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Cenovus Energy

382 hedge funds and large institutions have $18.7B invested in Cenovus Energy in 2022 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 129 increasing their positions, 133 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more capital invested

Capital invested by funds: $14.4B → $18.7B (+$4.33B)

27% more call options, than puts

Call options by funds: $278M | Put options by funds: $219M

20% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 51

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

1% more funds holding

Funds holding: 378382 (+4)

1.05% more ownership

Funds ownership: 49.25%50.3% (+1.1%)

3% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 133

Holders
382
Holders Change
+4
Holders Change %
+1.06%
% of All Funds
6.14%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
61
Increased
129
Reduced
133
Closed
51
Calls
$278M
Puts
$219M
Net Calls
+$58.6M
Net Calls Change
-$57.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$3.02B +$481M +25,106,799 +19%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$1.67B -$77.7M -4,053,738 -4%
Capital Research Global Investors
3
Capital Research Global Investors
California
$1.66B +$78.4M +4,090,739 +5%
SCP
4
Soroban Capital Partners
New York
$1.01B
Wellington Management Group
5
Wellington Management Group
Massachusetts
$878M +$79.1M +4,125,826 +10%
Vanguard Group
6
Vanguard Group
Pennsylvania
$801M -$5.16M -269,200 -0.6%
Fidelity International
7
Fidelity International
Bermuda
$769M +$44.3M +2,308,223 +6%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$757M -$16.8M -874,952 -2%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$658M -$21.1M -1,098,748 -3%
Boston Partners
10
Boston Partners
Massachusetts
$569M +$71.1M +3,705,805 +16%
ECU
11
Egerton Capital (UK)
United Kingdom
$558M -$9.69M -505,443 -2%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$328M -$28.5M -1,487,470 -8%
CIBC Asset Management
13
CIBC Asset Management
Ontario, Canada
$307M -$172K -8,958 -0.1%
National Bank of Canada
14
National Bank of Canada
Quebec, Canada
$287M +$256M +13,330,138 +909%
Bank of Nova Scotia
15
Bank of Nova Scotia
Ontario, Canada
$280M +$3.33M +173,490 +1%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$258M -$78M -4,065,323 -23%
Mackenzie Financial
17
Mackenzie Financial
Ontario, Canada
$241M -$420K -21,898 -0.2%
JP Morgan Chase
18
JP Morgan Chase
New York
$187M +$2.95M +154,082 +2%
Goldman Sachs
19
Goldman Sachs
New York
$182M +$57.8M +3,012,877 +47%
Capital International Investors
20
Capital International Investors
California
$157M -$690 -36 -0%
CIBC World Market
21
CIBC World Market
Ontario, Canada
$155M -$4.25M -221,598 -3%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$154M -$10.3M -536,280 -6%
NP
23
Ninepoint Partners
Ontario, Canada
$139M -$12.6M -655,860 -8%
Bank of America
24
Bank of America
North Carolina
$130M -$42.3M -2,205,069 -25%
LBA
25
Letko, Brosseau & Associates
Quebec, Canada
$120M -$24.7M -1,288,580 -17%

CVE Hedge Fund Activity: Q4 2022 in Review

382 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q4 2022, worth a combined $18.7B — up 30% from $14.4B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new CVE positions and 51 closed out — a net gain of 10 holders — while 129 added to existing stakes and 133 trimmed.

The largest buyer was Capital World Investors, adding an estimated $481M. The largest seller was Holocene Advisors, cutting an estimated $174M.

  • 382 institutional investors held Cenovus Energy (CVE) as of Q4 2022, up from 378 in Q3 2022.
  • Funds reported $18.7B of Cenovus Energy stock for Q4 2022, up 30% quarter-over-quarter.
  • 61 funds opened new Cenovus Energy positions in Q4 2022 and 51 closed out, a net change of +10 holders.
  • The largest Cenovus Energy buyer in Q4 2022 was Capital World Investors, an estimated $481M added.
  • The largest Cenovus Energy seller in Q4 2022 was Holocene Advisors, an estimated $174M sold.

Based on aggregated 13F filings for Q4 2022.