Cenovus Energy
411 hedge funds and large institutions have $16.3B invested in Cenovus Energy in 2023 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 118 increasing their positions, 141 reducing their positions, and 51 closing their positions.
55% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 51
13% more call options, than puts
Call options by funds: $213M | Put options by funds: $188M
6% more funds holding
Funds holding: 388 → 411 (+23)
0.34% more ownership
Funds ownership: 50.95% → 51.29% (+0.34%)
16% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 141
19% less capital invested
Capital invested by funds: $20.2B → $16.3B (-$3.92B)
36% less funds holding in top 10
Funds holding in top 10: 25 → 16 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$369M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$195M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$186M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$162M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.14B |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$172M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$150M |
| 4 |
MIM
Merewether Investment Management
Dallas,
Texas
|
-$110M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$85.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QP
451
Quilter Plc
London,
United Kingdom
| – | -$867K | -1,180 | Closed |
|
|
FRA
452
Front Row Advisors
Tiburon,
California
| – | -$20.4K | -977 | Closed |
|
|
IPW
453
Impact Partnership Wealth
Marietta,
Georgia
| – | -$16.3K | -784 | Closed |
|
|
IG
454
ING Group
Amsterdam,
Netherlands
| – | -$10.6K | -508 | Closed |
|
|
RFG
455
RFP Financial Group
Atlanta,
Georgia
| – | -$9.74K | -468 | Closed |
|
|
TJHA
456
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$6.33K | -304 | Closed |
|
457
EARNEST Partners
Atlanta,
Georgia
| – | -$5.26K | -186 | Closed |
|
|
HWM
458
HighMark Wealth Management
St. Paul,
Minnesota
| – | -$2.61K | -125 | Closed |
|
|
CAS
459
Coppell Advisory Solutions
Coppell,
Texas
| – | -$1.94K | -100 | Closed |
|
|
AWM
460
Avior Wealth Management
Omaha,
Nebraska
| – | -$2.02K | -97 | Closed |
|
|
BBHC
461
Brown Brothers Harriman & Co
New York
| – | -$1.79K | -86 | Closed |
|
|
CA
462
Centerpoint Advisors
Needham,
Massachusetts
| – | -$1K | -41 | Closed |
|
|
N
463
Natixis
Paris,
France
| – | -$63 | -3 | Closed |
|
CVE Hedge Fund Activity: Q4 2023 in Review
411 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2023, worth a combined $16.3B — down 19% from $20.2B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CVE positions and 51 closed out — a net gain of 28 holders — while 118 added to existing stakes and 141 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $369M. The largest seller was Capital Research Global Investors, cutting an estimated $1.14B.
- 411 institutional investors held Cenovus Energy (CVE) as of Q4 2023, up from 388 in Q3 2023.
- Funds reported $16.3B of Cenovus Energy stock for Q4 2023, down 19% quarter-over-quarter.
- 79 funds opened new Cenovus Energy positions in Q4 2023 and 51 closed out, a net change of +28 holders.
- The largest Cenovus Energy buyer in Q4 2023 was Morgan Stanley, an estimated $369M added.
- The largest Cenovus Energy seller in Q4 2023 was Capital Research Global Investors, an estimated $1.14B sold.
Based on aggregated 13F filings for Q4 2023.