Image from MarketBeat Media, LLC. Fortis Capital Advisors LLC increased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 8.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,052 shares of the electric vehicle producer's stock after buying an additional 1,275 shares during the quarter. Tesla accounts for approximately 1.1% of Fortis Capital Advisors LLC's holdings, making the stock its 21st biggest position. Fortis Capital Advisors LLC's holdings in Tesla were worth $7,219,000 at the end of the most recent quarter. Get Tesla alerts: MarketBeat Week in Review – 04/13 - 04/17 Other institutional investors and hedge funds have also modified their holdings of the company. Networth Advisors LLC purchased a new position in shares of Tesla during the fourth quarter valued at $26,000. Turning Point Benefit Group Inc. purchased a new position in shares of Tesla during the third quarter valued at $30,000. Manning & Napier Advisors LLC purchased a new position in Tesla in the third quarter valued at about $29,000. Prism Advisors Inc. purchased a new position in Tesla in the fourth quarter valued at about $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in Tesla in the third quarter valued at about $31,000. Hedge funds and other institutional investors own 66.20% of the company's stock. Insider Activity In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the business's stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the transaction, the director owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at $7,188,625.18. This represents a 11.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 53,804 shares of company stock valued at $20,865,598 in the last three months. 19.90% of the stock is owned by insiders. Tesla Stock Performance