Ninepoint Partners’s Cenovus Energy CVE Stock Holding History

Ninepoint Partners’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
2025 Q4	$76.1M	Buy	4,500,000 +960,000	+27%	+$16.7M	8.42%	3
2025 Q3	$60.1M	Buy	3,540,000 +2,940,000	+490%	+$45.9M	7.93%	5
2025 Q2	$8.16M	Sell	600,000 -400,000	-40%	-$5.2M	1.34%	10
2025 Q1	$13.9M	Hold	1,000,000	–	–	2.31%	8
2024 Q4	$15.2M	Sell	1,000,000 -6,500,000	-87%	-$105M	2.2%	12
2024 Q3	$125M	Hold	7,500,000	–	–	13.6%	1
2024 Q2	$147M	Buy	7,500,000 +1,200,000	+19%	+$24.3M	14.01%	1
2024 Q1	$126M	Sell	6,300,000 -2,900,000	-32%	-$49.5M	13.34%	3
2023 Q4	$153M	Buy	9,200,000 +400,000	+5%	+$7.32M	16.38%	1
2023 Q3	$183M	Sell	8,800,000 -400,000	-4%	-$7.64M	17.54%	1
2023 Q2	$156M	Hold	9,200,000	–	–	16.98%	1
2023 Q1	$161M	Buy	9,200,000 +2,027,886	+28%	+$37.2M	17.83%	1
2022 Q4	$139M	Sell	7,172,114 -655,860	-8%	-$12.6M	17.77%	2
2022 Q3	$120M	Buy	7,827,974 +2,301,107	+42%	+$40.9M	15%	2
2022 Q2	$105M	Buy	5,526,867 +785,000	+17%	+$15.6M	15.04%	4
2022 Q1	$79.1M	Buy	4,741,867 +3,741,867	+374%	+$56.8M	16.74%	2
2021 Q4	$12.3M	Sell	1,000,000 -3,900,000	-80%	-$46.7M	3.6%	6
2021 Q3	$49.3M	Buy	4,900,000 +900,000	+23%	+$7.68M	13.21%	3
2021 Q2	$38.3M	Buy	4,000,000 +1,000,000	+33%	+$8.47M	9.27%	5
2021 Q1	$22.6M	Buy	3,000,000 +2,000,000	+200%	+$14.1M	8.96%	3
2020 Q4	$6.04M	Buy	+1,000,000	New	+$4.67M	2.35%	8
2020 Q3	–	Sell	-750,000	Closed	-$3.5M	–	66
2020 Q2	$3.5M	Sell	750,000 -550,000	-42%	-$2.11M	1.41%	7
2020 Q1	$2.63M	Buy	1,300,000 +500,000	+63%	+$3.51M	2.6%	5
2019 Q4	$8.12M	Buy	800,000 +600,000	+300%	+$5.44M	2.65%	6
2019 Q3	$1.88M	Sell	200,000 -700,000	-78%	-$6.36M	0.72%	26
2019 Q2	$7.94M	Buy	+900,000	New	+$8.11M	1.46%	12
2018 Q3	–	Sell	-1,495,000	Closed	-$15.5M	–	76
2018 Q2	$15.5M	Buy	1,495,000 +713,800	+91%	+$7.19M	1.57%	15
2018 Q1	$6.67M	Buy	+781,200	New	+$6.89M	0.5%	32

Other funds holding CVE

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

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

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

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

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

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

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

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Ninepoint Partners's CVE Position: Q4 2025 in Review

Ninepoint Partners increased its Cenovus Energy (CVE) stake by 27% in Q4 2025, buying an estimated $16.7M and bringing the position to 4,500,000 shares worth $76.1M. The position accounts for 8.42% of the portfolio, ranked #3.

Ninepoint Partners first reported a position in CVE in Q1 2018 and has held it in 28 quarters since. The position peaked at $183M in Q3 2023. 432 funds tracked by Wall St. Rank hold CVE as of Q4 2025.

Ninepoint Partners held 4,500,000 shares of Cenovus Energy worth $76.1M as of Q4 2025.
Ninepoint Partners bought 960,000 Cenovus Energy shares in Q4 2025, an estimated $16.7M.
Cenovus Energy made up 8.42% of Ninepoint Partners's portfolio in Q4 2025, its #3 holding.
Ninepoint Partners first reported a position in Cenovus Energy in Q1 2018 and has held it in 28 quarters since.
Ninepoint Partners's Cenovus Energy position peaked at $183M in Q3 2023.
432 funds tracked by Wall St. Rank held Cenovus Energy as of Q4 2025.

Based on Ninepoint Partners's 13F filing for Q4 2025, filed 17 Feb 2026.