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Cenovus Energy

381 hedge funds and large institutions have $16.1B invested in Cenovus Energy in 2025 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 135 increasing their positions, 131 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 812 (+4)

32% more capital invested

Capital invested by funds: $12.2B → $16.1B (+$3.95B)

3.78% more ownership

Funds ownership: 49.19%52.97% (+3.8%)

3% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 131

6% less funds holding

Funds holding: 405381 (-24)

12% less call options, than puts

Call options by funds: $276M | Put options by funds: $315M

28% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 75

Holders
381
Holders Change
-24
Holders Change %
-5.93%
% of All Funds
5%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.16%
New
54
Increased
135
Reduced
131
Closed
75
Calls
$276M
Puts
$315M
Net Calls
-$38.9M
Net Calls Change
-$20.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$2.65B -$448M -28,681,373 -16%
Capital Research Global Investors
2
Capital Research Global Investors
California
$1.81B +$1.24B +79,345,506 +291%
Vanguard Group
3
Vanguard Group
Pennsylvania
$956M +$5.53M +354,241 +0.6%
Capital International Investors
4
Capital International Investors
California
$834M -$188M -12,045,606 -20%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$661M +$40.5M +2,594,787 +7%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$587M -$630K -40,349 -0.1%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$520M +$152M +9,753,134 +47%
Fidelity International
8
Fidelity International
Bermuda
$467M +$426M +27,283,176 +11,828%
Boston Partners
9
Boston Partners
Massachusetts
$409M -$72M -4,612,948 -17%
Goldman Sachs
10
Goldman Sachs
New York
$349M -$89.4M -5,728,566 -22%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$314M +$105M +6,720,944 +57%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$292M -$2.67M -171,087 -1%
TD Asset Management
13
TD Asset Management
Ontario, Canada
$279M -$98.9M -6,335,758 -28%
SCM
14
Smead Capital Management
Arizona
$278M -$18.1M -1,162,335 -7%
Bank of America
15
Bank of America
North Carolina
$264M +$24.7M +1,579,257 +11%
Massachusetts Financial Services
16
Massachusetts Financial Services
Massachusetts
$245M +$61.6M +3,945,324 +38%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$206M +$118M +7,573,218 +166%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$205M +$16.8M +1,076,753 +10%
CIBC Asset Management
19
CIBC Asset Management
Ontario, Canada
$194M +$149M +9,516,460 +494%
CIBC World Market
20
CIBC World Market
Ontario, Canada
$185M -$8.72M -558,721 -5%
FDCDDQ
21
Federation des caisses Desjardins du Quebec
Quebec, Canada
$171M +$97.2M +6,225,582 +162%
Toronto Dominion Bank
22
Toronto Dominion Bank
Ontario, Canada
$147M +$56.6M +3,624,159 +72%
Invesco
23
Invesco
Georgia
$143M -$1.91M -122,504 -1%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$140M +$3.31M +212,002 +3%
MIM
25
Merewether Investment Management
Texas
$121M +$16.4M +1,047,500 +17%

CVE Hedge Fund Activity: Q3 2025 in Review

381 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Cenovus Energy (CVE) for Q3 2025, worth a combined $16.1B — up 32% from $12.2B a quarter earlier.

Sellers outnumbered buyers: 75 funds closed out of CVE and 54 opened new positions — a net loss of 21 holders — while 131 trimmed existing stakes and 135 added.

The largest buyer was Capital Research Global Investors, adding an estimated $1.24B. The largest seller was Capital World Investors, cutting an estimated $448M.

  • 381 institutional investors held Cenovus Energy (CVE) as of Q3 2025, down from 405 in Q2 2025.
  • Funds reported $16.1B of Cenovus Energy stock for Q3 2025, up 32% quarter-over-quarter.
  • 54 funds opened new Cenovus Energy positions in Q3 2025 and 75 closed out, a net change of -21 holders.
  • The largest Cenovus Energy buyer in Q3 2025 was Capital Research Global Investors, an estimated $1.24B added.
  • The largest Cenovus Energy seller in Q3 2025 was Capital World Investors, an estimated $448M sold.

Based on aggregated 13F filings for Q3 2025.