Enbridge Inc. (ENB): Q2 2026 13F — more filers, higher reported value, and a cluster of new Vanguard-affiliated CIKs
You are looking at Enbridge Inc. — energy name listed on NYSE as ENB. Below is a read of the latest Form 13F tape (period of report 2026-06-30, Q2 2026) versus the prior quarter (2026-03-31, Q1 2026), plus a short company overview.
Enbridge Inc. / ENBRIDGE INC
What changed in Q2 2026?
Last quarter = Q2 2026 (period of report 2026-06-30) versus prior Q1 2026 (2026-03-31). Figures are reported 13F values (USD) as filed — delayed snapshots, not live prices.
Here is the story in one breath: more 13F filers (1,513 vs 1,471), and the aggregate reported 13F value rose (about $56.73B from about $49.98B). Total disclosed shares also moved to about 1,052,429,199 from about 939,261,210. Hedge-style* holders numbered 9 in Q2 2026 versus 14 in Q1 2026. On the full 13F tape, 152 managers entered and 110 exited (hedge-style* enter/exit: 0 / 5).
Status mix across the QoQ tape (1,623 manager rows including exits): 152 ENTERED, 110 EXITED, 516 INCREASED, 509 DECREASED, 336 UNCHANGED.
Reporting-entity note: several Vanguard-affiliated names appear as ENTERED under new CIKs in Q2 2026 (for example VANGUARD CAPITAL MANAGEMENT LLC ($3.40B), VANGUARD FIDUCIARY TRUST CO ($1.05B), Vanguard Global Advisers, LLC ($908.85M), VANGUARD ASSET MANAGEMENT, Ltd ($251.48M)). That is a 13F filer / CIK event in this tape — not automatically the same thing as “Vanguard never owned ENB before.” Read it as new reporting entities showing up for this CUSIP in the QoQ join.
Who holds ENB now?
Largest Q2 2026 13F holders by reported position value (top 18 of 1,513). Block size ≈ reported value. Click a name for the fund page.
| # | Manager | Shares (Q2) | Reported value | % of mgr AUM | Hedge-style* | Status | Accession |
|---|---|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | 108,387,706 | $5.88B | 87.4999% | No | INCREASED | 0001140361-26-033080 |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 62,781,529 | $3.40B | 7.2745% | No | ENTERED | 0002100119-26-001527 |
| 3 | BANK OF MONTREAL /CAN/ | 61,486,532 | $3.33B | 109.6983% | No | INCREASED | 0000927971-26-000090 |
| 4 | GQG Partners LLC | 49,084,876 | $2.66B | 494.9786% | No | DECREASED | 0001062993-26-004224 |
| 5 | DEUTSCHE BANK AG\ | 34,135,814 | $1.85B | 53.7271% | No | DECREASED | 0000948046-26-000042 |
| 6 | TD Asset Management Inc | 31,276,338 | $1.70B | 146.8844% | No | DECREASED | 0001193125-26-332058 |
| 7 | MACKENZIE FINANCIAL CORP | 21,151,328 | $1.63B | 162.7447% | No | INCREASED | 0001062993-26-004254 |
| 8 | 1832 Asset Management L.P. | 28,620,616 | $1.55B | 77.8073% | No | DECREASED | 0001062993-26-004300 |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 25,099,241 | $1.40B | 7.4583% | No | INCREASED | 0001214717-26-000008 |
| 10 | CIBC WORLD MARKET INC. | 25,754,086 | $1.40B | 223.8136% | No | INCREASED | 0001421224-26-000006 |
| 11 | NORGES BANK | 24,021,424 | $1.30B | 12.9715% | No | ENTERED | 0001374170-26-000069 |
| 12 | NATIONAL BANK OF CANADA /FI/ | 20,703,852 | $1.12B | 80.1787% | No | INCREASED | 0000926171-26-000010 |
| 13 | Connor, Clark & Lunn Investment Management Ltd. | 20,624,547 | $1.12B | 211.6535% | No | INCREASED | 0001596800-26-000012 |
| 14 | VANGUARD FIDUCIARY TRUST CO | 19,349,126 | $1.05B | 23.0937% | No | ENTERED | 0000933478-26-000015 |
| 15 | Legal & General Group Plc | 17,428,310 | $944.78M | 19.7016% | No | DECREASED | 0001495115-26-000017 |
| 16 | Vanguard Global Advisers, LLC | 16,759,562 | $908.85M | 42.3503% | No | ENTERED | 0001811242-26-000015 |
| 17 | TD Waterhouse Canada Inc. | 16,189,798 | $863.95M | 227.4509% | No | INCREASED | 0002052595-26-000080 |
| 18 | GOLDMAN SACHS GROUP INC | 15,711,989 | $851.75M | 7.3960% | No | DECREASED | 0000886982-26-000519 |
| 19 | JPMORGAN CHASE & CO | 14,781,958 | $818.92M | 4.5318% | No | INCREASED | 0000019617-26-000325 |
| 20 | SCOTIA CAPITAL INC. | 14,359,061 | $778.12M | 290.8090% | No | DECREASED | 0001335644-26-000003 |
| 21 | CIBC Asset Management Inc | 14,080,398 | $763.98M | 167.4961% | No | DECREASED | 0001172661-26-003011 |
| 22 | MORGAN STANLEY | 13,895,886 | $753.30M | 3.9840% | No | INCREASED | 0000895421-26-000243 |
| 23 | Blackstone Inc. | 13,639,861 | $739.42M | 224.5642% | No | DECREASED | 0001193125-26-352211 |
| 24 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 11,079,469 | $599.71M | 46.7977% | No | INCREASED | 0001145443-26-000090 |
| 25 | CANADA PENSION PLAN INVESTMENT BOARD | 10,800,535 | $585.11M | 32.3666% | No | DECREASED | 0001104659-26-097308 |
Fund activity — Q1 2026 → Q2 2026
Top increases and decreases by change in % of the manager’s reported AUM, shown as treemap-style cards. Dollar heatmaps follow.
Top funds increasing % AUM
Largest positive Δ %AUM (entries + any adds).
Top funds decreasing % AUM
Largest negative Δ %AUM (cuts + exits).
Top $ increases (reported value)
Top $ decreases (reported value)
Funds entering & exiting
New fund appearances (ENTERED) and disappearances (EXITED) on the QoQ 13F tape — all filers vs hedge-style* only. Counts are status rows from the QoQ join across the full Form 13F filer set for this CUSIP/ticker — not live flow.
Key Q2 2026 movers (by |Δ reported value|)
The largest absolute dollar increase is VANGUARD CAPITAL MANAGEMENT LLC (status ENTERED, Δ about $3.40B) — accession 0002100119-26-001527. On the downside, the largest absolute dollar decrease is GQG Partners LLC (DECREASED, Δ about -$1.47B).
Largest Q2 2026 ENTERED names by reported value include: VANGUARD CAPITAL MANAGEMENT LLC ($3.40B), NORGES BANK ($1.30B), VANGUARD FIDUCIARY TRUST CO ($1.05B), Vanguard Global Advisers, LLC ($908.85M), ONTARIO TEACHERS PENSION PLAN B… ($467.78M).
Largest EXITED names by prior reported value include: Amundi (prior $596.19M), JANUS HENDERSON GROUP PLC (prior $53.49M), HighTower Advisors, LLC (prior $33.07M), MARSHALL WACE, LLP (prior $14.60M), Balyasny Asset Management L.P. (prior $12.40M).
Top QoQ activity rows (by |Δ value|)
Showing 50 of 1,623 QoQ manager rows — sorted by absolute change in reported value.
| Manager | Status | Shares Q1 | Shares Q2 | Value Q1 | Value Q2 | Δ Value | SEC |
|---|---|---|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | ENTERED | — | 62,781,529 | — | $3.40B | $3.40B | SEC |
| GQG Partners LLC | DECREASED | 76,426,780 | 49,084,876 | $4.13B | $2.66B | -$1.47B | SEC |
| NORGES BANK | ENTERED | — | 24,021,424 | — | $1.30B | $1.30B | SEC |
| VANGUARD FIDUCIARY TRUST CO | ENTERED | — | 19,349,126 | — | $1.05B | $1.05B | SEC |
| Vanguard Global Advisers, LLC | ENTERED | — | 16,759,562 | — | $908.85M | $908.85M | SEC |
| Amundi | EXITED | 11,012,062 | — | $596.19M | — | -$596.19M | SEC |
| MACKENZIE FINANCIAL CORP | INCREASED | 20,429,369 | 21,151,328 | $1.11B | $1.63B | $519.46M | SEC |
| ONTARIO TEACHERS PENSION PLAN BOARD | ENTERED | — | 8,634,722 | — | $467.78M | $467.78M | SEC |
| TD Asset Management Inc | DECREASED | 39,677,169 | 31,276,338 | $2.14B | $1.70B | -$448.52M | SEC |
| TORONTO DOMINION BANK | DECREASED | 16,281,116 | 9,299,341 | $882.71M | $503.78M | -$378.94M | SEC |
| ROYAL BANK OF CANADA | INCREASED | 102,663,447 | 108,387,706 | $5.56B | $5.88B | $317.50M | SEC |
| VANGUARD ASSET MANAGEMENT, Ltd | ENTERED | — | 4,637,312 | — | $251.48M | $251.48M | SEC |
| BANK OF MONTREAL /CAN/ | INCREASED | 57,204,190 | 61,486,532 | $3.10B | $3.33B | $229.43M | SEC |
| Vontobel Holding Ltd. | INCREASED | 1,056,962 | 4,797,300 | $57.31M | $259.89M | $202.58M | SEC |
| Quadrature Capital Ltd | ENTERED | — | 3,527,900 | — | $191.25M | $191.25M | SEC |
| BANK OF NOVA SCOTIA | INCREASED | 5,652,712 | 8,953,708 | $306.35M | $485.53M | $179.18M | SEC |
| Connor, Clark & Lunn Investment Management Ltd. | INCREASED | 17,419,225 | 20,624,547 | $944.44M | $1.12B | $172.91M | SEC |
| GEODE CAPITAL MANAGEMENT, LLC | INCREASED | 22,203,436 | 25,099,241 | $1.23B | $1.40B | $170.41M | SEC |
| CANADA PENSION PLAN INVESTMENT BOARD | DECREASED | 13,796,294 | 10,800,535 | $748.02M | $585.11M | -$162.91M | SEC |
| GOLDMAN SACHS GROUP INC | DECREASED | 18,714,174 | 15,711,989 | $1.01B | $851.75M | -$161.44M | SEC |
| FIL Ltd | DECREASED | 11,470,160 | 8,725,419 | $621.78M | $473.17M | -$148.62M | SEC |
| Orbis Allan Gray Ltd | INCREASED | 1,671,788 | 4,342,664 | $90.51M | $235.42M | $144.91M | SEC |
| D. E. Shaw & Co., Inc. | INCREASED | 1,057,890 | 3,583,713 | $57.31M | $194.19M | $136.88M | SEC |
| Vanguard Investments Australia, Ltd. | ENTERED | — | 2,178,738 | — | $118.15M | $118.15M | SEC |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | DECREASED | 3,196,000 | 1,146,000 | $173.19M | $62.09M | -$111.10M | SEC |
| MORGAN STANLEY | INCREASED | 12,001,433 | 13,895,886 | $649.76M | $753.30M | $103.54M | SEC |
| Public Sector Pension Investment Board | INCREASED | 428,619 | 2,300,993 | $23.22M | $124.66M | $101.43M | SEC |
| Clearbridge Investments, LLC | DECREASED | 8,570,330 | 6,705,691 | $464.00M | $363.52M | -$100.48M | SEC |
| MUFG Securities EMEA plc | ENTERED | — | 1,600,000 | — | $86.63M | $86.63M | SEC |
| Legal & General Group Plc | DECREASED | 18,969,741 | 17,428,310 | $1.03B | $944.78M | -$80.34M | SEC |
| Invesco Ltd. | DECREASED | 4,750,072 | 3,347,708 | $257.17M | $181.48M | -$75.69M | SEC |
| RNC CAPITAL MANAGEMENT LLC | ENTERED | — | 1,384,546 | — | $75.06M | $75.06M | SEC |
| BANK OF AMERICA CORP /DE/ | DECREASED | 8,277,329 | 7,026,305 | $448.13M | $380.90M | -$67.24M | SEC |
| NATIONAL BANK OF CANADA /FI/ | INCREASED | 19,496,834 | 20,703,852 | $1.05B | $1.12B | $67.15M | SEC |
| RAYMOND JAMES FINANCIAL INC | DECREASED | 5,206,213 | 4,042,706 | $281.86M | $219.16M | -$62.71M | SEC |
| Nykredit A/S | ENTERED | — | 1,111,486 | — | $60.25M | $60.25M | SEC |
| KAYNE ANDERSON CAPITAL ADVISORS LP | DECREASED | 6,095,939 | 5,029,159 | $330.03M | $272.63M | -$57.40M | SEC |
| VAN ECK ASSOCIATES CORP | INCREASED | 1,031,146 | 1,045,461 | $55,831 | $56.67M | $56.62M | SEC |
| JANUS HENDERSON GROUP PLC | EXITED | 988,554 | — | $53.49M | — | -$53.49M | SEC |
| Jupiter Topco LLC | ENTERED | — | 982,542 | — | $53.27M | $53.27M | SEC |
| Thomasville National Bank | ENTERED | — | 880,638 | — | $47.74M | $47.74M | SEC |
| JANE STREET GROUP, LLC | INCREASED | 283,091 | 1,125,175 | $15.33M | $61.00M | $45.67M | SEC |
| Bank of New York Mellon Corp | INCREASED | 6,782,732 | 7,611,637 | $367.22M | $412.63M | $45.41M | SEC |
| TORTOISE CAPITAL ADVISORS, L.L.C. | DECREASED | 6,696,559 | 5,961,957 | $362.55M | $323.20M | -$39.35M | SEC |
| HighTower Advisors, LLC | EXITED | 610,943 | — | $33.07M | — | -$33.07M | SEC |
| PICTON MAHONEY ASSET MANAGEMENT | INCREASED | 2,780,513 | 3,371,682 | $150.65M | $182.39M | $31.73M | SEC |
| Kepler Cheuvreux (Suisse) SA | INCREASED | 141,444 | 523,127 | $10.64M | $40.30M | $29.65M | SEC |
| CITIGROUP INC | INCREASED | 201,915 | 737,999 | $10.91M | $40.01M | $29.10M | SEC |
| M&G PLC | DECREASED | 2,444,759 | 1,937,470 | $131.83M | $103.90M | -$27.94M | SEC |
| Ninepoint Partners LP | ENTERED | — | 507,626 | — | $27.52M | $27.52M | SEC |
Company AI overview — Enbridge Inc.
Enbridge Inc. is a Calgary-headquartered energy delivery company. Its common shares trade on the NYSE and TSX as ENB. The company says it has a workforce of about 16,000 people, primarily in the United States and Canada. Corporate HQ: Suite 200, Fifth Avenue Place, 425 – 1st Street S.W., Calgary, Alberta, Canada T2P 3L8 (enbridge.com/About-Us).
Short history / what they do. Enbridge runs large North American energy networks. Management describes four core businesses: liquids pipelines, natural gas pipelines, gas utilities and storage, and renewable energy (including a growing European offshore wind portfolio). Company materials say Enbridge moves about 30% of the crude oil produced in North America, transports nearly 20% of the natural gas consumed in the U.S., and operates North America’s largest natural gas utility by volume.
Business model & revenue streams. Think toll-road economics more than “oil price lottery.” Cash flow comes mainly from long-lived pipeline and utility assets — transportation fees, regulated utility returns, and contracted power — with a stated focus on keeping energy accessible and affordable while advancing lower-carbon options (renewable natural gas, carbon capture and storage, hydrogen). Enbridge targets net-zero emissions from operations by 2050 (Scope 1 and 2, assets under operational control; see company sustainability disclosures).
Competition. Peers sit across North American midstream and utility space — other large pipeline operators, gas utilities, and renewables owners that compete for capital projects, contracted volumes, and regulated rate frameworks. Enbridge’s pitch is a diversified “energy delivery” footprint rather than a single commodity bet.
Moat (keep it humble). Scale, rights-of-way, and regulated / contracted cash flows can be sticky, but project execution, safety, policy, and FX still matter. Treat “moat” as a framework, not a guarantee.
Challenges & opportunities. Challenges include project permitting, safety/regulatory oversight, FX translation (CAD reporting), and balancing conventional throughput with energy-transition investments. Opportunities track durable demand for liquids and gas transport, utility rate-base growth, and a disclosed multi-year secured growth backlog (company said ~$40B in its Q1 2026 update).
Recent update (company / SEC). On 8 May 2026, Enbridge reported Q1 2026 results and reaffirmed 2026 guidance: adjusted EBITDA guidance C$20.2–20.8B and DCF/share C$5.70–6.10, plus a medium-term ~5% growth outlook. Q1 adjusted EBITDA was about C$5.81B (in-line YoY); DCF about C$3.85B / C$1.76 per share. The board declared a common quarterly dividend of C$0.97 (payable 1 Jun 2026). Sources: Enbridge Q1 2026 release; SEC exhibit enb-ex99_1.htm.
Q2 2026 accession sample (largest holders)
SEC index links for accessions tied to the largest Q2 2026 reported positions. Filing dates live on each EDGAR index page.
| Accession | Manager | CIK | Type |
|---|---|---|---|
| 0001140361-26-033080 | ROYAL BANK OF CANADA | 1000275 | 13F-HR |
| 0002100119-26-001527 | VANGUARD CAPITAL MANAGEMENT LLC | 2100119 | 13F-HR |
| 0000927971-26-000090 | BANK OF MONTREAL /CAN/ | 927971 | 13F-HR |
| 0001062993-26-004224 | GQG Partners LLC | 1697233 | 13F-HR |
| 0000948046-26-000042 | DEUTSCHE BANK AG\ | 948046 | 13F-HR |
| 0001193125-26-332058 | TD Asset Management Inc | 1056053 | 13F-HR |
| 0001062993-26-004254 | MACKENZIE FINANCIAL CORP | 919859 | 13F-HR |
| 0001062993-26-004300 | 1832 Asset Management L.P. | 944388 | 13F-HR |
| 0001214717-26-000008 | GEODE CAPITAL MANAGEMENT, LLC | 1214717 | 13F-HR |
| 0001421224-26-000006 | CIBC WORLD MARKET INC. | 1421224 | 13F-HR |
| 0001374170-26-000069 | NORGES BANK | 1374170 | 13F-HR |
| 0000926171-26-000010 | NATIONAL BANK OF CANADA /FI/ | 926171 | 13F-HR |
| 0001596800-26-000012 | Connor, Clark & Lunn Investment Management Ltd. | 1596800 | 13F-HR |
| 0000933478-26-000015 | VANGUARD FIDUCIARY TRUST CO | 933478 | 13F-HR |
| 0001495115-26-000017 | Legal & General Group Plc | 764068 | 13F-HR |
Sources & provenance
- Company site: https://www.enbridge.com/
- Investor relations: https://www.enbridge.com/investment-center
- About / overview: https://www.enbridge.com/About-Us
- Form 13F holdings for period of report 2026-06-30 and 2026-03-31 — individual SEC accession index links in the tables above (EDGAR pattern
https://www.sec.gov/Archives/edgar/data/{cik_from_accession}/{accession_nodash}/{accession}-index.htm). - QuantyFight stock page: https://quantyfight.com/stocks/ENB
- Market-cap context on this page ≈ $119.1B from holdings metadata (rounded).