Ovintiv
351 hedge funds and large institutions have $7.86B invested in Ovintiv in 2016 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 104 increasing their positions, 119 reducing their positions, and 54 closing their positions.
39% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 54
14% more capital invested
Capital invested by funds: $6.88B → $7.86B (+$987M)
13% more call options, than puts
Call options by funds: $90M | Put options by funds: $79.5M
5% more funds holding
Funds holding: 335 → 351 (+16)
0.01% less ownership
Funds ownership: 13.73% → 13.72% (-0.01%)
13% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 119
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$255M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$238M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$209M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$115M |
| 5 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$52.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$150M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$117M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$110M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$86.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$84.4M |
OVV Hedge Fund Activity: Q4 2016 in Review
351 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q4 2016, worth a combined $7.86B — up 14% from $6.88B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new OVV positions and 54 closed out — a net gain of 21 holders — while 104 added to existing stakes and 119 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $255M. The largest seller was Millennium Management, cutting an estimated $150M.
- 351 institutional investors held Ovintiv (OVV) as of Q4 2016, up from 335 in Q3 2016.
- Funds reported $7.86B of Ovintiv stock for Q4 2016, up 14% quarter-over-quarter.
- 75 funds opened new Ovintiv positions in Q4 2016 and 54 closed out, a net change of +21 holders.
- The largest Ovintiv buyer in Q4 2016 was Morgan Stanley, an estimated $255M added.
- The largest Ovintiv seller in Q4 2016 was Millennium Management, an estimated $150M sold.
Based on aggregated 13F filings for Q4 2016.