Saturna Capital’s Cenovus Energy CVE Stock Holding History

Saturna Capital’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
2016 Q4	–	Sell	-21,600	Closed	-$310K	–	160
2016 Q3	$310K	Hold	21,600	–	–	0.01%	140
2016 Q2	$299K	Sell	21,600 -750	-3%	-$10.9K	0.01%	142
2016 Q1	$291K	Hold	22,350	–	–	0.01%	151
2015 Q4	$282K	Buy	22,350 +1,350	+6%	+$19.9K	0.01%	161
2015 Q3	$318K	Sell	21,000 -61,923	-75%	-$873K	0.01%	172
2015 Q2	$1.33M	Sell	82,923 -351,800	-81%	-$6.12M	0.04%	116
2015 Q1	$7.6M	Sell	434,723 -50,000	-10%	-$922K	0.2%	89
2014 Q4	$9.99M	Sell	484,723 -56,050	-10%	-$1.29M	0.26%	88
2014 Q3	$14.5M	Hold	540,773	–	–	0.39%	86
2014 Q2	$17.5M	Sell	540,773 -120,949	-18%	-$3.6M	0.46%	86
2014 Q1	$19.2M	Sell	661,722 -248,555	-27%	-$6.64M	0.5%	84
2013 Q4	$26.1M	Sell	910,277 -180,696	-17%	-$5.26M	0.67%	72
2013 Q3	$32.6M	Sell	1,090,973 -1,800	-0.2%	-$53.2K	0.87%	47
2013 Q2	$31.2M	Buy	+1,092,773	New	+$32.3M	0.85%	49

Other funds holding CVE

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

BGC

Beutel, Goodman & Co Toronto, Ontario, Canada $14.8B AUM 15.12% 1-Year Est. Return

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

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $62.4B AUM 23.7% 1-Year Est. Return

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

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

JFL

Jarislowsky, Fraser Ltd Montreal, Quebec, Canada $18.2B AUM 22.04% 1-Year Est. Return

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

Saturna Capital's CVE Position: Q4 2016 in Review

Saturna Capital sold out of Cenovus Energy (CVE) in Q4 2016, closing a stake of 21,600 shares — an estimated $310K sold.

Saturna Capital first reported a position in CVE in Q2 2013 and held it in 14 quarters. The position peaked at $32.6M in Q3 2013. 270 funds tracked by Wall St. Rank hold CVE as of Q4 2016.

Saturna Capital reported no remaining Cenovus Energy position as of Q4 2016 after selling out during the quarter.
Saturna Capital sold 21,600 Cenovus Energy shares in Q4 2016, an estimated $310K.
Saturna Capital first reported a position in Cenovus Energy in Q2 2013 and held it in 14 quarters.
Saturna Capital's Cenovus Energy position peaked at $32.6M in Q3 2013.
270 funds tracked by Wall St. Rank held Cenovus Energy as of Q4 2016.

Based on Saturna Capital's 13F filing for Q4 2016, filed 14 Feb 2017.