Cenovus Energy
275 hedge funds and large institutions have $8.06B invested in Cenovus Energy in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 84 increasing their positions, 83 reducing their positions, and 50 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
23% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $8.27M
1.79% more ownership
Funds ownership: 74.63% → 76.43% (+1.8%)
1% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 83
4% less capital invested
Capital invested by funds: $8.4B → $8.06B (-$340M)
5% less funds holding
Funds holding: 290 → 275 (-15)
26% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$160M |
| 2 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$143M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$86M |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$37.4M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$35.7M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$33.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$33.1M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$31.2M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$28.3M |
CVE Hedge Fund Activity: Q1 2018 in Review
275 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q1 2018, worth a combined $8.06B — down 4% from $8.4B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CVE and 37 opened new positions — a net loss of 13 holders — while 83 trimmed existing stakes and 84 added.
The largest buyer was Capital World Investors, adding an estimated $160M. The largest seller was Invesco, cutting an estimated $35.7M.
- 275 institutional investors held Cenovus Energy (CVE) as of Q1 2018, down from 290 in Q4 2017.
- Funds reported $8.06B of Cenovus Energy stock for Q1 2018, down 4% quarter-over-quarter.
- 37 funds opened new Cenovus Energy positions in Q1 2018 and 50 closed out, a net change of -13 holders.
- The largest Cenovus Energy buyer in Q1 2018 was Capital World Investors, an estimated $160M added.
- The largest Cenovus Energy seller in Q1 2018 was Invesco, an estimated $35.7M sold.
Based on aggregated 13F filings for Q1 2018.