Cenovus Energy
304 hedge funds and large institutions have $11.8B invested in Cenovus Energy in 2021 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 99 increasing their positions, 90 reducing their positions, and 29 closing their positions.
248% more call options, than puts
Call options by funds: $146M | Put options by funds: $42M
152% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 29
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
18% more capital invested
Capital invested by funds: $10B → $11.8B (+$1.79B)
16% more funds holding
Funds holding: 262 → 304 (+42)
10% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 90
1.63% less ownership
Funds ownership: 48.96% → 47.33% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$269M |
| 2 |
SCP
Soroban Capital Partners
New York
|
+$130M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$109M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$103M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
ConocoPhillips
Houston,
Texas
|
-$596M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$316M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$137M |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$136M |
| 5 |
Barclays
London,
United Kingdom
|
-$94.8M |
CVE Hedge Fund Activity: Q4 2021 in Review
304 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2021, worth a combined $11.8B — up 18% from $10B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new CVE positions and 29 closed out — a net gain of 44 holders — while 99 added to existing stakes and 90 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $269M. The largest seller was ConocoPhillips, cutting an estimated $596M.
- 304 institutional investors held Cenovus Energy (CVE) as of Q4 2021, up from 262 in Q3 2021.
- Funds reported $11.8B of Cenovus Energy stock for Q4 2021, up 18% quarter-over-quarter.
- 73 funds opened new Cenovus Energy positions in Q4 2021 and 29 closed out, a net change of +44 holders.
- The largest Cenovus Energy buyer in Q4 2021 was Fidelity Investments, an estimated $269M added.
- The largest Cenovus Energy seller in Q4 2021 was ConocoPhillips, an estimated $596M sold.
Based on aggregated 13F filings for Q4 2021.