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Cenovus Energy

334 hedge funds and large institutions have $14B invested in Cenovus Energy in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 116 increasing their positions, 122 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more call options, than puts

Call options by funds: $45.3M | Put options by funds: $23.7M

39% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 23

12% more funds holding in top 10

Funds holding in top 10: 1719 (+2)

7% more capital invested

Capital invested by funds: $13.2B → $14B (+$869M)

1.4% more ownership

Funds ownership: 60.91%62.31% (+1.4%)

1% more funds holding

Funds holding: 331334 (+3)

5% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 122

Holders
334
Holders Change
+3
Holders Change %
+0.91%
% of All Funds
10.83%
Holding in Top 10
19
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+11.76%
% of All Funds
0.62%
New
32
Increased
116
Reduced
122
Closed
23
Calls
$45.3M
Puts
$23.7M
Net Calls
+$21.6M
Net Calls Change
+$22.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Credit Agricole
51
Credit Agricole
France
$44.8M +$44.4M +1,501,020 New
TCIM
52
TIAA CREF Investment Management
New York
$43.8M -$47.2M -1,597,601 -52%
SC
53
Scotia Capital
Ontario, Canada
$42.2M +$14.8M +499,573 +55%
TAM
54
Taylor Asset Management
Ontario, Canada
$41.2M +$21.8M +738,700 +115%
APG Asset Management
55
APG Asset Management
Netherlands
$40.1M -$7.36M -249,081 -16%
RFC
56
Russell Frank Company
Washington
$38.9M -$11.2M -377,251 -22%
SC
57
Saturna Capital
Washington
$32.6M -$53.2K -1,800 -0.2%
MTB
58
Mizuho Trust & Banking
Japan
$31.7M
AC
59
Addenda Capital
Quebec, Canada
$30.4M -$685K -23,160 -2%
WF
60
Welch & Forbes
Massachusetts
$29.2M -$59.1K -2,000 -0.2%
CI
61
Capital International
California
$28.8M -$4.27M -144,600 -13%
Renaissance Technologies
62
Renaissance Technologies
New York
$28.1M -$8.27M -279,700 -23%
AIMCA
63
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$27.1M +$26M +880,854 New
TAM
64
Tiverton Asset Management
Delaware
$26.9M
DCM
65
Dupont Capital Management
Delaware
$26.5M +$26.2M +887,372 New
BFA
66
BlackRock Fund Advisors
California
$25.9M +$1.05M +35,404 +4%
State of Wisconsin Investment Board
67
State of Wisconsin Investment Board
Wisconsin
$24.7M -$157K -5,300 -0.6%
KL
68
KGH Ltd
Bahamas
$24.2M +$18.1M +611,500 +349%
D.E. Shaw & Co
69
D.E. Shaw & Co
New York
$23.3M +$53.2K +1,800 +0.2%
JAM
70
JCIC Asset Management
Ontario, Canada
$22.7M +$8.65M +292,648 +62%
MAA
71
Managed Account Advisors
New Jersey
$21.9M -$421K -14,226 -2%
EIG
72
EdgePoint Investment Group
Ontario, Canada
$21M +$4.1M +138,529 +25%
WHRC
73
W.H. Reaves & Co
New Jersey
$20.9M +$812K +27,460 +4%
Goldman Sachs
74
Goldman Sachs
New York
$20.6M +$12.2M +411,484 +147%
DMIC
75
Dixon Mitchell Investment Counsel
British Columbia, Canada
$20.5M +$1.26M +42,523 +7%

CVE Hedge Fund Activity: Q3 2013 in Review

334 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2013, worth a combined $14B — up 6.6% from $13.2B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new CVE positions and 23 closed out — a net gain of 9 holders — while 116 added to existing stakes and 122 trimmed.

The largest buyer was Greystone Managed Investments, opening a new position worth an estimated $285M. The largest seller was Fidelity Investments, cutting an estimated $258M.

  • 334 institutional investors held Cenovus Energy (CVE) as of Q3 2013, up from 331 in Q2 2013.
  • Funds reported $14B of Cenovus Energy stock for Q3 2013, up 6.6% quarter-over-quarter.
  • 32 funds opened new Cenovus Energy positions in Q3 2013 and 23 closed out, a net change of +9 holders.
  • The largest Cenovus Energy buyer in Q3 2013 was Greystone Managed Investments, an estimated $285M added.
  • The largest Cenovus Energy seller in Q3 2013 was Fidelity Investments, an estimated $258M sold.

Based on aggregated 13F filings for Q3 2013.