Cenovus Energy
227 hedge funds and large institutions have $5.51B invested in Cenovus Energy in 2020 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 73 increasing their positions, 75 reducing their positions, and 33 closing their positions.
57% more capital invested
Capital invested by funds: $3.51B → $5.51B (+$2B)
24% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 33
3% more funds holding
Funds holding: 221 → 227 (+6)
0.74% more ownership
Funds ownership: 72.91% → 73.65% (+0.74%)
3% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 75
15% less call options, than puts
Call options by funds: $19M | Put options by funds: $22.3M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$153M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$33.5M |
| 3 |
Two Sigma Investments
New York
|
+$24.9M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$21.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$61.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$36.3M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$32.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$27.3M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$24.6M |
CVE Hedge Fund Activity: Q4 2020 in Review
227 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2020, worth a combined $5.51B — up 57% from $3.51B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CVE positions and 33 closed out — a net gain of 8 holders — while 73 added to existing stakes and 75 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $153M. The largest seller was Citadel Advisors, cutting an estimated $61.9M.
- 227 institutional investors held Cenovus Energy (CVE) as of Q4 2020, up from 221 in Q3 2020.
- Funds reported $5.51B of Cenovus Energy stock for Q4 2020, up 57% quarter-over-quarter.
- 41 funds opened new Cenovus Energy positions in Q4 2020 and 33 closed out, a net change of +8 holders.
- The largest Cenovus Energy buyer in Q4 2020 was Capital Research Global Investors, an estimated $153M added.
- The largest Cenovus Energy seller in Q4 2020 was Citadel Advisors, an estimated $61.9M sold.
Based on aggregated 13F filings for Q4 2020.