Ovintiv
420 hedge funds and large institutions have $4.46B invested in Ovintiv in 2019 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 119 increasing their positions, 172 reducing their positions, and 94 closing their positions.
95% more call options, than puts
Call options by funds: $90.3M | Put options by funds: $46.3M
1.07% more ownership
Funds ownership: 13.34% → 14.41% (+1.1%)
7% less capital invested
Capital invested by funds: $4.8B → $4.46B (-$336M)
9% less funds holding
Funds holding: 462 → 420 (-42)
31% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 172
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
43% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$450M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$73.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$59.9M |
| 4 |
Renaissance Technologies
New York
|
+$27.9M |
| 5 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$118M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$36.7M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$33.1M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$31.7M |
| 5 |
ClearBridge Investments
New York
|
-$30.2M |
OVV Hedge Fund Activity: Q3 2019 in Review
420 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q3 2019, worth a combined $4.46B — down 7% from $4.8B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of OVV and 54 opened new positions — a net loss of 40 holders — while 172 trimmed existing stakes and 119 added.
The largest buyer was Dodge & Cox, opening a new position worth an estimated $450M. The largest seller was Point72 Asset Management, cutting an estimated $118M.
- 420 institutional investors held Ovintiv (OVV) as of Q3 2019, down from 462 in Q2 2019.
- Funds reported $4.46B of Ovintiv stock for Q3 2019, down 7% quarter-over-quarter.
- 54 funds opened new Ovintiv positions in Q3 2019 and 94 closed out, a net change of -40 holders.
- The largest Ovintiv buyer in Q3 2019 was Dodge & Cox, an estimated $450M added.
- The largest Ovintiv seller in Q3 2019 was Point72 Asset Management, an estimated $118M sold.
Based on aggregated 13F filings for Q3 2019.