Cenovus Energy
409 hedge funds and large institutions have $19.2B invested in Cenovus Energy in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 162 increasing their positions, 119 reducing their positions, and 59 closing their positions.
63% more funds holding in top 10
Funds holding in top 10: 16 → 26 (+10)
60% more call options, than puts
Call options by funds: $387M | Put options by funds: $242M
36% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 119
18% more capital invested
Capital invested by funds: $16.3B → $19.2B (+$2.92B)
5% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 59
0.4% less ownership
Funds ownership: 51.29% → 50.88% (-0.4%)
0% less funds holding
Funds holding: 411 → 409 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$396M |
| 2 |
Goldman Sachs
New York
|
+$256M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$148M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$144M |
| 5 |
MIM
Merewether Investment Management
Dallas,
Texas
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$496M |
| 2 |
Morgan Stanley
New York
|
-$430M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$420M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$259M |
| 5 |
SCP
Soroban Capital Partners
New York
|
-$167M |
CVE Hedge Fund Activity: Q1 2024 in Review
409 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q1 2024, worth a combined $19.2B — up 18% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new CVE positions and 59 closed out — a net gain of 3 holders — while 162 added to existing stakes and 119 trimmed.
The largest buyer was Capital International Investors, adding an estimated $396M. The largest seller was Capital World Investors, cutting an estimated $496M.
- 409 institutional investors held Cenovus Energy (CVE) as of Q1 2024, down from 411 in Q4 2023.
- Funds reported $19.2B of Cenovus Energy stock for Q1 2024, up 18% quarter-over-quarter.
- 62 funds opened new Cenovus Energy positions in Q1 2024 and 59 closed out, a net change of +3 holders.
- The largest Cenovus Energy buyer in Q1 2024 was Capital International Investors, an estimated $396M added.
- The largest Cenovus Energy seller in Q1 2024 was Capital World Investors, an estimated $496M sold.
Based on aggregated 13F filings for Q1 2024.