SecurityFTS / Fortis Inc.
InstitutionBridgewater Associates, LP
ManagerRay Dalio, Bob Prince
Shares173,373
Value $ 5,538,000

Bridgewater Associates, LP reports 262.03% increase in ownership of FTS / Fortis Inc.

August 13, 2018 - Bridgewater Associates, LP has filed a 13F-HR form disclosing ownership of 173,373 shares of Fortis Inc. (NYSE:FTS) with total holdings valued at $5,538,000 USD as of June 30, 2018. Bridgewater Associates, LP had filed a previous 13F-HR on May 15, 2018 disclosing 47,889 shares of Fortis Inc. at a value of $1,615,000 USD. This represents a change in shares of 262.03 percent and a change in value of 242.91 percent during the quarter.

Other investors with positions similar to Bridgewater Associates, LP include Two Sigma Advisers, Lp, Covalis Capital Llp, Citigroup Inc, Barclays Plc, UBS Group AG, and Forsta Ap-fonden.

Bridgewater Associates, LP reports 262.03% increase in  ownership of FTS / Fortis Inc.

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR FORTIS COM 349553107 32.83 173,373 262.03 5,538 242.91 4,120 -197 -12.20
2018-03-31 13F-HR FORTIS COM 349553107 35.26 47,889 -2.24 1,615 -10.43 -39 -149 -8.28
2017-12-31 13F-HR FORTIS COM 349553107 36.30 48,988 -41.04 1,803 -39.37 -1,238 67 2.24
2017-09-30 13F-HR FORTIS COM 349553107 35.45 83,086 0.00 2,974 1.99 0 58 1.99
2017-06-30 13F-HR FORTIS COM 349553107 83,086 2,916

Related SEC Filings

FTS / Fortis Inc. / BANK OF MONTREAL /CAN/ - SC 13G (Passive Investment)

2018-02-14 sec.gov
SC 13G     UNITED STATES Securities and Exchange Commission Washington, D.C. 20549     SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.     )     FORTIS INC (Name of Issuer) COM (Title of Class of Securities) 349553107 (CUSIP Number) Dec 31, 2017 (Date of Event Which Requires Filing of this Statement)     Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d)     * The remainder of this cover

FTS / Fortis Inc. / BANK OF MONTREAL /CAN/ - SC 13G (Passive Investment)

2018-02-14 sec.gov
SC 13G     UNITED STATES Securities and Exchange Commission Washington, D.C. 20549     SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.     )     FORTIS INC (Name of Issuer) COM (Title of Class of Securities) 349553107 (CUSIP Number) Dec 31, 2017 (Date of Event Which Requires Filing of this Statement)     Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d)     * The remainder of this cover

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CUSIP: 349553107