The largest single shareholder of Enbridge stock is Royal Bank of Canada.
Largest Shareholder of Enbridge
Royal Bank of Canada holds a significant portion of Enbridge Inc. (NYSE: ENB) shares. They own 118.68 million shares, which represents 5.45% of the entire company. The value of Royal Bank of Canada's Enbridge shares is currently estimated at $4.83 billion.
Here’s a snapshot of their holdings:
| Shareholder | Shares Owned (Millions) | Percentage of Company | Value (Billions USD) |
|---|---|---|---|
| Royal Bank of Canada | 118.68 | 5.45% | $4.83 |
Enbridge Stock Ownership Breakdown
Beyond individual large shareholders like Royal Bank of Canada, Enbridge's stock ownership is broadly distributed among different investor types. This diversity in ownership is typical for large, publicly traded companies and provides insight into the company's investor base.
The overall ownership structure of Enbridge Inc. (NYSE: ENB) is broken down as follows:
- Institutional Shareholders: These large entities, such as mutual funds, pension funds, and investment firms, collectively own 49.88% of Enbridge stock. Their holdings often reflect long-term investment strategies and can influence the company's governance.
- Retail Investors: Individual investors directly own 49.97% of Enbridge shares. This substantial percentage indicates strong interest from the general public.
- Enbridge Insiders: Company executives, directors, and other insiders hold a smaller portion, accounting for 0.15% of the stock. Insider ownership can sometimes signal confidence in the company's future prospects.
This distribution highlights that while institutions hold a substantial share, retail investors also play a nearly equal role in the ownership of Enbridge.
