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Cenovus Energy

248 hedge funds and large institutions have $8.46B invested in Cenovus Energy in 2019 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 74 increasing their positions, 100 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more capital invested

Capital invested by funds: $8.38B → $8.46B (+$82.7M)

0.56% more ownership

Funds ownership: 78.08%78.65% (+0.56%)

5% less funds holding

Funds holding: 261248 (-13)

12% less call options, than puts

Call options by funds: $14.3M | Put options by funds: $16.3M

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

26% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 100

32% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 37

Holders
248
Holders Change
-13
Holders Change %
-4.98%
% of All Funds
5.39%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.17%
New
25
Increased
74
Reduced
100
Closed
37
Calls
$14.3M
Puts
$16.3M
Net Calls
-$2.03M
Net Calls Change
-$133M
Name Holding Trade Value Shares
Change
Change in
Stake
C
1
ConocoPhillips
Texas
$1.83B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$816M +$136K +15,146 +0%
Harris Associates
3
Harris Associates
Illinois
$529M -$83M -9,208,841 -13%
Capital World Investors
4
Capital World Investors
California
$478M +$116M +12,893,584 +31%
Capital Research Global Investors
5
Capital Research Global Investors
California
$426M +$96.5M +10,717,111 +29%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$382M +$15.7M +1,739,611 +4%
LBA
7
Letko, Brosseau & Associates
Quebec, Canada
$364M -$701K -77,850 -0.2%
Capital International Investors
8
Capital International Investors
California
$269M +$10.7K +1,193 +0%
Vanguard Group
9
Vanguard Group
Pennsylvania
$268M +$3.85M +427,499 +1%
First Eagle Investment Management
10
First Eagle Investment Management
New York
$228M -$1.98M -220,187 -0.8%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$213M +$117K +13,042 +0.1%
Caisse de Depot et Placement du Quebec (CDPQ)
12
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$198M -$1.36M -150,700 -0.7%
LM
13
Luminus Management
Texas
$197M +$46.9M +5,210,470 +30%
BGC
14
Beutel, Goodman & Co
Ontario, Canada
$184M -$11.8M -1,315,180 -6%
Pzena Investment Management
15
Pzena Investment Management
New York
$178M -$6.04M -670,989 -3%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$175M -$13.1M -1,451,659 -7%
Fidelity International
17
Fidelity International
Bermuda
$141M -$5.02M -556,811 -3%
CIBC Asset Management
18
CIBC Asset Management
Ontario, Canada
$123M -$20.8M -2,314,097 -14%
QI
19
QV Investors
Alberta, Canada
$98.9M -$32.1M -3,567,550 -29%
Norges Bank
20
Norges Bank
Norway
$89.5M +$13.6M +1,512,317 +18%
CIBC World Market
21
CIBC World Market
Ontario, Canada
$79.2M -$313K -34,704 -0.4%
Citadel Advisors
22
Citadel Advisors
Florida
$75.4M +$68.4M +7,589,991 +794%
Invesco
23
Invesco
Georgia
$75.2M -$6.25M -693,929 -8%
Bank of Nova Scotia
24
Bank of Nova Scotia
Ontario, Canada
$47.2M +$1.49M +165,395 +3%
Toronto Dominion Bank
25
Toronto Dominion Bank
Ontario, Canada
$45.6M +$34.3M +3,810,892 +59%

CVE Hedge Fund Activity: Q2 2019 in Review

248 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2019, worth a combined $8.46B — up 0.99% from $8.38B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of CVE and 25 opened new positions — a net loss of 12 holders — while 100 trimmed existing stakes and 74 added.

The largest buyer was Capital World Investors, adding an estimated $116M. The largest seller was Harris Associates, cutting an estimated $83M.

  • 248 institutional investors held Cenovus Energy (CVE) as of Q2 2019, down from 261 in Q1 2019.
  • Funds reported $8.46B of Cenovus Energy stock for Q2 2019, up 0.99% quarter-over-quarter.
  • 25 funds opened new Cenovus Energy positions in Q2 2019 and 37 closed out, a net change of -12 holders.
  • The largest Cenovus Energy buyer in Q2 2019 was Capital World Investors, an estimated $116M added.
  • The largest Cenovus Energy seller in Q2 2019 was Harris Associates, an estimated $83M sold.

Based on aggregated 13F filings for Q2 2019.