Cenovus Energy
265 hedge funds and large institutions have $9.45B invested in Cenovus Energy in 2021 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 99 increasing their positions, 63 reducing their positions, and 25 closing their positions.
104% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 25
57% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 63
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
26% more call options, than puts
Call options by funds: $65.9M | Put options by funds: $52.1M
24% more capital invested
Capital invested by funds: $7.64B → $9.45B (+$1.8B)
10% more funds holding
Funds holding: 241 → 265 (+24)
1.49% less ownership
Funds ownership: 50.91% → 49.41% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$149M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$57.9M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$56.8M |
| 4 |
Millennium Management
New York
|
+$43.4M |
| 5 |
GCM
Galibier Capital Management
Toronto,
Ontario, Canada
|
+$38.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$206M |
| 2 |
C
ConocoPhillips
Houston,
Texas
|
-$169M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$136M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$126M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$55.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
276
Aigen Investment Management
New York
| – | -$281K | -37,303 | Closed |
|
|
LSA
277
Leonteq Securities AG
Zurich,
Switzerland
| – | -$254K | -33,828 | Closed |
|
278
Neuberger Berman Group
New York
| – | -$257K | -33,749 | Closed |
|
|
MFM
279
MD Financial Management
Ottawa,
Ontario, Canada
| – | -$130K | -17,376 | Closed |
|
|
CS
280
Candriam SCA
Strassen, Luxembourg,
Luxembourg
| – | -$75K | -12,886 | Closed |
|
|
VPIM
281
Vanguard Personalized Indexing Management
Oakland,
California
| – | -$88K | -11,750 | Closed |
|
|
SI
282
SCP Investment
Orinda,
California
| – | -$81K | -10,800 | Closed |
|
283
Creative Planning
Overland Park,
Kansas
| – | -$77K | -10,187 | Closed |
|
|
AF
284
Allworth Financial
Folsom,
California
| – | -$18K | -2,400 | Closed |
|
|
MWP
285
Meridian Wealth Partners
Exton,
Pennsylvania
| – | -$4K | -546 | Closed |
|
|
FP
286
Fiduciary Planning
Englewood,
Florida
| – | -$4K | -510 | Closed |
|
287
Credit Agricole
Montrouge Cedex,
France
| – | -$3K | -353 | Closed |
|
|
IAIM
288
International Assets Investment Management
Orlando,
Florida
| – | -$2K | -300 | Closed |
|
CVE Hedge Fund Activity: Q2 2021 in Review
265 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2021, worth a combined $9.45B — up 24% from $7.64B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new CVE positions and 25 closed out — a net gain of 26 holders — while 99 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity International, adding an estimated $149M. The largest seller was Harris Associates, cutting an estimated $206M.
- 265 institutional investors held Cenovus Energy (CVE) as of Q2 2021, up from 241 in Q1 2021.
- Funds reported $9.45B of Cenovus Energy stock for Q2 2021, up 24% quarter-over-quarter.
- 51 funds opened new Cenovus Energy positions in Q2 2021 and 25 closed out, a net change of +26 holders.
- The largest Cenovus Energy buyer in Q2 2021 was Fidelity International, an estimated $149M added.
- The largest Cenovus Energy seller in Q2 2021 was Harris Associates, an estimated $206M sold.
Based on aggregated 13F filings for Q2 2021.