Cenovus Energy
269 hedge funds and large institutions have $7.99B invested in Cenovus Energy in 2016 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 94 increasing their positions, 90 reducing their positions, and 24 closing their positions.
303% more call options, than puts
Call options by funds: $6.89M | Put options by funds: $1.71M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
10% more capital invested
Capital invested by funds: $7.27B → $7.99B (+$716M)
2.77% more ownership
Funds ownership: 66.09% → 68.86% (+2.8%)
2% more funds holding
Funds holding: 264 → 269 (+5)
4% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$177M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$76.7M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$62.3M |
| 4 |
TA
Teachers Advisors
New York
|
+$35.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$41.8M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$38M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$29.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$26.4M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$23M |
CVE Hedge Fund Activity: Q2 2016 in Review
269 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2016, worth a combined $7.99B — up 9.8% from $7.27B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CVE positions and 24 closed out — a net gain of 8 holders — while 94 added to existing stakes and 90 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $177M. The largest seller was Guardian Capital (Canada), cutting an estimated $41.8M.
- 269 institutional investors held Cenovus Energy (CVE) as of Q2 2016, up from 264 in Q1 2016.
- Funds reported $7.99B of Cenovus Energy stock for Q2 2016, up 9.8% quarter-over-quarter.
- 32 funds opened new Cenovus Energy positions in Q2 2016 and 24 closed out, a net change of +8 holders.
- The largest Cenovus Energy buyer in Q2 2016 was Mackenzie Financial, an estimated $177M added.
- The largest Cenovus Energy seller in Q2 2016 was Guardian Capital (Canada), an estimated $41.8M sold.
Based on aggregated 13F filings for Q2 2016.