We are live on ! Find out more
CVE icon

Cenovus Energy

374 hedge funds and large institutions have $16.1B invested in Cenovus Energy in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 134 increasing their positions, 115 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 115

13% more call options, than puts

Call options by funds: $245M | Put options by funds: $218M

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

1% less funds holding

Funds holding: 377374 (-3)

4% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 54

1.48% less ownership

Funds ownership: 50.99%49.51% (-1.5%)

6% less capital invested

Capital invested by funds: $17.1B → $16.1B (-$955M)

Holders
374
Holders Change
-3
Holders Change %
-0.8%
% of All Funds
5.87%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
52
Increased
134
Reduced
115
Closed
54
Calls
$245M
Puts
$218M
Net Calls
+$27.6M
Net Calls Change
-$27.8M
Name Holding Trade Value Shares
Change
Change in
Stake
LBA
26
Letko, Brosseau & Associates
Quebec, Canada
$99.7M -$2.98M -176,612 -3%
Connor, Clark & Lunn Investment Management (CC&L)
27
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$97.4M -$113M -6,705,054 -54%
Legal & General Group
28
Legal & General Group
United Kingdom
$97.3M +$2.84M +168,753 +3%
LC
29
L1 Capital
Australia
$95.7M +$7.51M +445,751 +9%
Manulife (Manufacturers Life Insurance)
30
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$93.2M -$23.3M -1,380,469 -20%
Toronto Dominion Bank
31
Toronto Dominion Bank
Ontario, Canada
$93M -$321K -19,047 -0.3%
BCIM
32
British Columbia Investment Management
British Columbia, Canada
$92M +$90.1M +5,350,172 +7,775%
Swiss National Bank
33
Swiss National Bank
Switzerland
$91.5M -$6.68M -396,300 -7%
Geode Capital Management
34
Geode Capital Management
Massachusetts
$90.8M +$7.72M +458,512 +9%
Millennium Management
35
Millennium Management
New York
$87.8M +$87.1M +5,168,367 New
Dimensional Fund Advisors
36
Dimensional Fund Advisors
Texas
$85.7M +$4.99M +296,379 +6%
AM
37
AGF Management
Ontario, Canada
$83.3M +$2.22M +131,799 +3%
Amundi
38
Amundi
France
$74.3M +$3.59M +212,947 +5%
MIM
39
Merewether Investment Management
Texas
$67.4M +$13.1M +776,933 +24%
MGIM
40
M&G Investment Management
United Kingdom
$65.9M +$6.38M +378,698 +11%
Goldman Sachs
41
Goldman Sachs
New York
$64.8M -$121M -7,163,838 -65%
AIMCA
42
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$58.5M -$6.98M -414,178 -11%
Citadel Advisors
43
Citadel Advisors
Florida
$57.1M +$54.3M +3,223,315 +2,271%
Sumitomo Mitsui Trust Group
44
Sumitomo Mitsui Trust Group
Japan
$56.3M -$14M -828,556 -20%
Morgan Stanley
45
Morgan Stanley
New York
$54.1M -$44.2M -2,626,237 -45%
Massachusetts Financial Services
46
Massachusetts Financial Services
Massachusetts
$51.7M +$2.83M +168,252 +6%
CI
47
Cambiar Investors
Colorado
$50.7M +$7.06M +418,958 +16%
Marshall Wace
48
Marshall Wace
United Kingdom
$49.6M +$28.1M +1,668,107 +133%
Neuberger Berman Group
49
Neuberger Berman Group
New York
$48.7M -$7.6M -451,025 -14%
TWC
50
TD Waterhouse Canada
Ontario, Canada
$46.1M -$1.6M -95,167 -4%

CVE Hedge Fund Activity: Q2 2023 in Review

374 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2023, worth a combined $16.1B — down 5.6% from $17.1B a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of CVE and 52 opened new positions — a net loss of 2 holders — while 115 trimmed existing stakes and 134 added.

The largest buyer was Capital Research Global Investors, adding an estimated $858M. The largest seller was Fidelity Investments, cutting an estimated $425M.

  • 374 institutional investors held Cenovus Energy (CVE) as of Q2 2023, down from 377 in Q1 2023.
  • Funds reported $16.1B of Cenovus Energy stock for Q2 2023, down 5.6% quarter-over-quarter.
  • 52 funds opened new Cenovus Energy positions in Q2 2023 and 54 closed out, a net change of -2 holders.
  • The largest Cenovus Energy buyer in Q2 2023 was Capital Research Global Investors, an estimated $858M added.
  • The largest Cenovus Energy seller in Q2 2023 was Fidelity Investments, an estimated $425M sold.

Based on aggregated 13F filings for Q2 2023.