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Cenovus Energy

318 hedge funds and large institutions have $9.9B invested in Cenovus Energy in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 99 increasing their positions, 139 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more call options, than puts

Call options by funds: $34.9M | Put options by funds: $28.7M

1.09% more ownership

Funds ownership: 62.02%63.12% (+1.1%)

6% less funds holding

Funds holding: 337318 (-19)

21% less capital invested

Capital invested by funds: $12.6B → $9.9B (-$2.69B)

29% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 139

32% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 50

67% less funds holding in top 10

Funds holding in top 10: 124 (-8)

Holders
318
Holders Change
-19
Holders Change %
-5.64%
% of All Funds
8.48%
Holding in Top 10
4
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-66.67%
% of All Funds
0.11%
New
34
Increased
99
Reduced
139
Closed
50
Calls
$34.9M
Puts
$28.7M
Net Calls
+$6.21M
Net Calls Change
+$29M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
101
Bank of America
North Carolina
$5.34M -$5.39M -234,091 -47%
SAM
102
Shell Asset Management
Netherlands
$5.27M +$374K +16,234 +8%
GIBU
103
Gulf International Bank (UK)
United Kingdom
$5.24M +$101K +4,400 +2%
NBC
104
Neuberger Berman Canada
Ontario, Canada
$5.16M +$1.99M +86,211 +67%
MME
105
Meag Munich Ergo
Germany
$5.01M -$967K -42,000 -15%
OAM
106
Oxford Asset Management
United Kingdom
$4.86M +$4.61M +200,362 +577%
UBS Group
107
UBS Group
Switzerland
$4.31M +$4.81M +208,927 New
GCAC
108
Guardian Capital Advisors (Canada)
Ontario, Canada
$4.31M +$132K +5,752 +3%
HA
109
Halsey Associates
Connecticut
$4.1M -$4.84M -210,079 -51%
Harris Associates
110
Harris Associates
Illinois
$3.9M -$99.2M -4,307,225 -96%
BMO
111
Beck Mack & Oliver
New York
$3.8M -$764K -33,160 -15%
BA
112
Bridgewater Associates
Connecticut
$3.78M -$410K -17,800 -9%
RJA
113
Raymond James & Associates
Florida
$3.78M -$219K -9,505 -5%
PAM
114
Panagora Asset Management
Massachusetts
$3.72M +$1.59M +68,893 +62%
NIM
115
NXG Investment Management
Texas
$3.61M +$4.03M +175,000 New
Citigroup
116
Citigroup
New York
$3.36M -$1.21M -52,401 -24%
AG
117
Aperio Group
California
$3.31M +$1.77M +76,654 +92%
Comerica Bank
118
Comerica Bank
Texas
$3.2M +$1.7M +73,791 +91%
TCA
119
Tortoise Capital Advisors
Kansas
$3.16M
ARMC
120
American Research & Management Company
Massachusetts
$3.13M -$210K -9,110 -6%
D.E. Shaw & Co
121
D.E. Shaw & Co
New York
$3.11M -$4.91M -213,200 -59%
AL
122
AJO LP
Pennsylvania
$3.08M -$4.43M -192,280 -56%
PWLP
123
Prio Wealth Limited Partnership
Massachusetts
$3.07M -$203K -8,794 -6%
EVM
124
Evelyn V. Moreno
$3.06M +$1.54M +66,960 +82%
MHC
125
Meyer Handelman Company
New York
$2.85M -$92.1K -4,000 -3%

CVE Hedge Fund Activity: Q4 2014 in Review

318 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2014, worth a combined $9.9B — down 21% from $12.6B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of CVE and 34 opened new positions — a net loss of 16 holders — while 139 trimmed existing stakes and 99 added.

The largest buyer was Burgundy Asset Management, adding an estimated $190M. The largest seller was Fidelity Investments, cutting an estimated $192M.

  • 318 institutional investors held Cenovus Energy (CVE) as of Q4 2014, down from 337 in Q3 2014.
  • Funds reported $9.9B of Cenovus Energy stock for Q4 2014, down 21% quarter-over-quarter.
  • 34 funds opened new Cenovus Energy positions in Q4 2014 and 50 closed out, a net change of -16 holders.
  • The largest Cenovus Energy buyer in Q4 2014 was Burgundy Asset Management, an estimated $190M added.
  • The largest Cenovus Energy seller in Q4 2014 was Fidelity Investments, an estimated $192M sold.

Based on aggregated 13F filings for Q4 2014.