$58.3B
Funds buying for the first time
119
Funds that sold out entirely
135
Price change that quarter
-10.8%
Funds holding puts (bearish)
17
Funds holding calls (bullish)
22

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
17.1
EPS (TTM)
$2.95
EPS YoY
+8.9%
Revenue (TTM)
$69.0B
Revenue YoY
+13.3%
Net margin
10.0%
ROE
10.6%
Debt ratio
70.0%
FCF (TTM)
$1.9B
Dividend (TTM)
$3.80
Quarterly Revenue & EPS
2022-06-30: EPS 0.22 2022-09-30: EPS 0.63 2022-12-31: EPS -0.53 2023-03-31: EPS 0.85 2023-06-30: EPS 0.91 2023-09-30: EPS 0.26 2023-12-31: EPS 0.81 2024-03-31: EPS 0.67 2024-06-30: EPS 0.86 2024-09-30: EPS 0.59 2024-12-31: EPS 0.23 2025-03-31: EPS 1.03 2025-06-30: EPS 1.00 2025-09-30: EPS 0.30 2025-12-31: EPS 0.89 2026-03-31: EPS 0.76 0B 11.2B 22.4B $B -0.58 0.28 1.13 20222023202420252026 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 16 10 19 28 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-03-31 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.