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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
ST
176
Spot Trading
Illinois
$719K +$803K +34,853 New
Chevy Chase Trust
177
Chevy Chase Trust
Maryland
$714K -$349K -15,150 -30%
DL
178
Delta Lloyd
Netherlands
$699K
HCM
179
Highbridge Capital Management
New York
$695K +$776K +33,700 New
ERSOT
180
Employees Retirement System of Texas
Texas
$680K
SKK
181
Shepherd Kaplan Krochuk
Massachusetts
$673K +$424K +18,390 +129%
NV
182
Nair Vinay
$643K +$718K +31,196 New
SB
183
Suntrust Banks
Georgia
$640K -$456K -19,792 -39%
Commonwealth Equity Services
184
Commonwealth Equity Services
Massachusetts
$622K +$444K +19,270 +177%
HIM
185
Harbour Investment Management
Washington
$581K -$15.7K -680 -2%
CANC
186
Culbertson A N & Co
Virginia
$578K -$159K -6,911 -20%
KFC
187
Klingenstein Fields & Co
New York
$570K -$748K -32,500 -54%
BCB
188
Brian C. Broderick
$546K -$168K -7,282 -22%
DMIC
189
Dixon Mitchell Investment Counsel
British Columbia, Canada
$538K
KeyBank National Association
190
KeyBank National Association
Ohio
$524K -$698K -30,298 -54%
DA
191
Dillon & Associates
Michigan
$521K -$179K -7,775 -24%
WHRC
192
W.H. Reaves & Co
New Jersey
$512K -$12.1M -523,565 -95%
M&T Bank
193
M&T Bank
New York
$488K +$546K +23,709 New
TFF
194
Timothy F. Fidgeon
$481K -$32.7K -1,420 -6%
HT
195
HAP Trading
New York
$468K +$523K +22,700 New
OSAM
196
O'Shaughnessy Asset Management
Connecticut
$467K +$522K +22,650 New
PG
197
PEAK6 Group
Illinois
$449K -$761K -33,062 -60%
HIM
198
Hillsdale Investment Management
Ontario, Canada
$437K -$585K -25,400 -55%
ACA
199
Anchor Capital Advisors
Massachusetts
$434K -$126K -5,481 -21%
Group One Trading
200
Group One Trading
Illinois
$426K +$475K +20,645 New

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.