Cenovus Energy
272 hedge funds and large institutions have $8.32B invested in Cenovus Energy in 2015 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 87 increasing their positions, 111 reducing their positions, and 40 closing their positions.
113% more call options, than puts
Call options by funds: $18.4M | Put options by funds: $8.66M
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
1.3% more ownership
Funds ownership: 64.68% → 65.98% (+1.3%)
2% less capital invested
Capital invested by funds: $8.5B → $8.32B (-$174M)
7% less funds holding
Funds holding: 291 → 272 (-19)
22% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 111
45% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$102M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$101M |
| 3 |
SIG
Senator Investment Group
New York
|
+$84.6M |
| 4 |
Pzena Investment Management
New York
|
+$55.5M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$45.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$109M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$70M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$40.4M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$34.8M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$31.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Simplex Trading
Chicago,
Illinois
| – | -$26.2K | -1,858 | Closed |
|
|
WTB
302
Washington Trust Bank
Spokane,
Washington
| – | -$15K | -920 | Closed |
|
303
AssetMark Inc
Concord,
California
| – | -$13K | -811 | Closed |
|
|
MS
304
Marshall & Sullivan
Seattle,
Washington
| – | -$8K | -525 | Closed |
|
|
AGM
305
Alpine Global Management
New York
| – | -$8K | -484 | Closed |
|
|
LOCC
306
Lombard Odier & Cie (Canada)
Montreal,
Quebec, Canada
| – | -$5K | -300 | Closed |
|
307
Parallax Volatility Advisers
San Francisco,
California
| – | -$2K | -109 | Closed |
|
308
Acadian Asset Management
Boston,
Massachusetts
| – | -$2K | -100 | Closed |
|
|
VNA
309
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$2K | -100 | Closed |
|
|
MPWT
310
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$842 | -26 | Closed |
|
|
ACS
311
Archford Capital Strategies
Swansea,
Illinois
| – | +$395 | +28 | +100% |
|
CVE Hedge Fund Activity: Q3 2015 in Review
272 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2015, worth a combined $8.32B — down 2.1% from $8.5B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CVE and 22 opened new positions — a net loss of 18 holders — while 111 trimmed existing stakes and 87 added.
The largest buyer was Beutel, Goodman & Co, adding an estimated $102M. The largest seller was Capital Guardian Trust, cutting an estimated $109M.
- 272 institutional investors held Cenovus Energy (CVE) as of Q3 2015, down from 291 in Q2 2015.
- Funds reported $8.32B of Cenovus Energy stock for Q3 2015, down 2.1% quarter-over-quarter.
- 22 funds opened new Cenovus Energy positions in Q3 2015 and 40 closed out, a net change of -18 holders.
- The largest Cenovus Energy buyer in Q3 2015 was Beutel, Goodman & Co, an estimated $102M added.
- The largest Cenovus Energy seller in Q3 2015 was Capital Guardian Trust, an estimated $109M sold.
Based on aggregated 13F filings for Q3 2015.