Cenovus Energy
253 hedge funds and large institutions have $9.63B invested in Cenovus Energy in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 83 increasing their positions, 87 reducing their positions, and 45 closing their positions.
0.93% more ownership
Funds ownership: 76.68% → 77.61% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2% less capital invested
Capital invested by funds: $9.86B → $9.63B (-$229M)
5% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 87
10% less funds holding
Funds holding: 280 → 253 (-27)
13% less call options, than puts
Call options by funds: $31.1M | Put options by funds: $35.9M
53% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$427M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$284M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$65.1M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$64.2M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$51.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$235M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$162M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$49.8M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$47.8M |
| 5 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$44.7M |
CVE Hedge Fund Activity: Q3 2018 in Review
253 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2018, worth a combined $9.63B — down 2.3% from $9.86B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CVE and 21 opened new positions — a net loss of 24 holders — while 87 trimmed existing stakes and 83 added.
The largest buyer was Harris Associates, adding an estimated $427M. The largest seller was Capital World Investors, cutting an estimated $235M.
- 253 institutional investors held Cenovus Energy (CVE) as of Q3 2018, down from 280 in Q2 2018.
- Funds reported $9.63B of Cenovus Energy stock for Q3 2018, down 2.3% quarter-over-quarter.
- 21 funds opened new Cenovus Energy positions in Q3 2018 and 45 closed out, a net change of -24 holders.
- The largest Cenovus Energy buyer in Q3 2018 was Harris Associates, an estimated $427M added.
- The largest Cenovus Energy seller in Q3 2018 was Capital World Investors, an estimated $235M sold.
Based on aggregated 13F filings for Q3 2018.