Ovintiv
375 hedge funds and large institutions have $7.19B invested in Ovintiv in 2018 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 131 increasing their positions, 111 reducing their positions, and 38 closing their positions.
84% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 38
18% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 111
8% more funds holding
Funds holding: 346 → 375 (+29)
6% more call options, than puts
Call options by funds: $54.2M | Put options by funds: $51.1M
0.29% less ownership
Funds ownership: 13.72% → 13.43% (-0.29%)
20% less capital invested
Capital invested by funds: $8.93B → $7.19B (-$1.74B)
40% less funds holding in top 10
Funds holding in top 10: 15 → 9 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$69.4M |
| 2 |
ClearBridge Investments
New York
|
+$53.7M |
| 3 |
Goldman Sachs
New York
|
+$52.7M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$52.5M |
| 5 |
D.E. Shaw & Co
New York
|
+$51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$172M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$149M |
| 3 |
Morgan Stanley
New York
|
-$94.8M |
| 4 |
TP
Thunderbird Partners
London,
United Kingdom
|
-$83.3M |
| 5 |
GAM
Goldentree Asset Management
New York
|
-$75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
401
Evercore Wealth Management
New York
| – | -$67K | -1,000 | Closed |
|
|
QI
402
QS Investors
New York
| – | -$18K | -269 | Closed |
|
|
BL
403
Balentine LLC
Atlanta,
Georgia
| – | -$9K | -131 | Closed |
|
|
KJWM
404
Kiley Juergens Wealth Management
Olympia,
Washington
| – | -$7K | -116 | Closed |
|
|
WA
405
Waverly Advisors
Birmingham,
Alabama
| – | -$7K | -111 | Closed |
|
|
SM
406
SG3 Management
Dorado,
Puerto Rico
| – | -$5K | -80 | Closed |
|
|
TA
407
Teachers Advisors
New York
| – | -$4K | -53 | Closed |
|
|
RPC
408
Rossmore Private Capital
Glastonbury,
Connecticut
| – | -$3.2K | -48 | Closed |
|
|
WA
409
Winfield Associates
Cleveland,
Ohio
| – | -$4K | -48 | Closed |
|
410
AssetMark Inc
Concord,
California
| – | -$1K | -17 | Closed |
|
OVV Hedge Fund Activity: Q1 2018 in Review
375 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q1 2018, worth a combined $7.19B — down 20% from $8.93B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new OVV positions and 38 closed out — a net gain of 32 holders — while 131 added to existing stakes and 111 trimmed.
The largest buyer was Millennium Management, adding an estimated $69.4M. The largest seller was PointState Capital, cutting an estimated $172M.
- 375 institutional investors held Ovintiv (OVV) as of Q1 2018, up from 346 in Q4 2017.
- Funds reported $7.19B of Ovintiv stock for Q1 2018, down 20% quarter-over-quarter.
- 70 funds opened new Ovintiv positions in Q1 2018 and 38 closed out, a net change of +32 holders.
- The largest Ovintiv buyer in Q1 2018 was Millennium Management, an estimated $69.4M added.
- The largest Ovintiv seller in Q1 2018 was PointState Capital, an estimated $172M sold.
Based on aggregated 13F filings for Q1 2018.