Ovintiv
299 hedge funds and large institutions have $3.3B invested in Ovintiv in 2016 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 78 increasing their positions, 108 reducing their positions, and 71 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
74% more call options, than puts
Call options by funds: $22M | Put options by funds: $12.7M
20% more capital invested
Capital invested by funds: $2.75B → $3.3B (+$549M)
0.2% less ownership
Funds ownership: 12.91% → 12.71% (-0.2%)
6% less funds holding
Funds holding: 317 → 299 (-18)
20% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 71
28% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$353M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$153M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$59.7M |
| 4 |
Morgan Stanley
New York
|
+$36.5M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$201M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$101M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$95.9M |
| 4 |
Millennium Management
New York
|
-$81.8M |
| 5 |
Citigroup
New York
|
-$48.9M |
OVV Hedge Fund Activity: Q1 2016 in Review
299 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q1 2016, worth a combined $3.3B — up 20% from $2.75B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of OVV and 57 opened new positions — a net loss of 14 holders — while 108 trimmed existing stakes and 78 added.
The largest buyer was Viking Global Investors, adding an estimated $353M. The largest seller was Fidelity Investments, cutting an estimated $201M.
- 299 institutional investors held Ovintiv (OVV) as of Q1 2016, down from 317 in Q4 2015.
- Funds reported $3.3B of Ovintiv stock for Q1 2016, up 20% quarter-over-quarter.
- 57 funds opened new Ovintiv positions in Q1 2016 and 71 closed out, a net change of -14 holders.
- The largest Ovintiv buyer in Q1 2016 was Viking Global Investors, an estimated $353M added.
- The largest Ovintiv seller in Q1 2016 was Fidelity Investments, an estimated $201M sold.
Based on aggregated 13F filings for Q1 2016.