Cenovus Energy
406 hedge funds and large institutions have $12.2B invested in Cenovus Energy in 2025 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 157 increasing their positions, 126 reducing their positions, and 45 closing their positions.
27% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 45
25% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 126
2% more funds holding
Funds holding: 397 → 406 (+9)
0.14% more ownership
Funds ownership: 49.05% → 49.19% (+0.14%)
3% less capital invested
Capital invested by funds: $12.5B → $12.2B (-$329M)
7% less call options, than puts
Call options by funds: $251M | Put options by funds: $269M
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$184M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$154M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$132M |
| 4 |
Goldman Sachs
New York
|
+$128M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$71.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$331M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$158M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$85.6M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$85.2M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$73.3M |
CVE Hedge Fund Activity: Q2 2025 in Review
406 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q2 2025, worth a combined $12.2B — down 2.6% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new CVE positions and 45 closed out — a net gain of 12 holders — while 157 added to existing stakes and 126 trimmed.
The largest buyer was Capital International Investors, adding an estimated $184M. The largest seller was Arrowstreet Capital, cutting an estimated $331M.
- 406 institutional investors held Cenovus Energy (CVE) as of Q2 2025, up from 397 in Q1 2025.
- Funds reported $12.2B of Cenovus Energy stock for Q2 2025, down 2.6% quarter-over-quarter.
- 57 funds opened new Cenovus Energy positions in Q2 2025 and 45 closed out, a net change of +12 holders.
- The largest Cenovus Energy buyer in Q2 2025 was Capital International Investors, an estimated $184M added.
- The largest Cenovus Energy seller in Q2 2025 was Arrowstreet Capital, an estimated $331M sold.
Based on aggregated 13F filings for Q2 2025.