Ovintiv
328 hedge funds and large institutions have $5.81B invested in Ovintiv in 2017 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 107 increasing their positions, 116 reducing their positions, and 31 closing their positions.
88% more call options, than puts
Call options by funds: $104M | Put options by funds: $55.4M
42% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 31
4% more funds holding
Funds holding: 316 → 328 (+12)
0.4% less ownership
Funds ownership: 13.94% → 13.54% (-0.4%)
8% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 116
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
27% less capital invested
Capital invested by funds: $7.94B → $5.81B (-$2.13B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$208M |
| 2 |
EM
Elliott Management
New York
|
+$192M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$52.9M |
| 4 |
BlackRock
New York
|
+$34.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$275M |
| 2 |
PC
PointState Capital
New York
|
-$154M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$97.5M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$67.7M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$53.6M |
OVV Hedge Fund Activity: Q2 2017 in Review
328 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q2 2017, worth a combined $5.81B — down 27% from $7.94B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new OVV positions and 31 closed out — a net gain of 13 holders — while 107 added to existing stakes and 116 trimmed.
The largest buyer was Causeway Capital Management, adding an estimated $208M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $275M sold.
- 328 institutional investors held Ovintiv (OVV) as of Q2 2017, up from 316 in Q1 2017.
- Funds reported $5.81B of Ovintiv stock for Q2 2017, down 27% quarter-over-quarter.
- 44 funds opened new Ovintiv positions in Q2 2017 and 31 closed out, a net change of +13 holders.
- The largest Ovintiv buyer in Q2 2017 was Causeway Capital Management, an estimated $208M added.
- The largest Ovintiv seller in Q2 2017 was Lone Pine Capital, an estimated $275M sold.
Based on aggregated 13F filings for Q2 2017.