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Cenovus Energy

374 hedge funds and large institutions have $16.1B invested in Cenovus Energy in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 134 increasing their positions, 115 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 115

13% more call options, than puts

Call options by funds: $245M | Put options by funds: $218M

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

1% less funds holding

Funds holding: 377374 (-3)

4% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 54

1.48% less ownership

Funds ownership: 50.99%49.51% (-1.5%)

6% less capital invested

Capital invested by funds: $17.1B → $16.1B (-$955M)

Holders
374
Holders Change
-3
Holders Change %
-0.8%
% of All Funds
5.87%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
52
Increased
134
Reduced
115
Closed
54
Calls
$245M
Puts
$218M
Net Calls
+$27.6M
Net Calls Change
-$27.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$2.63B +$858M +50,921,845 +49%
Capital World Investors
2
Capital World Investors
California
$2.5B -$174M -10,333,608 -7%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.07B -$425M -25,233,077 -29%
Vanguard Group
4
Vanguard Group
Pennsylvania
$828M +$16.2M +961,636 +2%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$797M -$34.6M -2,053,870 -4%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$584M +$26.5M +1,570,893 +5%
TD Asset Management
7
TD Asset Management
Ontario, Canada
$574M +$196K +11,618 +0%
Boston Partners
8
Boston Partners
Massachusetts
$500M +$51.1M +3,033,170 +13%
Fidelity International
9
Fidelity International
Bermuda
$472M -$159M -9,433,332 -25%
Bank of Nova Scotia
10
Bank of Nova Scotia
Ontario, Canada
$264M +$13.1M +777,267 +5%
ECU
11
Egerton Capital (UK)
United Kingdom
$262M -$164M -9,728,452 -39%
CIBC Asset Management
12
CIBC Asset Management
Ontario, Canada
$256M +$3.68M +218,660 +1%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$249M -$13.8M -816,943 -5%
SCP
14
Soroban Capital Partners
New York
$238M -$340M -20,179,549 -59%
National Bank of Canada
15
National Bank of Canada
Quebec, Canada
$210M -$45.5M -2,703,317 -18%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$172M -$61.2M -3,633,260 -26%
NP
17
Ninepoint Partners
Ontario, Canada
$156M
Point72 Asset Management
18
Point72 Asset Management
Connecticut
$144M +$56.2M +3,336,087 +65%
CIBC World Market
19
CIBC World Market
Ontario, Canada
$142M -$3.96M -234,787 -3%
Capital International Investors
20
Capital International Investors
California
$134M
Invesco
21
Invesco
Georgia
$123M +$1.03M +61,076 +0.9%
Hotchkis & Wiley Capital Management
22
Hotchkis & Wiley Capital Management
California
$119M +$464K +27,570 +0.4%
Bank of America
23
Bank of America
North Carolina
$118M -$111M -6,568,008 -49%
JP Morgan Chase
24
JP Morgan Chase
New York
$118M -$33.1M -1,964,888 -22%
1832 Asset Management
25
1832 Asset Management
Ontario, Canada
$102M +$389K +23,100 +0.4%

CVE Hedge Fund Activity: Q2 2023 in Review

374 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2023, worth a combined $16.1B — down 5.6% from $17.1B a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of CVE and 52 opened new positions — a net loss of 2 holders — while 115 trimmed existing stakes and 134 added.

The largest buyer was Capital Research Global Investors, adding an estimated $858M. The largest seller was Fidelity Investments, cutting an estimated $425M.

  • 374 institutional investors held Cenovus Energy (CVE) as of Q2 2023, down from 377 in Q1 2023.
  • Funds reported $16.1B of Cenovus Energy stock for Q2 2023, down 5.6% quarter-over-quarter.
  • 52 funds opened new Cenovus Energy positions in Q2 2023 and 54 closed out, a net change of -2 holders.
  • The largest Cenovus Energy buyer in Q2 2023 was Capital Research Global Investors, an estimated $858M added.
  • The largest Cenovus Energy seller in Q2 2023 was Fidelity Investments, an estimated $425M sold.

Based on aggregated 13F filings for Q2 2023.