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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
Neuberger Berman Group
151
Neuberger Berman Group
New York
$3.31M -$8.9M -479,977 -71%
CL
152
CSS LLC
Illinois
$3.22M +$445K +24,000 +14%
Acadian Asset Management
153
Acadian Asset Management
Massachusetts
$3.2M -$78.8M -4,249,096 -96%
Public Sector Pension Investment Board (PSP Investments)
154
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.14M -$29.5K -1,588 -0.8%
GCM
155
GeoSphere Capital Management
Florida
$3.03M -$4.73M -255,000 -58%
Simplex Trading
156
Simplex Trading
Illinois
$2.99M +$880K +47,464 +36%
PP
157
Pacifica Partners
Canada
$2.97M -$52K -2,805 -2%
DTL
158
Dynamic Technology Lab
Singapore
$2.83M +$257K +13,837 +9%
GAM
159
Gotham Asset Management
New York
$2.72M -$843K -45,444 -22%
SWP
160
Stratos Wealth Partners
Ohio
$2.64M -$1.45K -78 -0%
MSFS
161
Main Street Financial Solutions
Pennsylvania
$2.53M +$2.8M +151,106 New
MNA
162
Manning & Napier Advisors
New York
$2.51M +$5.62K +303 +0.2%
URS
163
Utah Retirement Systems
Utah
$2.44M
NEI
164
Northwest & Ethical Investments
Ontario, Canada
$2.35M +$8.44K +455 +0.3%
Citigroup
165
Citigroup
New York
$2.31M +$662K +35,669 +35%
GS
166
GTS Securities
New York
$2.28M -$917K -49,442 -27%
AssetMark Inc
167
AssetMark Inc
California
$2.26M +$275K +14,814 +12%
MAA
168
Mraz Amerine & Associates
California
$2.26M +$1.49M +80,607 +148%
LPL Financial
169
LPL Financial
California
$2.25M -$165K -8,901 -6%
AI
170
Atria Investments
North Carolina
$2.25M +$395K +21,311 +19%
BHPW
171
Beverly Hills Private Wealth
California
$2.17M +$931K +50,181 +63%
MHI
172
Miller Howard Investments
New York
$2.03M -$359K -19,378 -14%
CF
173
Canoe Financial
Alberta, Canada
$2M -$70M -3,774,700 -97%
MIM
174
Meixler Investment Management
Arizona
$1.93M +$58.7K +3,167 +3%
Luther King Capital Management (LKCM)
175
Luther King Capital Management (LKCM)
Texas
$1.92M -$20.5K -1,105 -1%

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.