Cenovus Energy
340 hedge funds and large institutions have $15.5B invested in Cenovus Energy in 2022 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 137 increasing their positions, 90 reducing their positions, and 26 closing their positions.
408% more call options, than puts
Call options by funds: $521M | Put options by funds: $103M
162% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 26
55% more funds holding in top 10
Funds holding in top 10: 11 → 17 (+6)
52% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 90
34% more capital invested
Capital invested by funds: $11.6B → $15.5B (+$3.93B)
13% more funds holding
Funds holding: 302 → 340 (+38)
0.23% less ownership
Funds ownership: 47.33% → 47.1% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$570M |
| 2 |
Millennium Management
New York
|
+$193M |
| 3 |
D.E. Shaw & Co
New York
|
+$128M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$123M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$117M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.01B |
| 2 |
Pzena Investment Management
New York
|
-$123M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$87.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$52.4M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$52.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPM
351
MBB Public Markets
Chicago,
Illinois
| – | -$158K | -12,854 | Closed |
|
|
SWM
352
Segment Wealth Management
Houston,
Texas
| – | -$145K | -11,785 | Closed |
|
|
BC
353
Bridgefront Capital
Austin,
Texas
| – | -$136K | -11,064 | Closed |
|
|
CS
354
Candriam SCA
Strassen, Luxembourg,
Luxembourg
| – | -$134K | -10,908 | Closed |
|
|
WAM
355
Wolverine Asset Management
Chicago,
Illinois
| – | -$61K | -5,031 | Closed |
|
|
CA
356
CoreCap Advisors
Southfield,
Michigan
| – | -$12K | -991 | Closed |
|
|
SFO
357
Standard Family Office
Sioux Falls,
South Dakota
| – | -$10K | -809 | Closed |
|
358
Optiver Holding
Amsterdam,
Netherlands
| – | -$8K | -612 | Closed |
|
|
BFC
359
Bedel Financial Consulting
Indianapolis,
Indiana
| – | -$2K | -190 | Closed |
|
|
CCA
360
Column Capital Advisors
Indianapolis,
Indiana
| – | -$1.27K | -84 | Closed |
|
|
CT
361
Cambridge Trust
Cambridge,
Massachusetts
| – | -$1K | -56 | Closed |
|
|
TCOV
362
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$1K | -55 | Closed |
|
CVE Hedge Fund Activity: Q1 2022 in Review
340 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q1 2022, worth a combined $15.5B — up 34% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new CVE positions and 26 closed out — a net gain of 42 holders — while 137 added to existing stakes and 90 trimmed.
The largest buyer was Soroban Capital Partners, adding an estimated $570M. The largest seller was Capital Research Global Investors, cutting an estimated $1.01B.
- 340 institutional investors held Cenovus Energy (CVE) as of Q1 2022, up from 302 in Q4 2021.
- Funds reported $15.5B of Cenovus Energy stock for Q1 2022, up 34% quarter-over-quarter.
- 68 funds opened new Cenovus Energy positions in Q1 2022 and 26 closed out, a net change of +42 holders.
- The largest Cenovus Energy buyer in Q1 2022 was Soroban Capital Partners, an estimated $570M added.
- The largest Cenovus Energy seller in Q1 2022 was Capital Research Global Investors, an estimated $1.01B sold.
Based on aggregated 13F filings for Q1 2022.