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Cenovus Energy

423 hedge funds and large institutions have $14.5B invested in Cenovus Energy in 2024 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 156 increasing their positions, 146 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 53

1% more funds holding

Funds holding: 417423 (+6)

7% more repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 146

2.84% less ownership

Funds ownership: 49.34%46.5% (-2.8%)

20% less capital invested

Capital invested by funds: $18.2B → $14.5B (-$3.67B)

29% less funds holding in top 10

Funds holding in top 10: 2115 (-6)

29% less call options, than puts

Call options by funds: $148M | Put options by funds: $208M

Holders
423
Holders Change
+6
Holders Change %
+1.44%
% of All Funds
6.07%
Holding in Top 10
15
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-28.57%
% of All Funds
0.22%
New
63
Increased
156
Reduced
146
Closed
53
Calls
$148M
Puts
$208M
Net Calls
-$60.7M
Net Calls Change
-$170M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
76
Bank of New York Mellon
New York
$18.2M -$2.09M -112,905 -9%
UBS Group
77
UBS Group
Switzerland
$18.2M +$6.73M +362,899 +50%
Deutsche Bank
78
Deutsche Bank
Germany
$18M -$55.3M -2,981,043 -74%
NIM
79
Nexus Investment Management
Ontario, Canada
$17.7M +$167K +9,000 +0.9%
IIM
80
INTECH Investment Management
Florida
$17.4M +$14M +757,534 +266%
Envestnet Asset Management
81
Envestnet Asset Management
Illinois
$16.8M +$1.42M +76,397 +8%
Korea Investment Corp
82
Korea Investment Corp
South Korea
$15.2M -$6.39M -344,387 -28%
Two Sigma Investments
83
Two Sigma Investments
New York
$14.7M +$8.91M +480,209 +121%
UBS AM
84
UBS AM
Illinois
$13.9M -$1.34M -72,186 -8%
CI
85
Capital International
California
$13.2M +$2.4M +129,251 +20%
VanEck Associates
86
VanEck Associates
New York
$13M +$798K +43,023 +6%
SNT
87
SIG North Trading
Pennsylvania
$12.8M +$12.9M +697,885 +1,068%
BCM
88
Bornite Capital Management
New York
$12.5M -$33M -1,780,900 -70%
State of Tennessee, Department of Treasury
89
State of Tennessee, Department of Treasury
Tennessee
$12.5M -$306K -16,518 -2%
TI
90
Trexquant Investment
Connecticut
$12.3M +$6.47M +348,957 +90%
PAEMF
91
Panview Asian Equity Master Fund
Hong Kong
$12.3M
CGPCS
92
Capital Group Private Client Services
California
$11.9M -$225K -12,142 -2%
HHAM
93
HITE Hedge Asset Management
Massachusetts
$11.6M +$12.8M +691,498 New
DekaBank Deutsche Girozentrale
94
DekaBank Deutsche Girozentrale
Germany
$11.3M +$329K +17,751 +3%
Jennison Associates
95
Jennison Associates
New York
$11.3M +$12.6M +676,981 New
GAM
96
Guinness Asset Management
United Kingdom
$11.2M -$2.05M -110,379 -14%
Allianz Asset Management
97
Allianz Asset Management
Germany
$10.8M +$11.6M +627,297 +3,411%
AC
98
Addenda Capital
Quebec, Canada
$10.6M -$61.9K -3,340 -0.7%
Northern Trust
99
Northern Trust
Illinois
$10.6M -$220K -11,863 -2%
American Century Companies
100
American Century Companies
Missouri
$10.4M +$983K +52,991 +9%

CVE Hedge Fund Activity: Q3 2024 in Review

423 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2024, worth a combined $14.5B — down 20% from $18.2B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new CVE positions and 53 closed out — a net gain of 10 holders — while 156 added to existing stakes and 146 trimmed.

The largest buyer was Capital World Investors, adding an estimated $739M. The largest seller was Capital Research Global Investors, cutting an estimated $816M.

  • 423 institutional investors held Cenovus Energy (CVE) as of Q3 2024, up from 417 in Q2 2024.
  • Funds reported $14.5B of Cenovus Energy stock for Q3 2024, down 20% quarter-over-quarter.
  • 63 funds opened new Cenovus Energy positions in Q3 2024 and 53 closed out, a net change of +10 holders.
  • The largest Cenovus Energy buyer in Q3 2024 was Capital World Investors, an estimated $739M added.
  • The largest Cenovus Energy seller in Q3 2024 was Capital Research Global Investors, an estimated $816M sold.

Based on aggregated 13F filings for Q3 2024.