We are live on ! Find out more
CVE icon

Cenovus Energy
CVE

291 hedge funds and large institutions have $8.5B invested in Cenovus Energy in 2015 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 81 increasing their positions, 120 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more call options, than puts

Call options by funds: $25.3M | Put options by funds: $18.9M

0% more funds holding in top 10

Funds holding in top 10: 6 → 6 (0)

0.33% less ownership

Funds ownership: 65.01% → 64.68% (-0.33%)

5% less funds holding

Funds holding: 307 → 291 (-16)

7% less capital invested

Capital invested by funds: $9.1B → $8.5B (-$600M)

25% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 44

33% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 120

Holders
291
Holders Change
-16
Holders Change %
-5.21%
% of All Funds
7.84%
Holding in Top 10
6
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.16%
New
33
Increased
81
Reduced
120
Closed
44
Calls
$25.3M
Puts
$18.9M
Net Calls
+$6.39M
Net Calls Change
+$15.7M

Top Buyers

1
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
+$77.7M
2
HCM
Highfields Capital Management
Massachusetts
+$76.1M
3
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
+$52.4M
4
CIBC Asset Management
CIBC Asset Management
Ontario, Canada
+$46.9M
5
BGC
Beutel, Goodman & Co
Ontario, Canada
+$43.9M

Top Sellers

1
First Eagle Investment Management
First Eagle Investment Management
New York
-$87.1M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$76.8M
3
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
-$59.6M
4
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$53.1M
5
Millennium Management
Millennium Management
New York
-$48.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
OTPPB
51
Ontario Teachers' Pension Plan Board
Ontario, Canada
$20.5M – – –
CAM
52
Cidel Asset Management
Ontario, Canada
$20.1M -$620K -35,638 -3%
TCIM
53
TIAA CREF Investment Management
New York
$19.5M +$21.2M +1,220,000 New
Ninety One (UK)
54
Ninety One (UK)
United Kingdom
$19.1M +$608K +34,940 +3%
MF
55
Magnetar Financial
Illinois
$18.6M +$20.3M +1,163,382 New
Morgan Stanley
56
Morgan Stanley
New York
$17.3M -$38.6M -2,219,193 -67%
State of Tennessee, Department of Treasury
57
State of Tennessee, Department of Treasury
Tennessee
$17.2M – – –
BFA
58
BlackRock Fund Advisors
California
$16.3M +$113K +6,471 +0.6%
CI
59
Capital International
California
$16M -$613K -35,200 -3%
AII
60
AGF Investments Inc
Ontario, Canada
$16M -$1.58M -90,887 -8%
Bank of New York Mellon
61
Bank of New York Mellon
New York
$14.9M -$2.72M -156,055 -14%
VBCP
62
Vollero Beach Capital Partners
New York
$14.5M +$15.7M +904,631 New
Balyasny Asset Management
63
Balyasny Asset Management
Illinois
$13.5M +$8.06M +462,914 +122%
AT
64
AMF Tjänstepension
Sweden
$12.9M -$4.04M -231,959 -22%
Millennium Management
65
Millennium Management
New York
$11.6M -$48.5M -2,785,884 -79%
Point72 Asset Management
66
Point72 Asset Management
Connecticut
$11.2M +$12.2M +700,000 New
MAA
67
Managed Account Advisors
New Jersey
$10.7M -$6.12M -351,632 -34%
Fidelity Investments
68
Fidelity Investments
Massachusetts
$10.4M -$76.8M -4,408,973 -87%
FRM
69
Foundation Resource Management
Arkansas
$10.2M -$175K -10,046 -2%
Goldman Sachs
70
Goldman Sachs
New York
$9.94M +$2.21M +127,177 +26%
CPS
71
Counsel Portfolio Services
Ontario, Canada
$9.58M +$174K +10,000 +2%
BIT
72
BlackRock Institutional Trust
California
$9.33M +$369K +21,200 +4%
NEI
73
Northwest & Ethical Investments
Ontario, Canada
$8.85M -$686K -39,400 -7%
Two Sigma Investments
74
Two Sigma Investments
New York
$8.8M +$3.31M +189,977 +53%
CCP
75
Caymus Capital Partners
Texas
$8.72M +$9.49M +545,000 New
1 2
3
4 5

CVE Hedge Fund Activity: Q2 2015 in Review

291 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2015, worth a combined $8.5B — down 6.6% from $9.1B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of CVE and 33 opened new positions — a net loss of 11 holders — while 120 trimmed existing stakes and 81 added.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $77.7M. The largest seller was First Eagle Investment Management, cutting an estimated $87.1M.

  • 291 institutional investors held Cenovus Energy (CVE) as of Q2 2015, down from 307 in Q1 2015.
  • Funds reported $8.5B of Cenovus Energy stock for Q2 2015, down 6.6% quarter-over-quarter.
  • 33 funds opened new Cenovus Energy positions in Q2 2015 and 44 closed out, a net change of -11 holders.
  • The largest Cenovus Energy buyer in Q2 2015 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $77.7M added.
  • The largest Cenovus Energy seller in Q2 2015 was First Eagle Investment Management, an estimated $87.1M sold.

Based on aggregated 13F filings for Q2 2015.