Cenovus Energy
378 hedge funds and large institutions have $14.4B invested in Cenovus Energy in 2022 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 155 increasing their positions, 121 reducing their positions, and 37 closing their positions.
97% more call options, than puts
Call options by funds: $236M | Put options by funds: $120M
28% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 121
19% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 37
1% more funds holding
Funds holding: 374 → 378 (+4)
0.14% less ownership
Funds ownership: 49.39% → 49.25% (-0.14%)
21% less funds holding in top 10
Funds holding in top 10: 24 → 19 (-5)
21% less capital invested
Capital invested by funds: $18.2B → $14.4B (-$3.86B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$335M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$194M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$151M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$141M |
| 5 |
Holocene Advisors
New York
|
+$94.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$609M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$495M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$343M |
| 4 |
TP
Third Point
New York
|
-$138M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$75.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
401
SeaBridge Investment Advisors
Summit,
New Jersey
| – | -$228K | -12,000 | Closed |
|
|
XT
402
XTX Topco
George Town,
Cayman Islands
| – | -$218K | -11,461 | Closed |
|
|
BBP
403
Banco BTG Pactual
Rio De Janeiro,
Brazil
| – | -$195K | -10,237 | Closed |
|
|
SWM
404
SeaCrest Wealth Management
Purchase,
New York
| – | -$34K | -1,772 | Closed |
|
|
VVP
405
Venture Visionary Partners
Sylvania,
Ohio
| – | -$31K | -1,631 | Closed |
|
406
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$13K | -670 | Closed |
|
|
PE
407
Point72 Europe
London,
United Kingdom
| – | -$8K | -400 | Closed |
|
|
CCMIC
408
Cardinal Capital Management Inc (Canada)
Winnipeg,
Manitoba, Canada
| – | -$2K | -98 | Closed |
|
|
COCM
409
Charter Oak Capital Management
Portsmouth,
New Hampshire
| – | -$1K | -95 | Closed |
|
|
TWP
410
TFO Wealth Partners
Maumee,
Ohio
| – | -$1K | -38 | Closed |
|
|
CWP
411
Concord Wealth Partners
Abingdon,
Virginia
| – | -$1K | -27 | Closed |
|
|
BG
412
Bollard Group
Boston,
Massachusetts
| – | +$18 | +1 | New |
|
CVE Hedge Fund Activity: Q3 2022 in Review
378 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2022, worth a combined $14.4B — down 21% from $18.2B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CVE positions and 37 closed out — a net gain of 7 holders — while 155 added to existing stakes and 121 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $335M. The largest seller was GQG Partners, exiting entirely with an estimated $609M sold.
- 378 institutional investors held Cenovus Energy (CVE) as of Q3 2022, up from 374 in Q2 2022.
- Funds reported $14.4B of Cenovus Energy stock for Q3 2022, down 21% quarter-over-quarter.
- 44 funds opened new Cenovus Energy positions in Q3 2022 and 37 closed out, a net change of +7 holders.
- The largest Cenovus Energy buyer in Q3 2022 was Wellington Management Group, an estimated $335M added.
- The largest Cenovus Energy seller in Q3 2022 was GQG Partners, an estimated $609M sold.
Based on aggregated 13F filings for Q3 2022.