Cenovus Energy
CVE
405 hedge funds and large institutions have $13.1B invested in Cenovus Energy in 2024 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 130 increasing their positions, 162 reducing their positions, and 64 closing their positions.
0.61% more ownership
Funds ownership: 46.5% → 47.11% (+0.61%)
4% less funds holding
Funds holding: 423 → 405 (-18)
10% less capital invested
Capital invested by funds: $14.5B → $13.1B (-$1.38B)
16% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 64
20% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 162
28% less call options, than puts
Call options by funds: $165M | Put options by funds: $229M
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$420M |
| 2 |
Millennium Management
New York
|
+$217M |
| 3 |
D.E. Shaw & Co
New York
|
+$171M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$92.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$322M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$150M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$127M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$108M |
| 5 |
NP
Ninepoint Partners
Toronto,
Ontario, Canada
|
-$105M |
CVE Hedge Fund Activity: Q4 2024 in Review
405 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2024, worth a combined $13.1B — down 9.5% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of CVE and 54 opened new positions — a net loss of 10 holders — while 162 trimmed existing stakes and 130 added.
The largest buyer was Capital World Investors, adding an estimated $420M. The largest seller was Capital Research Global Investors, cutting an estimated $322M.
- 405 institutional investors held Cenovus Energy (CVE) as of Q4 2024, down from 423 in Q3 2024.
- Funds reported $13.1B of Cenovus Energy stock for Q4 2024, down 9.5% quarter-over-quarter.
- 54 funds opened new Cenovus Energy positions in Q4 2024 and 64 closed out, a net change of -10 holders.
- The largest Cenovus Energy buyer in Q4 2024 was Capital World Investors, an estimated $420M added.
- The largest Cenovus Energy seller in Q4 2024 was Capital Research Global Investors, an estimated $322M sold.
Based on aggregated 13F filings for Q4 2024.