Ovintiv
OVV
434 hedge funds and large institutions have $9.04B invested in Ovintiv in 2023 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 166 increasing their positions, 144 reducing their positions, and 85 closing their positions.
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
93% more call options, than puts
Call options by funds: $197M | Put options by funds: $102M
33% more capital invested
Capital invested by funds: $6.79B → $9.04B (+$2.25B)
15% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 144
9.17% more ownership
Funds ownership: 76.8% → 85.97% (+9.2%)
5% less funds holding
Funds holding: 457 → 434 (-23)
26% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EECFX
EnCap Energy Capital Fund XI
Houston,
Texas
|
+$532M |
| 2 |
BlackRock
New York
|
+$333M |
| 3 |
EECFI
EnCap Energy Capital Fund IX
Houston,
Texas
|
+$256M |
| 4 |
State Street
Boston,
Massachusetts
|
+$98.5M |
| 5 |
Dodge & Cox
San Francisco,
California
|
+$84.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PDIP
Palo Duro Investment Partners
Chicago,
Illinois
|
-$56.2M |
| 2 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$47.9M |
| 3 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$43.5M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$39.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$36.7M |
OVV Hedge Fund Activity: Q2 2023 in Review
434 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q2 2023, worth a combined $9.04B — up 33% from $6.79B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of OVV and 63 opened new positions — a net loss of 22 holders — while 144 trimmed existing stakes and 166 added.
The largest buyer was EnCap Energy Capital Fund XI, opening a new position worth an estimated $532M. The largest seller was Palo Duro Investment Partners, exiting entirely with an estimated $56.2M sold.
- 434 institutional investors held Ovintiv (OVV) as of Q2 2023, down from 457 in Q1 2023.
- Funds reported $9.04B of Ovintiv stock for Q2 2023, up 33% quarter-over-quarter.
- 63 funds opened new Ovintiv positions in Q2 2023 and 85 closed out, a net change of -22 holders.
- The largest Ovintiv buyer in Q2 2023 was EnCap Energy Capital Fund XI, an estimated $532M added.
- The largest Ovintiv seller in Q2 2023 was Palo Duro Investment Partners, an estimated $56.2M sold.
Based on aggregated 13F filings for Q2 2023.