Cenovus Energy
423 hedge funds and large institutions have $14.5B invested in Cenovus Energy in 2024 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 156 increasing their positions, 146 reducing their positions, and 53 closing their positions.
19% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 53
1% more funds holding
Funds holding: 417 → 423 (+6)
7% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 146
2.84% less ownership
Funds ownership: 49.34% → 46.5% (-2.8%)
20% less capital invested
Capital invested by funds: $18.2B → $14.5B (-$3.67B)
29% less funds holding in top 10
Funds holding in top 10: 21 → 15 (-6)
29% less call options, than puts
Call options by funds: $148M | Put options by funds: $208M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$739M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$175M |
| 3 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
+$80.7M |
| 4 |
Morgan Stanley
New York
|
+$67.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$59.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$816M |
| 2 |
Goldman Sachs
New York
|
-$205M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$203M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$137M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$129M |
CVE Hedge Fund Activity: Q3 2024 in Review
423 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2024, worth a combined $14.5B — down 20% from $18.2B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CVE positions and 53 closed out — a net gain of 10 holders — while 156 added to existing stakes and 146 trimmed.
The largest buyer was Capital World Investors, adding an estimated $739M. The largest seller was Capital Research Global Investors, cutting an estimated $816M.
- 423 institutional investors held Cenovus Energy (CVE) as of Q3 2024, up from 417 in Q2 2024.
- Funds reported $14.5B of Cenovus Energy stock for Q3 2024, down 20% quarter-over-quarter.
- 63 funds opened new Cenovus Energy positions in Q3 2024 and 53 closed out, a net change of +10 holders.
- The largest Cenovus Energy buyer in Q3 2024 was Capital World Investors, an estimated $739M added.
- The largest Cenovus Energy seller in Q3 2024 was Capital Research Global Investors, an estimated $816M sold.
Based on aggregated 13F filings for Q3 2024.