Cenovus Energy
282 hedge funds and large institutions have $6.94B invested in Cenovus Energy in 2015 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 88 increasing their positions, 105 reducing their positions, and 21 closing their positions.
57% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 21
4% more funds holding
Funds holding: 272 → 282 (+10)
0.24% more ownership
Funds ownership: 65.98% → 66.21% (+0.24%)
8% less call options, than puts
Call options by funds: $6.23M | Put options by funds: $6.77M
16% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 105
17% less capital invested
Capital invested by funds: $8.32B → $6.94B (-$1.38B)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$99.9M |
| 2 |
Millennium Management
New York
|
+$53.6M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$43.1M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$31.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$140M |
| 2 |
First Eagle Investment Management
New York
|
-$102M |
| 3 |
SIG
Senator Investment Group
New York
|
-$73.8M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$19.2M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$16.3M |
CVE Hedge Fund Activity: Q4 2015 in Review
282 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2015, worth a combined $6.94B — down 17% from $8.32B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CVE positions and 21 closed out — a net gain of 12 holders — while 88 added to existing stakes and 105 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $99.9M. The largest seller was I.G. Investment Management, cutting an estimated $140M.
- 282 institutional investors held Cenovus Energy (CVE) as of Q4 2015, up from 272 in Q3 2015.
- Funds reported $6.94B of Cenovus Energy stock for Q4 2015, down 17% quarter-over-quarter.
- 33 funds opened new Cenovus Energy positions in Q4 2015 and 21 closed out, a net change of +12 holders.
- The largest Cenovus Energy buyer in Q4 2015 was Fidelity Investments, an estimated $99.9M added.
- The largest Cenovus Energy seller in Q4 2015 was I.G. Investment Management, an estimated $140M sold.
Based on aggregated 13F filings for Q4 2015.