Cenovus Energy
221 hedge funds and large institutions have $3.51B invested in Cenovus Energy in 2020 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 58 increasing their positions, 91 reducing their positions, and 38 closing their positions.
7% more call options, than puts
Call options by funds: $9.67M | Put options by funds: $9M
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1.62% less ownership
Funds ownership: 74.54% → 72.91% (-1.6%)
8% less funds holding
Funds holding: 240 → 221 (-19)
18% less capital invested
Capital invested by funds: $4.28B → $3.51B (-$772M)
36% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 91
47% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$30.2M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$29M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$14.2M |
| 4 |
Morgan Stanley
New York
|
+$13.5M |
| 5 |
Holocene Advisors
New York
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$50.6M |
| 2 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$26.1M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$25.3M |
| 4 |
LM
Lincluden Management
Mississauga,
Ontario, Canada
|
-$22.8M |
| 5 |
KSCM
King Street Capital Management
New York
|
-$13.1M |
CVE Hedge Fund Activity: Q3 2020 in Review
221 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2020, worth a combined $3.51B — down 18% from $4.28B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CVE and 20 opened new positions — a net loss of 18 holders — while 91 trimmed existing stakes and 58 added.
The largest buyer was Capital Research Global Investors, adding an estimated $30.2M. The largest seller was TD Asset Management, cutting an estimated $50.6M.
- 221 institutional investors held Cenovus Energy (CVE) as of Q3 2020, down from 240 in Q2 2020.
- Funds reported $3.51B of Cenovus Energy stock for Q3 2020, down 18% quarter-over-quarter.
- 20 funds opened new Cenovus Energy positions in Q3 2020 and 38 closed out, a net change of -18 holders.
- The largest Cenovus Energy buyer in Q3 2020 was Capital Research Global Investors, an estimated $30.2M added.
- The largest Cenovus Energy seller in Q3 2020 was TD Asset Management, an estimated $50.6M sold.
Based on aggregated 13F filings for Q3 2020.