Ovintiv
337 hedge funds and large institutions have $7.93B invested in Ovintiv in 2013 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 123 increasing their positions, 114 reducing their positions, and 35 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
14% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 35
5% more capital invested
Capital invested by funds: $7.54B → $7.93B (+$386M)
10% more call options, than puts
Call options by funds: $154M | Put options by funds: $140M
8% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 114
0.42% more ownership
Funds ownership: 12.02% → 12.45% (+0.42%)
0% more funds holding
Funds holding: 336 → 337 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$126M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$97.6M |
| 3 |
Goldman Sachs
New York
|
+$69.5M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$66.3M |
| 5 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$56.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$170M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$99.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$87.1M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$33.4M |
| 5 |
TCM
Tetrem Capital Management
Winnipeg,
Manitoba, Canada
|
-$26.9M |
OVV Hedge Fund Activity: Q3 2013 in Review
337 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q3 2013, worth a combined $7.93B — up 5.1% from $7.54B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new OVV positions and 35 closed out — a net gain of 5 holders — while 123 added to existing stakes and 114 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $126M. The largest seller was Wellington Management Group, cutting an estimated $170M.
- 337 institutional investors held Ovintiv (OVV) as of Q3 2013, up from 336 in Q2 2013.
- Funds reported $7.93B of Ovintiv stock for Q3 2013, up 5.1% quarter-over-quarter.
- 40 funds opened new Ovintiv positions in Q3 2013 and 35 closed out, a net change of +5 holders.
- The largest Ovintiv buyer in Q3 2013 was Mackenzie Financial, an estimated $126M added.
- The largest Ovintiv seller in Q3 2013 was Wellington Management Group, an estimated $170M sold.
Based on aggregated 13F filings for Q3 2013.