Ovintiv
319 hedge funds and large institutions have $3.47B invested in Ovintiv in 2015 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 118 increasing their positions, 98 reducing their positions, and 52 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more call options, than puts
Call options by funds: $26.9M | Put options by funds: $21.9M
20% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 98
1.12% more ownership
Funds ownership: 11.7% → 12.82% (+1.1%)
4% less funds holding
Funds holding: 333 → 319 (-14)
25% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 52
36% less capital invested
Capital invested by funds: $5.42B → $3.47B (-$1.95B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$340M |
| 2 |
Citigroup
New York
|
+$79.6M |
| 3 |
Millennium Management
New York
|
+$67.6M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$40.1M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$179M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$157M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$102M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$46M |
| 5 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
-$22.6M |
OVV Hedge Fund Activity: Q3 2015 in Review
319 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q3 2015, worth a combined $3.47B — down 36% from $5.42B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of OVV and 39 opened new positions — a net loss of 13 holders — while 98 trimmed existing stakes and 118 added.
The largest buyer was Fidelity Investments, adding an estimated $340M. The largest seller was Manning & Napier Advisors, exiting entirely with an estimated $179M sold.
- 319 institutional investors held Ovintiv (OVV) as of Q3 2015, down from 333 in Q2 2015.
- Funds reported $3.47B of Ovintiv stock for Q3 2015, down 36% quarter-over-quarter.
- 39 funds opened new Ovintiv positions in Q3 2015 and 52 closed out, a net change of -13 holders.
- The largest Ovintiv buyer in Q3 2015 was Fidelity Investments, an estimated $340M added.
- The largest Ovintiv seller in Q3 2015 was Manning & Napier Advisors, an estimated $179M sold.
Based on aggregated 13F filings for Q3 2015.