Vault-13

EMERA INC EMA

COM · Common Stock · CUSIP 290876101

Publicly traded Canadian multinational energy holding company based in Halifax, Nova Scotia

220 institutional holders +13 vs Q1 2026
155,817,964155.8m shares reported held*
$8.4bnreported value*
33 new 105 added 46 reduced 19 sold out net bought ≈ $117.2m (+2.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($280.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $53.93. Options: 10 managers hold calls ($93.6m notional), 7 hold puts ($7.2m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 2Q4 22: 2Q1 23: 2Q2 23: 2Q3 23: 2Q4 23: 2Q1 24: 3Q2 24: 5Q3 24: 3Q4 24: 3Q1 25: 5Q2 25: 134Q3 25: 166Q4 25: 176Q1 26: 207Q2 26: 220220Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20222
Q4 20222
Q1 20232
Q2 20232
Q3 20232
Q4 20232
Q1 20243
Q2 20245
Q3 20243
Q4 20243
Q1 20255
Q2 2025134
Q3 2025166
Q4 2025176
Q1 2026207
Q2 2026220

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 24: 0 bought or addedQ3 24: 4 cut or sold outQ4 24: 0 bought or addedQ4 24: 1 cut or sold outQ4 24Q1 25: 2 bought or addedQ1 25: 1 cut or sold outQ2 25: 129 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 100 bought or addedQ3 25: 46 cut or sold outQ4 25: 87 bought or addedQ4 25: 76 cut or sold outQ4 25Q1 26: 116 bought or addedQ1 26: 66 cut or sold outQ2 26: 138 bought or addedQ2 26: 65 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202404
Q4 202401
Q1 202521
Q2 20251293
Q3 202510046
Q4 20258776
Q1 202611666
Q2 202613865

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$25m$50m$75m$100mQ3 25 calls: $76.3mQ3 25 puts: $60.1mQ3 25P/C 0.79Q4 25 calls: $82.9mQ4 25 puts: $47.5mQ4 25P/C 0.57Q1 26 calls: $81.0mQ1 26 puts: $46.2mQ1 26P/C 0.57Q2 26 calls: $93.6mQ2 26 puts: $7.2mQ2 26P/C 0.08
Numbers
QuarterCallsPutsP/C
Q3 2025$76.3m$60.1m0.79
Q4 2025$82.9m$47.5m0.57
Q1 2026$81.0m$46.2m0.57
Q2 2026$93.6m$7.2m0.08

Biggest buyers

MORGAN STANLEY Added +2,721,119+2.7m
CANADA PENSION PLAN INVESTMENT BOARD Added +1,454,872+1.5m
GOLDMAN SACHS GROUP INC Added +1,118,557+1.1m
Covalis Capital LLP New +734,477+734.5k
JANE STREET GROUP, LLC Added +594,066+594.1k
TWO SIGMA INVESTMENTS, LP Added +455,514+455.5k
CIBC WORLD MARKET INC. Added +448,337+448.3k
ROYAL BANK OF CANADA Added +444,420+444.4k
BANK OF MONTREAL /CAN/ Added +379,129+379.1k
GEODE CAPITAL MANAGEMENT, LLC Added +337,997+338.0k

Biggest sellers

TD Asset Management Inc Reduced -2,533,503-2.5m
ATLAS Infrastructure Partners (UK) Ltd. Reduced -1,898,159-1.9m
BANK OF AMERICA CORP /DE/ Reduced -1,072,222-1.1m
Point72 Asset Management, L.P. Sold out -1,026,305-1.0m
FIL Ltd Reduced -782,440-782.4k
TORONTO DOMINION BANK Reduced -769,404-769.4k
Invesco Ltd. Reduced -379,053-379.1k
MACKENZIE FINANCIAL CORP Reduced -190,465-190.5k
DUFF & PHELPS INVESTMENT MANAGEMENT CO Reduced -187,660-187.7k
CIBC Asset Management Inc Reduced -164,061-164.1k

Biggest calls

TORONTO DOMINION BANK Reduced $30.4m573.4k shares
SIG North Trading, ULC Added $21.6m407.6k shares
NATIONAL BANK OF CANADA /FI/ Reduced $15.0m2.8k shares
ROYAL BANK OF CANADA New $11.1m210.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $6.1m114.3k shares
D. E. Shaw & Co., Inc. Added $5.3m100.0k shares
CITADEL ADVISORS LLC New $3.4m64.1k shares
JANE STREET GROUP, LLC New $328.6k6.2k shares
IMC-Chicago, LLC New $201.5k3.8k shares
SIMPLEX TRADING, LLC Added $180.3k3.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $2.4m46.1k shares
ROYAL BANK OF CANADA Reduced $1.9m36.0k shares
SIG North Trading, ULC Added $1.7m32.3k shares
TORONTO DOMINION BANK Added $763.1k14.4k shares
NATIONAL BANK OF CANADA /FI/ Reduced $270.5k51 shares
SIMPLEX TRADING, LLC New $68.9k1.3k shares
BANK OF MONTREAL /CAN/ New $26.5k500 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-10-27 8.0% +1.1 pts 24.5m≈ $1.3bn 2026-10-27
BANK OF MONTREAL /CAN/ 13G · institution new · filed 2025-08-06 5.3% new 15.8m≈ $837.0m 2025-08-06

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF MONTREAL /CAN/ 0.35% of their portfolio TORONTO, A6 18,233,93318.2m $966.2m $966.2m 0.35% Added +379.1k +379,129
2 ROYAL BANK OF CANADA 0.16% of their portfolio TORONTO, A6 18,043,30618.0m $956.7m $956.7m 0.16% Added +444.4k +444,420
3 CIBC WORLD MARKET INC. 1.14% of their portfolio TORONTO, A6 12,825,93812.8m $679.7m $679.7m 1.14% Added +448.3k +448,337
4 FIL Ltd 0.46% of their portfolio HAMILTON, D0 12,029,50412.0m $638.1m $638.1m 0.46% Reduced -782.4k -782,440
5 VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio MALVERN, PA 8,743,9128.7m $463.8m $463.8m 0.01% Added +203.1k +203,081
6 ATLAS Infrastructure Partners (UK) Ltd. 11.36% of their portfolio LONDON, X0 7,069,2717.1m $374.8m $374.8m 11.36% Reduced -1.9m -1,898,159
7 TD Asset Management Inc 0.23% of their portfolio Toronto, A6 5,087,9635.1m $269.8m $269.8m 0.23% Reduced -2.5m -2,533,503
8 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 4,687,4234.7m $269.1m $269.1m 0.01% Added +338.0k +337,997
9 TD Waterhouse Canada Inc. 0.64% of their portfolio TORONTO, A6 4,633,4934.6m $242.6m $242.6m 0.64% Added +57.5k +57,528
10 SCOTIA CAPITAL INC. 0.91% of their portfolio TORONTO, A6 4,599,8344.6m $243.5m $243.5m 0.91% Reduced -70.2k -70,244
11 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 4,417,8034.4m $234.2m $234.2m 0.02% Added +1.1m +1,118,557
12 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,138,5464.1m $219.4m $219.4m 0.01% Added +2.7m +2,721,119
13 CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio TORONTO ONTARIO, A6 3,937,8923.9m $208.7m $208.7m 0.12% Added +1.5m +1,454,872
14 MACKENZIE FINANCIAL CORP 0.29% of their portfolio TORONTO ONTARIO, A6 3,894,0593.9m $293.0m $293.0m 0.29% Reduced -190.5k -190,465
15 NATIONAL BANK OF CANADA /FI/ 0.18% of their portfolio MONTREAL, A8 3,812,2083.8m $201.8m $201.8m 0.18% Added +161.3k +161,326
16 Legal & General Group Plc 0.04% of their portfolio London, X0 3,652,9293.7m $193.7m $193.7m 0.04% Reduced -65.6k -65,626
17 BANK OF NOVA SCOTIA 0.27% of their portfolio TORONTO, A6 3,317,2413.3m $175.9m $175.9m 0.27% Reduced -32.4k -32,399
18 VANGUARD FIDUCIARY TRUST CO 0.03% of their portfolio MALVERN, PA 2,701,2952.7m $143.3m $143.3m 0.03% Added +50.3k +50,342
19 Vanguard Global Advisers, LLC 0.06% of their portfolio MALVERN, PA 2,339,3552.3m $124.1m $124.1m 0.06% Added +217.0k +216,971
20 INTACT INVESTMENT MANAGEMENT INC. 2.97% of their portfolio MONTREAL, A8 1,968,2352.0m $104.4m $104.4m 2.97% Added +173.7k +173,710
21 TORONTO DOMINION BANK 0.17% of their portfolio TORONTO, ONTARIO, A6 1,932,1111.9m $102.4m $102.4m 0.17% Reduced -769.4k -769,404
22 Connor, Clark & Lunn Investment Management Ltd. 0.14% of their portfolio VANCOUVER, A1 1,437,3601.4m $76.2m $76.2m 0.14% Reduced -6.6k -6,625
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,381,3411.4m $73.6m $73.6m 0.00% Added +71.6k +71,586
24 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio Toronto, A6 1,232,6871.2m $65.3m $65.3m 0.05% Added +71.0k +71,020
25 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.82% of their portfolio CHICAGO, IL 1,161,7901.2m $87.4m $87.4m 0.82% Reduced -187.7k -187,660
26 Federation des caisses Desjardins du Quebec 0.16% of their portfolio LEVIS, A8 1,007,8261.0m $53.3m $53.3m 0.16% Reduced -22.0k -21,960
27 Swiss National Bank 0.03% of their portfolio ZURICH, V8 979,400979.4k $51.8m $51.8m 0.03% Reduced -36.2k -36,200
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 973,134973.1k $51.6m $51.6m 0.01% Added +49.2k +49,242
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 832,107832.1k $44.1m $44.1m 0.00% Reduced -1.1m -1,072,222
30 Hillsdale Investment Management Inc. 0.99% of their portfolio Toronto, A6 821,776821.8k $43.5m $43.5m 0.99% Added +181.5k +181,496
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 797,572797.6k $42.3m $42.3m 0.00% Reduced -379.1k -379,053
32 QV Investors Inc. 3.05% of their portfolio CALGARY, A0 747,226747.2k $39.6m $39.6m 3.05% Reduced -35.7k -35,660
33 Covalis Capital LLP 2.20% of their portfolio LONDON, X0 734,477734.5k $38.9m $38.9m 2.20% New
34 CIBC Asset Management Inc 0.08% of their portfolio TORONTO, Z4 656,214656.2k $34.7m $34.7m 0.08% Reduced -164.1k -164,061
35 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 647,005647.0k $34.3m $34.3m 0.02% Reduced -60.7k -60,668
36 Woodbridge Co Ltd 0.13% of their portfolio Toronto, A6 631,641631.6k $33.5m $33.5m 0.13% Unchanged
37 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 617,218617.2k $32.7m $32.7m 0.02% Added +594.1k +594,066
38 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 615,175615.2k $32.6m $32.6m 0.01% Added +22.4k +22,390
39 VANGUARD ASSET MANAGEMENT, Ltd 0.02% of their portfolio London, EC4N 8AF, X0 608,283608.3k $32.3m $32.3m 0.02% Added +53.1k +53,139
40 Public Sector Pension Investment Board 0.08% of their portfolio MONTREAL, A8 586,986587.0k $31.1m $31.1m 0.08% Added +290.1k +290,121
41 BlackRock, Inc. 0.00% of their portfolio New York, NY 574,221574.2k $30.4m $30.4m 0.00% Added +211.4k +211,368
42 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 504,036504.0k $26.7m $26.7m 0.02% Added +455.5k +455,514
43 MUFG SECURITIES (CANADA), LTD. 0.62% of their portfolio NEW YORK, NY 432,773432.8k $22.9m $22.9m 0.62% Reduced -14.8k -14,820
44 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 425,732425.7k $32.0m $32.0m 0.01% Reduced -4.2k -4,161
45 Addenda Capital Inc. 0.86% of their portfolio MONTREAL, A8 421,793421.8k $31.7m $31.7m 0.86% Added +248 +248
46 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 404,741404.7k $21.5m $21.5m 0.01% Added +33.1k +33,100
47 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.12% of their portfolio VICTORIA, A1 374,894374.9k $19.9m $19.9m 0.12% Added +119.0k +119,034
48 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 374,377374.4k $19.9m $19.9m 0.01% Added +46.8k +46,816
49 Harvest Portfolios Group Inc. 0.27% of their portfolio Oakville, A6 356,449356.4k $18.9m $18.9m 0.27% Added +25.6k +25,608
50 Northwest & Ethical Investments L.P. 0.43% of their portfolio TORONTO, A6 350,465350.5k $18.6m $18.6m 0.43% Added +4.3k +4,330
51 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 337,353337.4k $17.9m $17.9m 0.00% Added +21.2k +21,181
52 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 310,420310.4k $16.4m $16.4m 0.01% Added +138.7k +138,688
53 Purpose Unlimited Inc. 0.63% of their portfolio TORONTO, A6 308,000308.0k $16.4m $16.4m 0.63% Added +10.0k +9,969
54 Vanguard Investments Australia, Ltd. 0.04% of their portfolio Victoria, C3 302,550302.6k $16.0m $16.0m 0.04% Added +7.7k +7,737
55 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 299,438299.4k $15.9m $15.9m 0.02% Added +117.1k +117,127
56 UBS Group AG 0.00% of their portfolio ZURICH, V8 293,583293.6k $15.6m $15.6m 0.00% Reduced -57.3k -57,306
57 Aviso Financial Inc. 0.51% of their portfolio TORONTO, A6 274,692274.7k $14.6m $14.6m 0.51% Added +2.2k +2,172
58 Beutel, Goodman & Co Ltd. 0.10% of their portfolio TORONTO, A6 267,668267.7k $14.2m $14.2m 0.10% Reduced -8.3k -8,295
59 GABELLI FUNDS LLC 0.08% of their portfolio Rye, NY 249,000249.0k $13.2m $13.2m 0.08% Unchanged
60 AGF MANAGEMENT LTD 0.05% of their portfolio TORONTO, A6 244,719244.7k $13.2m $13.2m 0.05% Added +3.6k +3,648
61 Amundi 0.00% of their portfolio Paris, I0 239,864239.9k $12.7m $12.7m 0.00% Reduced -13.1k -13,140
62 Cardinal Capital Management, Inc. 0.29% of their portfolio WINNIPEG, A2 223,815223.8k $11.8m $11.8m 0.29% Added +2.0k +2,030
63 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 222,070222.1k $11.8m $11.8m 0.00% Added +10.3k +10,314
64 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 207,077207.1k $11.0m $11.0m 0.02% Added +764 +764
65 APG Asset Management N.V. 0.02% of their portfolio Amsterdam, P7 206,754206.8k $9.6m $9.6m 0.02% Added +58.8k +58,832
66 Quadrature Capital Ltd 0.08% of their portfolio LONDON, X0 182,573182.6k $9.7m $9.7m 0.08% Added +126.4k +126,449
67 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 180,149180.1k $9.6m $9.6m 0.00% Added +48.4k +48,365
68 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 177,922177.9k $9.4m $9.4m 0.01% Added +71.7k +71,748
69 State of Tennessee, Department of Treasury 0.03% of their portfolio NASHVILLE, TN 169,747169.7k $9.0m $9.0m 0.03% Reduced -4.6k -4,577
70 Guardian Partners Inc. 0.77% of their portfolio TORONTO, Z4 160,710160.7k $8.5m $8.5m 0.77% Reduced -25.7k -25,728
71 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 151,218151.2k $8.0m $8.0m 0.01% Added +8.8k +8,768
72 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 150,965151.0k $8.0m $8.0m 0.00% Added +84.8k +84,846
73 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 147,469147.5k $7.8m $7.8m 0.01% Added +21.9k +21,864
74 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 143,041143.0k $7.6m $7.6m 0.00% Added +38.7k +38,718
75 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 130,088130.1k $6.9m $6.9m 0.00% Added +7.7k +7,705
76 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 120,518120.5k $6.4m $6.4m 0.01% Reduced -5.7k -5,690
77 Lombard Odier Asset Management (Switzerland) SA 0.20% of their portfolio PETIT-LANCY, V8 116,700116.7k $6.2m $6.2m 0.20% Added +3.7k +3,700
78 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 115,953116.0k $6.1m $6.1m 0.00% Reduced -53.2k -53,193
79 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 115,080115.1k $6.1m $6.1m 0.01% Added +20.1k +20,066
80 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 114,074114.1k $6.1m $6.1m 0.01% Reduced -47.0k -46,963
81 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 105,455105.5k $5.6m $5.6m 0.01% Unchanged
82 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 99,04699.0k $5.3m $5.3m 0.01% Added +18.8k +18,759
83 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 83,90083.9k $4.4m $4.4m 0.01% New
84 Alberta Investment Management Corp 0.03% of their portfolio EDMONTON, A0 82,81882.8k $4.4m $4.4m 0.03% Added +1.9k +1,891
85 BANK OF NOVA SCOTIA TRUST CO 0.31% of their portfolio TORONTO, A6 70,35970.4k $3.7m $3.7m 0.31% Added +1.2k +1,206
86 1832 Asset Management L.P. 0.00% of their portfolio TORONTO, A6 62,41462.4k $3.3m $3.3m 0.00% Reduced -2.4k -2,427
87 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 60,60560.6k $3.2m $3.2m 0.00% Added +14.4k +14,410
88 Rathbones Group PLC 0.01% of their portfolio Liverpool, X0 58,90058.9k $3.1m $3.1m 0.01% Reduced -58.9k -58,900
89 Tacita Capital Inc 1.64% of their portfolio TORONTO, A6 57,08657.1k $3.0m $3.0m 1.64% Unchanged
90 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 56,96457.0k $3.0m $3.0m 0.00% Added +33.6k +33,583
91 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 56,90156.9k $3.0m $3.0m 0.00% Reduced -8.6k -8,574
92 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 55,17655.2k $2.9m $2.9m 0.00% New
93 Sky Investment Group LLC 0.45% of their portfolio HARTFORD, CT 53,97554.0k $2.9m $2.9m 0.45% Reduced -400 -400
94 Greenland Capital Management LP 0.48% of their portfolio NEW YORK, NY 48,31048.3k $2.6m $2.6m 0.48% New
95 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 46,68146.7k $2.5m $2.5m 0.00% Unchanged
96 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 45,62145.6k $2.4m $2.4m 0.01% New
97 Investment Management Corp of Ontario 0.03% of their portfolio Toronto, Z4 43,67343.7k $2.3m $2.3m 0.03% Added +747 +747
98 NATIXIS 0.01% of their portfolio PARIS, I0 42,78742.8k $2.3m $2.3m 0.01% Added +7.8k +7,777
99 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 37,11837.1k $1.9m $1.9m 0.00% Unchanged
100 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 35,49435.5k $1.9m $1.9m 0.01% Reduced -33.3k -33,301