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Cenovus Energy

318 hedge funds and large institutions have $9.9B invested in Cenovus Energy in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 99 increasing their positions, 139 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more call options, than puts

Call options by funds: $34.9M | Put options by funds: $28.7M

1.09% more ownership

Funds ownership: 62.02%63.12% (+1.1%)

6% less funds holding

Funds holding: 337318 (-19)

21% less capital invested

Capital invested by funds: $12.6B → $9.9B (-$2.69B)

29% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 139

32% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 50

67% less funds holding in top 10

Funds holding in top 10: 124 (-8)

Holders
318
Holders Change
-19
Holders Change %
-5.64%
% of All Funds
8.48%
Holding in Top 10
4
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-66.67%
% of All Funds
0.11%
New
34
Increased
99
Reduced
139
Closed
50
Calls
$34.9M
Puts
$28.7M
Net Calls
+$6.21M
Net Calls Change
+$29M
Name Holding Trade Value Shares
Change
Change in
Stake
VKH
226
Virtu KCG Holdings
New York
$244K -$207K -8,974 -43%
TIA
227
Tiemann Investment Advisors
California
$241K -$25.9K -1,125 -9%
HK
228
Horizon Kinetics
New York
$233K +$64.5K +2,800 +33%
Simplex Trading
229
Simplex Trading
Illinois
$227K +$253K +10,999 New
TBA
230
Tower Bridge Advisors
Pennsylvania
$225K -$811K -35,200 -76%
NCM
231
Newgate Capital Management
Connecticut
$224K -$35.4K -1,539 -12%
PP
232
Paloma Partners
Connecticut
$214K +$240K +10,400 New
HTC
233
Haverford Trust Company
Pennsylvania
$212K
SAG
234
Sterne Agee Group
Alabama
$212K +$852 +37 +0.4%
SYBT
235
Stock Yards Bank & Trust
Kentucky
$211K -$18.4K -800 -7%
Jane Street
236
Jane Street
New York
$208K +$43.8K +1,900 +23%
Envestnet Asset Management
237
Envestnet Asset Management
Illinois
$208K +$208K +9,038 +865%
HFS
238
HL Financial Services
Kentucky
$204K +$9.44K +410 +4%
B
239
Baird
Wisconsin
$201K +$225K +9,753 New
PNC Financial Services Group
240
PNC Financial Services Group
Pennsylvania
$190K -$564K -24,471 -72%
First Manhattan
241
First Manhattan
New York
$181K -$451K -19,600 -69%
LTFS
242
Ladenburg Thalmann Financial Services
Florida
$161K -$881K -38,274 -83%
WT
243
Whittier Trust
California
$160K
DADC
244
D.A. Davidson & Co
Montana
$147K +$31.7K +1,378 +24%
AIM
245
Acuity Investment Management
Ontario, Canada
$144K -$842K -36,565 -84%
MIC
246
MU Investments Company
Japan
$130K
WIL
247
Winifred I. Li
$127K
Bessemer Group
248
Bessemer Group
New Jersey
$122K +$73.2K +3,180 +115%
Creative Planning
249
Creative Planning
Kansas
$120K -$33.1K -1,436 -20%
ECM
250
Estabrook Capital Management
New York
$115K

CVE Hedge Fund Activity: Q4 2014 in Review

318 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2014, worth a combined $9.9B — down 21% from $12.6B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of CVE and 34 opened new positions — a net loss of 16 holders — while 139 trimmed existing stakes and 99 added.

The largest buyer was Burgundy Asset Management, adding an estimated $190M. The largest seller was Fidelity Investments, cutting an estimated $192M.

  • 318 institutional investors held Cenovus Energy (CVE) as of Q4 2014, down from 337 in Q3 2014.
  • Funds reported $9.9B of Cenovus Energy stock for Q4 2014, down 21% quarter-over-quarter.
  • 34 funds opened new Cenovus Energy positions in Q4 2014 and 50 closed out, a net change of -16 holders.
  • The largest Cenovus Energy buyer in Q4 2014 was Burgundy Asset Management, an estimated $190M added.
  • The largest Cenovus Energy seller in Q4 2014 was Fidelity Investments, an estimated $192M sold.

Based on aggregated 13F filings for Q4 2014.