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Cenovus Energy

374 hedge funds and large institutions have $18.2B invested in Cenovus Energy in 2022 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 131 increasing their positions, 122 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more call options, than puts

Call options by funds: $304M | Put options by funds: $125M

106% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 34

41% more funds holding in top 10

Funds holding in top 10: 1724 (+7)

17% more capital invested

Capital invested by funds: $15.5B → $18.2B (+$2.71B)

10% more funds holding

Funds holding: 340374 (+34)

2.29% more ownership

Funds ownership: 47.1%49.39% (+2.3%)

7% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 122

Holders
374
Holders Change
+34
Holders Change %
+10%
% of All Funds
6.3%
Holding in Top 10
24
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+41.18%
% of All Funds
0.4%
New
70
Increased
131
Reduced
122
Closed
34
Calls
$304M
Puts
$125M
Net Calls
+$178M
Net Calls Change
-$240M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$2.33B +$1.87B +94,033,331 +330%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$2.08B +$15.3M +767,626 +0.7%
Capital Research Global Investors
3
Capital Research Global Investors
California
$2.08B -$241M -12,101,223 -10%
SCP
4
Soroban Capital Partners
New York
$957M +$37.3M +1,875,000 +4%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$781M -$218M -10,965,089 -21%
Vanguard Group
6
Vanguard Group
Pennsylvania
$773M +$8.33M +418,567 +1%
Fidelity International
7
Fidelity International
Bermuda
$727M -$206M -10,328,994 -21%
TD Asset Management
8
TD Asset Management
Ontario, Canada
$668M -$51.2M -2,572,892 -7%
GQG Partners
9
GQG Partners
Florida
$609M +$639M +32,100,761 New
Wellington Management Group
10
Wellington Management Group
Massachusetts
$423M +$47.1M +2,367,956 +12%
Boston Partners
11
Boston Partners
Massachusetts
$401M +$13.7M +689,625 +4%
ECU
12
Egerton Capital (UK)
United Kingdom
$349M +$365M +18,335,980 New
Connor, Clark & Lunn Investment Management (CC&L)
13
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$345M -$21.5M -1,082,120 -6%
CIBC Asset Management
14
CIBC Asset Management
Ontario, Canada
$323M +$19.8M +993,298 +6%
Mackenzie Financial
15
Mackenzie Financial
Ontario, Canada
$317M -$127M -6,363,454 -28%
Bank of Nova Scotia
16
Bank of Nova Scotia
Ontario, Canada
$234M +$1.26M +63,124 +0.5%
Goldman Sachs
17
Goldman Sachs
New York
$192M +$105M +5,270,635 +109%
JP Morgan Chase
18
JP Morgan Chase
New York
$181M -$22.9M -1,150,290 -11%
LBA
19
Letko, Brosseau & Associates
Quebec, Canada
$170M -$1.47M -73,982 -0.8%
CIBC World Market
20
CIBC World Market
Ontario, Canada
$163M +$8.55M +429,493 +5%
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$157M +$18M +905,595 +12%
TP
22
Third Point
New York
$138M +$105M +5,275,000 +264%
Capital International Investors
23
Capital International Investors
California
$125M +$119M +6,000,000 +1,051%
Swiss National Bank
24
Swiss National Bank
Switzerland
$119M +$8.47M +425,800 +7%
Legal & General Group
25
Legal & General Group
United Kingdom
$111M +$12.2M +614,833 +12%

CVE Hedge Fund Activity: Q2 2022 in Review

374 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2022, worth a combined $18.2B — up 17% from $15.5B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new CVE positions and 34 closed out — a net gain of 36 holders — while 131 added to existing stakes and 122 trimmed.

The largest buyer was Capital World Investors, adding an estimated $1.87B. The largest seller was Millennium Management, exiting entirely with an estimated $292M sold.

  • 374 institutional investors held Cenovus Energy (CVE) as of Q2 2022, up from 340 in Q1 2022.
  • Funds reported $18.2B of Cenovus Energy stock for Q2 2022, up 17% quarter-over-quarter.
  • 70 funds opened new Cenovus Energy positions in Q2 2022 and 34 closed out, a net change of +36 holders.
  • The largest Cenovus Energy buyer in Q2 2022 was Capital World Investors, an estimated $1.87B added.
  • The largest Cenovus Energy seller in Q2 2022 was Millennium Management, an estimated $292M sold.

Based on aggregated 13F filings for Q2 2022.