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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
NAM
126
NewGen Asset Management
Ontario, Canada
$5.02M -$371K -20,000 -6%
TIM
127
Timelo Investment Management
Ontario, Canada
$4.77M +$5.29M +285,000 New
HIM
128
Hillsdale Investment Management
Ontario, Canada
$4.77M -$3.16M -170,340 -37%
QCM
129
Quantinno Capital Management
New York
$4.73M +$195K +10,494 +4%
DLP
130
De Lisle Partners
United Kingdom
$4.52M +$2.23M +120,000 +80%
Balyasny Asset Management
131
Balyasny Asset Management
Illinois
$4.48M +$4.68M +252,535 +1,634%
KJHP
132
K.J. Harrison & Partners
Ontario, Canada
$4.43M +$2.42M +130,745 +100%
NIM
133
NXG Investment Management
Texas
$4.42M -$241K -13,000 -5%
RJA
134
Raymond James & Associates
Florida
$4.39M -$776K -41,846 -14%
PIC
135
PCJ Investment Counsel
Ontario, Canada
$4.29M -$156K -8,430 -3%
MSRPS
136
Maryland State Retirement & Pension System
Maryland
$4.16M -$31.5K -1,698 -0.7%
ANRF
137
Adams Natural Resources Fund
Maryland
$4.1M -$898K -48,400 -17%
Capital Fund Management (CFM)
138
Capital Fund Management (CFM)
France
$4.05M +$419K +22,603 +10%
CM
139
CoreCommodity Management
Connecticut
$4.05M +$1.09M +58,582 +32%
Ohio Public Employees Retirement System (OPERS)
140
Ohio Public Employees Retirement System (OPERS)
Ohio
$4.02M +$4.46M +240,351 New
VOYA Investment Management
141
VOYA Investment Management
Georgia
$3.99M -$124K -6,665 -3%
MF
142
Magnetar Financial
Illinois
$3.89M +$4.31M +232,617 New
IMCOOI
143
Investment Management Corp of Ontario (IMCO)
Canada
$3.84M -$86.4K -4,659 -2%
EGM
144
Engineers Gate Manager
New York
$3.65M +$2.55M +137,623 +170%
CSS
145
Cubist Systematic Strategies
Connecticut
$3.62M -$7.4M -399,068 -65%
MG
146
Marex Group
$3.59M -$107K -5,795 -3%
Wells Fargo
147
Wells Fargo
California
$3.56M -$441K -23,766 -10%
ET
148
Entropy Technologies
New York
$3.47M +$3.85M +207,542 New
Canada Life
149
Canada Life
Manitoba, Canada
$3.4M -$729K -39,297 -16%
DWM
150
Dorchester Wealth Management
Quebec, Canada
$3.39M +$119K +6,430 +3%

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.