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Cenovus Energy

241 hedge funds and large institutions have $7.64B invested in Cenovus Energy in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 100 increasing their positions, 58 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 23

72% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 58

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

39% more capital invested

Capital invested by funds: $5.51B → $7.64B (+$2.13B)

14% more call options, than puts

Call options by funds: $24.4M | Put options by funds: $21.5M

6% more funds holding

Funds holding: 227241 (+14)

22.75% less ownership

Funds ownership: 73.65%50.91% (-23%)

Holders
241
Holders Change
+14
Holders Change %
+6.17%
% of All Funds
4.23%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.11%
New
40
Increased
100
Reduced
58
Closed
23
Calls
$24.4M
Puts
$21.5M
Net Calls
+$2.92M
Net Calls Change
+$6.25M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$42.8M +$5.25M +747,190 +15%
ECA
27
Encompass Capital Advisors
New York
$41.3M +$38.6M +5,500,000 New
Swiss National Bank
28
Swiss National Bank
Switzerland
$39.9M +$6.75M +960,135 +22%
CIBC Asset Management
29
CIBC Asset Management
Ontario, Canada
$39.1M +$7.69M +1,094,974 +27%
1832 Asset Management
30
1832 Asset Management
Ontario, Canada
$36.7M +$33.7M +4,795,972 +46,808%
Point72 Asset Management
31
Point72 Asset Management
Connecticut
$36M +$27M +3,843,773 +405%
Dimensional Fund Advisors
32
Dimensional Fund Advisors
Texas
$34.4M -$1.28M -181,795 -4%
WCA
33
Waratah Capital Advisors
Ontario, Canada
$33.8M +$18.3M +2,610,857 +138%
Canada Pension Plan Investment Board
34
Canada Pension Plan Investment Board
Ontario, Canada
$30M +$18.8M +2,674,358 +203%
Two Sigma Advisers
35
Two Sigma Advisers
New York
$29M +$4.07M +578,782 +18%
Russell Investments Group
36
Russell Investments Group
United Kingdom
$28M +$14.6M +2,078,301 +126%
IIM
37
Intact Investment Management
Quebec, Canada
$27.3M +$20.3M +2,893,800 New
Barclays
38
Barclays
United Kingdom
$26.8M +$15.8M +2,249,859 +170%
Goldman Sachs
39
Goldman Sachs
New York
$26.6M +$8.21M +1,168,744 +49%
Sumitomo Mitsui Trust Group
40
Sumitomo Mitsui Trust Group
Japan
$26.3M +$2.5M +355,814 +11%
AAMU
41
Amundi Asset Management US
Massachusetts
$25.9M +$108K +15,347 +0.4%
NP
42
Ninepoint Partners
Ontario, Canada
$22.6M +$14.1M +2,000,000 +200%
Millennium Management
43
Millennium Management
New York
$20.1M +$16.4M +2,333,245 +693%
Geode Capital Management
44
Geode Capital Management
Massachusetts
$19.4M +$2.08M +295,473 +13%
SRAIM
45
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$17.3M -$6.75M -960,330 -29%
BlackRock
46
BlackRock
New York
$16.6M +$10M +1,428,414 +184%
Deutsche Bank
47
Deutsche Bank
Germany
$15.2M +$9.91M +1,410,457 +232%
Assenagon Asset Management
48
Assenagon Asset Management
Luxembourg
$13.8M +$12.8M +1,826,469 +17,171%
NIM
49
Nexus Investment Management
Ontario, Canada
$12.9M -$60.4K -8,600 -0.5%
Schroder Investment Management Group
50
Schroder Investment Management Group
United Kingdom
$11.5M -$26.1M -3,719,596 -75%

CVE Hedge Fund Activity: Q1 2021 in Review

241 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q1 2021, worth a combined $7.64B — up 39% from $5.51B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new CVE positions and 23 closed out — a net gain of 17 holders — while 100 added to existing stakes and 58 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $492M. The largest seller was Fidelity International, cutting an estimated $187M.

  • 241 institutional investors held Cenovus Energy (CVE) as of Q1 2021, up from 227 in Q4 2020.
  • Funds reported $7.64B of Cenovus Energy stock for Q1 2021, up 39% quarter-over-quarter.
  • 40 funds opened new Cenovus Energy positions in Q1 2021 and 23 closed out, a net change of +17 holders.
  • The largest Cenovus Energy buyer in Q1 2021 was Capital Research Global Investors, an estimated $492M added.
  • The largest Cenovus Energy seller in Q1 2021 was Fidelity International, an estimated $187M sold.

Based on aggregated 13F filings for Q1 2021.