Cenovus Energy
397 hedge funds and large institutions have $12.5B invested in Cenovus Energy in 2025 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 146 increasing their positions, 137 reducing their positions, and 45 closing their positions.
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
1.95% more ownership
Funds ownership: 47.11% → 49.05% (+1.9%)
7% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 137
5% less capital invested
Capital invested by funds: $13.1B → $12.5B (-$610M)
2% less funds holding
Funds holding: 407 → 397 (-10)
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
43% less call options, than puts
Call options by funds: $145M | Put options by funds: $255M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$303M |
| 2 |
Goldman Sachs
New York
|
+$199M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$101M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$70.9M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$64.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$143M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$118M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$95.6M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$70.8M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$67.9M |
CVE Hedge Fund Activity: Q1 2025 in Review
397 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q1 2025, worth a combined $12.5B — down 4.7% from $13.1B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CVE and 40 opened new positions — a net loss of 5 holders — while 137 trimmed existing stakes and 146 added.
The largest buyer was Arrowstreet Capital, adding an estimated $303M. The largest seller was Royal Bank of Canada, cutting an estimated $143M.
- 397 institutional investors held Cenovus Energy (CVE) as of Q1 2025, down from 407 in Q4 2024.
- Funds reported $12.5B of Cenovus Energy stock for Q1 2025, down 4.7% quarter-over-quarter.
- 40 funds opened new Cenovus Energy positions in Q1 2025 and 45 closed out, a net change of -5 holders.
- The largest Cenovus Energy buyer in Q1 2025 was Arrowstreet Capital, an estimated $303M added.
- The largest Cenovus Energy seller in Q1 2025 was Royal Bank of Canada, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2025.