We are live on ! Find out more
CVE icon

Cenovus Energy

264 hedge funds and large institutions have $7.27B invested in Cenovus Energy in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 81 increasing their positions, 102 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more call options, than puts

Call options by funds: $4.42M | Put options by funds: $2.18M

5% more capital invested

Capital invested by funds: $6.94B → $7.27B (+$326M)

0.12% less ownership

Funds ownership: 66.21%66.09% (-0.12%)

6% less funds holding

Funds holding: 282264 (-18)

21% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 102

34% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 44

57% less funds holding in top 10

Funds holding in top 10: 73 (-4)

Holders
264
Holders Change
-18
Holders Change %
-6.38%
% of All Funds
7.03%
Holding in Top 10
3
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-57.14%
% of All Funds
0.08%
New
29
Increased
81
Reduced
102
Closed
44
Calls
$4.42M
Puts
$2.18M
Net Calls
+$2.24M
Net Calls Change
+$2.79M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$664M +$6.61M +552,773 +1%
BGC
2
Beutel, Goodman & Co
Ontario, Canada
$497M -$18M -1,506,180 -4%
Caisse de Depot et Placement du Quebec (CDPQ)
3
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$406M
Fidelity Investments
4
Fidelity Investments
Massachusetts
$388M +$253M +21,184,339 +244%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$371M -$5.67M -474,181 -2%
Invesco
6
Invesco
Georgia
$343M +$29.6M +2,470,650 +10%
First Eagle Investment Management
7
First Eagle Investment Management
New York
$330M +$284K +23,713 +0.1%
JFL
8
Jarislowsky, Fraser Ltd
Quebec, Canada
$328M +$1.16M +96,790 +0.4%
BAM
9
Burgundy Asset Management
Ontario, Canada
$309M +$37.9M +3,168,523 +15%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$269M +$29.7M +2,479,218 +14%
Vanguard Group
11
Vanguard Group
Pennsylvania
$202M +$25.3M +2,111,739 +16%
LBA
12
Letko, Brosseau & Associates
Quebec, Canada
$174M +$8.16M +681,710 +5%
Pzena Investment Management
13
Pzena Investment Management
New York
$174M +$111M +9,293,002 +227%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$154M +$57.2M +4,779,913 +194%
GCC
15
Guardian Capital (Canada)
Ontario, Canada
$143M -$25.3M -2,111,973 -16%
CIBC World Market
16
CIBC World Market
Ontario, Canada
$141M -$4.81M -402,458 -4%
Franklin Resources
17
Franklin Resources
California
$126M -$7.77M -649,243 -6%
Toronto Dominion Bank
18
Toronto Dominion Bank
Ontario, Canada
$109M -$31.2M -2,611,737 -24%
IGIM
19
I.G. Investment Management
Manitoba, Canada
$106M -$110M -9,161,419 -53%
Norges Bank
20
Norges Bank
Norway
$99.1M -$942K -78,783 -1%
CIBC Asset Management
21
CIBC Asset Management
Ontario, Canada
$95.6M -$32.2M -2,691,896 -27%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$93.2M +$26M +2,170,595 +44%
Mawer Investment Management
23
Mawer Investment Management
Alberta, Canada
$71.3M +$17.9M +1,496,092 +37%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$66.9M -$12.8M -1,068,092 -17%
Alyeska Investment Group
25
Alyeska Investment Group
Illinois
$61.9M +$16.2M +1,358,308 +40%

CVE Hedge Fund Activity: Q1 2016 in Review

264 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q1 2016, worth a combined $7.27B — up 4.7% from $6.94B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of CVE and 29 opened new positions — a net loss of 15 holders — while 102 trimmed existing stakes and 81 added.

The largest buyer was Fidelity Investments, adding an estimated $253M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $205M sold.

  • 264 institutional investors held Cenovus Energy (CVE) as of Q1 2016, down from 282 in Q4 2015.
  • Funds reported $7.27B of Cenovus Energy stock for Q1 2016, up 4.7% quarter-over-quarter.
  • 29 funds opened new Cenovus Energy positions in Q1 2016 and 44 closed out, a net change of -15 holders.
  • The largest Cenovus Energy buyer in Q1 2016 was Fidelity Investments, an estimated $253M added.
  • The largest Cenovus Energy seller in Q1 2016 was Mackenzie Financial, an estimated $205M sold.

Based on aggregated 13F filings for Q1 2016.