Cenovus Energy
240 hedge funds and large institutions have $4.28B invested in Cenovus Energy in 2020 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 73 increasing their positions, 94 reducing their positions, and 44 closing their positions.
125% more capital invested
Capital invested by funds: $1.9B → $4.28B (+$2.38B)
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
1.84% less ownership
Funds ownership: 76.37% → 74.54% (-1.8%)
4% less funds holding
Funds holding: 249 → 240 (-9)
13% less call options, than puts
Call options by funds: $9.24M | Put options by funds: $10.6M
20% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 44
22% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$162M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$40M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$32M |
| 4 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$21.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$84.1M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$46.8M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$34.7M |
| 4 |
Renaissance Technologies
New York
|
-$31.3M |
| 5 |
Morgan Stanley
New York
|
-$24.2M |
CVE Hedge Fund Activity: Q2 2020 in Review
240 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2020, worth a combined $4.28B — up 125% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of CVE and 35 opened new positions — a net loss of 9 holders — while 94 trimmed existing stakes and 73 added.
The largest buyer was Capital Research Global Investors, adding an estimated $162M. The largest seller was Goldman Sachs, cutting an estimated $84.1M.
- 240 institutional investors held Cenovus Energy (CVE) as of Q2 2020, down from 249 in Q1 2020.
- Funds reported $4.28B of Cenovus Energy stock for Q2 2020, up 125% quarter-over-quarter.
- 35 funds opened new Cenovus Energy positions in Q2 2020 and 44 closed out, a net change of -9 holders.
- The largest Cenovus Energy buyer in Q2 2020 was Capital Research Global Investors, an estimated $162M added.
- The largest Cenovus Energy seller in Q2 2020 was Goldman Sachs, an estimated $84.1M sold.
Based on aggregated 13F filings for Q2 2020.