Cenovus Energy
265 hedge funds and large institutions have $9.02B invested in Cenovus Energy in 2019 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 80 increasing their positions, 85 reducing their positions, and 21 closing their positions.
81% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 21
34% more call options, than puts
Call options by funds: $31.1M | Put options by funds: $23.2M
7% more funds holding
Funds holding: 248 → 265 (+17)
7% more capital invested
Capital invested by funds: $8.46B → $9.02B (+$563M)
0.68% less ownership
Funds ownership: 78.65% → 77.96% (-0.68%)
6% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 85
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$45.3M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$42M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$40.5M |
| 4 |
Two Sigma Investments
New York
|
+$33.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$198M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$55M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$48.8M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$44M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$15.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCA
276
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$4K | -444 | Closed |
|
|
LWCFA
277
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$2K | -275 | Closed |
|
|
LWM
278
Liberty Wealth Management
Oakland,
California
| – | -$2K | -272 | Closed |
|
|
AF
279
Allworth Financial
Folsom,
California
| – | -$1K | -139 | Closed |
|
|
W
280
WealthStone
Columbus,
Ohio
| – | -$511 | -58 | Closed |
|
281
Credit Agricole
Montrouge Cedex,
France
| – | +$18 | +2 | New |
|
|
NSIM
282
North Star Investment Management
Chicago,
Illinois
| – | +$18 | +2 | New |
|
|
IA
283
IFP Advisors
Tampa,
Florida
| – | +$163 | +18 | New |
|
|
AS
284
Altshuler Shaham
Tel Aviv,
Israel
| – | +$272 | +30 | New |
|
CVE Hedge Fund Activity: Q3 2019 in Review
265 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2019, worth a combined $9.02B — up 6.7% from $8.46B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CVE positions and 21 closed out — a net gain of 17 holders — while 80 added to existing stakes and 85 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $45.3M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), exiting entirely with an estimated $198M sold.
- 265 institutional investors held Cenovus Energy (CVE) as of Q3 2019, up from 248 in Q2 2019.
- Funds reported $9.02B of Cenovus Energy stock for Q3 2019, up 6.7% quarter-over-quarter.
- 38 funds opened new Cenovus Energy positions in Q3 2019 and 21 closed out, a net change of +17 holders.
- The largest Cenovus Energy buyer in Q3 2019 was Capital Research Global Investors, an estimated $45.3M added.
- The largest Cenovus Energy seller in Q3 2019 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $198M sold.
Based on aggregated 13F filings for Q3 2019.