Ovintiv
335 hedge funds and large institutions have $6.88B invested in Ovintiv in 2016 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 108 increasing their positions, 104 reducing their positions, and 23 closing their positions.
209% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 23
129% more funds holding in top 10
Funds holding in top 10: 7 → 16 (+9)
58% more capital invested
Capital invested by funds: $4.34B → $6.88B (+$2.54B)
15% more funds holding
Funds holding: 291 → 335 (+44)
4% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 104
0.62% more ownership
Funds ownership: 13.12% → 13.73% (+0.62%)
28% less call options, than puts
Call options by funds: $108M | Put options by funds: $151M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$198M |
| 2 |
EM
Elliott Management
New York
|
+$109M |
| 3 |
Millennium Management
New York
|
+$89.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$88.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$75.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$72.7M |
| 2 |
Morgan Stanley
New York
|
-$66M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$50.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$46M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$40.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$62K | -1,603 | Closed |
|
|
MCA
352
Mercer Capital Advisers
Little Silver,
New Jersey
| – | -$18K | -471 | Closed |
|
|
CCA
353
Checchi Capital Advisers
Beverly Hills,
California
| – | -$16K | -398 | Closed |
|
|
PFO
354
Pathstone Family Office
Englewood,
New Jersey
| – | -$4K | -100 | Closed |
|
OVV Hedge Fund Activity: Q3 2016 in Review
335 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q3 2016, worth a combined $6.88B — up 58% from $4.34B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new OVV positions and 23 closed out — a net gain of 48 holders — while 108 added to existing stakes and 104 trimmed.
The largest buyer was Causeway Capital Management, opening a new position worth an estimated $198M. The largest seller was Balyasny Asset Management, cutting an estimated $72.7M.
- 335 institutional investors held Ovintiv (OVV) as of Q3 2016, up from 291 in Q2 2016.
- Funds reported $6.88B of Ovintiv stock for Q3 2016, up 58% quarter-over-quarter.
- 71 funds opened new Ovintiv positions in Q3 2016 and 23 closed out, a net change of +48 holders.
- The largest Ovintiv buyer in Q3 2016 was Causeway Capital Management, an estimated $198M added.
- The largest Ovintiv seller in Q3 2016 was Balyasny Asset Management, an estimated $72.7M sold.
Based on aggregated 13F filings for Q3 2016.