Highfields Capital Management’s Cenovus Energy CVE Stock Holding History

Highfields Capital Management’s Portfolio CVE Stock Details CVE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-15,576,113	Closed	-$162M	–	48
2018 Q2	$162M	Hold	15,576,113	–	–	1.78%	22
2018 Q1	$133M	Sell	15,576,113 -163,749	-1%	-$1.44M	1.2%	22
2017 Q4	$144M	Sell	15,739,862 -5,885,138	-27%	-$57.2M	1.19%	27
2017 Q3	$216M	Hold	21,625,000	–	–	1.86%	19
2017 Q2	$159M	Buy	21,625,000 +4,583,334	+27%	+$42.5M	1.18%	25
2017 Q1	$192M	Buy	17,041,666 +13,515,181	+383%	+$182M	1.78%	17
2016 Q4	$53.4M	Buy	3,526,485 +2,526,485	+253%	+$38M	0.44%	51
2016 Q3	$14.4M	Buy	+1,000,000	New	+$14.3M	0.13%	61
2015 Q3	–	Sell	-4,370,000	Closed	-$70M	–	79
2015 Q2	$70M	Buy	+4,370,000	New	+$76.1M	0.63%	35

Other funds holding CVE

ConocoPhillips Houston, Texas $1.12B AUM 103.31% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

LBA

Letko, Brosseau & Associates Montreal, Quebec, Canada $6.2B AUM 38.92% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Highfields Capital Management's CVE Position: Q3 2018 in Review

Highfields Capital Management sold out of Cenovus Energy (CVE) in Q3 2018, closing a stake of 15,576,113 shares — an estimated $162M sold.

Highfields Capital Management first reported a position in CVE in Q2 2015 and held it in 9 quarters. The position peaked at $216M in Q3 2017. 254 funds tracked by Wall St. Rank hold CVE as of Q3 2018.

Highfields Capital Management reported no remaining Cenovus Energy position as of Q3 2018 after selling out during the quarter.
Highfields Capital Management sold 15,576,113 Cenovus Energy shares in Q3 2018, an estimated $162M.
Highfields Capital Management first reported a position in Cenovus Energy in Q2 2015 and held it in 9 quarters.
Highfields Capital Management's Cenovus Energy position peaked at $216M in Q3 2017.
254 funds tracked by Wall St. Rank held Cenovus Energy as of Q3 2018.

Based on Highfields Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.