Cenovus Energy
241 hedge funds and large institutions have $7.64B invested in Cenovus Energy in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 100 increasing their positions, 58 reducing their positions, and 23 closing their positions.
74% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 23
72% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 58
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
39% more capital invested
Capital invested by funds: $5.51B → $7.64B (+$2.13B)
14% more call options, than puts
Call options by funds: $24.4M | Put options by funds: $21.5M
6% more funds holding
Funds holding: 227 → 241 (+14)
22.75% less ownership
Funds ownership: 73.65% → 50.91% (-23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$492M |
| 2 |
MGIM
M&G Investment Management
London,
United Kingdom
|
+$96.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$61.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$53.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$51.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$187M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$137M |
| 3 |
Renaissance Technologies
New York
|
-$30.6M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$28.5M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$26.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
251
Prudential plc
London, England,
United Kingdom
| – | -$406K | -67,164 | Closed |
|
|
TI
252
Trexquant Investment
Stamford,
Connecticut
| – | -$392K | -64,898 | Closed |
|
|
CP
253
Cumberland Partners
Toronto,
Ontario, Canada
| – | -$321K | -52,933 | Closed |
|
254
SG Americas Securities
New York
| – | -$253K | -41,947 | Closed |
|
|
TSS
255
Two Sigma Securities
New York
| – | -$152K | -25,199 | Closed |
|
|
HIP
256
HUB Investment Partners
Austin,
Texas
| – | -$97K | -25,000 | Closed |
|
257
Simplex Trading
Chicago,
Illinois
| – | -$125K | -17,720 | -22% |
|
|
TF
258
Trek Financial
Scottsdale,
Arizona
| – | -$73K | -12,141 | Closed |
|
|
ARTA
259
A.R.T. Advisors
New York
| – | -$66K | -10,847 | Closed |
|
|
LWM
260
Laidlaw Wealth Management
New York City,
New York
| – | -$60K | -10,000 | Closed |
|
|
ASN
261
Advisory Services Network
Atlanta,
Georgia
| – | -$5K | -800 | Closed |
|
CVE Hedge Fund Activity: Q1 2021 in Review
241 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q1 2021, worth a combined $7.64B — up 39% from $5.51B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CVE positions and 23 closed out — a net gain of 17 holders — while 100 added to existing stakes and 58 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $492M. The largest seller was Fidelity International, cutting an estimated $187M.
- 241 institutional investors held Cenovus Energy (CVE) as of Q1 2021, up from 227 in Q4 2020.
- Funds reported $7.64B of Cenovus Energy stock for Q1 2021, up 39% quarter-over-quarter.
- 40 funds opened new Cenovus Energy positions in Q1 2021 and 23 closed out, a net change of +17 holders.
- The largest Cenovus Energy buyer in Q1 2021 was Capital Research Global Investors, an estimated $492M added.
- The largest Cenovus Energy seller in Q1 2021 was Fidelity International, an estimated $187M sold.
Based on aggregated 13F filings for Q1 2021.