Cenovus Energy
264 hedge funds and large institutions have $9.89B invested in Cenovus Energy in 2019 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 77 increasing their positions, 96 reducing their positions, and 34 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
15% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 34
11% more call options, than puts
Call options by funds: $30.2M | Put options by funds: $27.2M
10% more capital invested
Capital invested by funds: $9.02B → $9.89B (+$862M)
1.18% more ownership
Funds ownership: 77.96% → 79.14% (+1.2%)
0% less funds holding
Funds holding: 265 → 264 (-1)
20% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$62.9M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$50.7M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$50.1M |
| 4 |
Goldman Sachs
New York
|
+$44.8M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$79.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$40.3M |
| 3 |
Two Sigma Investments
New York
|
-$20.1M |
| 4 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$17.6M |
| 5 |
D.E. Shaw & Co
New York
|
-$16.3M |
CVE Hedge Fund Activity: Q4 2019 in Review
264 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2019, worth a combined $9.89B — up 9.6% from $9.02B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CVE positions and 34 closed out — a net gain of 5 holders — while 77 added to existing stakes and 96 trimmed.
The largest buyer was Credit Suisse, adding an estimated $62.9M. The largest seller was Luminus Management, cutting an estimated $79.5M.
- 264 institutional investors held Cenovus Energy (CVE) as of Q4 2019, down from 265 in Q3 2019.
- Funds reported $9.89B of Cenovus Energy stock for Q4 2019, up 9.6% quarter-over-quarter.
- 39 funds opened new Cenovus Energy positions in Q4 2019 and 34 closed out, a net change of +5 holders.
- The largest Cenovus Energy buyer in Q4 2019 was Credit Suisse, an estimated $62.9M added.
- The largest Cenovus Energy seller in Q4 2019 was Luminus Management, an estimated $79.5M sold.
Based on aggregated 13F filings for Q4 2019.