Ovintiv
363 hedge funds and large institutions have $9.19B invested in Ovintiv in 2014 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 119 increasing their positions, 154 reducing their positions, and 51 closing their positions.
116% more call options, than puts
Call options by funds: $273M | Put options by funds: $126M
0.21% more ownership
Funds ownership: 11.44% → 11.65% (+0.21%)
7% less funds holding
Funds holding: 389 → 363 (-26)
9% less capital invested
Capital invested by funds: $10.1B → $9.19B (-$880M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
23% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 154
41% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$416M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$116M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$74.1M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$59.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$45.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$128M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$106M |
| 3 |
TAM
Third Avenue Management
New York
|
-$64.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$60.6M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$50.1M |
OVV Hedge Fund Activity: Q3 2014 in Review
363 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q3 2014, worth a combined $9.19B — down 8.7% from $10.1B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of OVV and 30 opened new positions — a net loss of 21 holders — while 154 trimmed existing stakes and 119 added.
The largest buyer was Davis Selected Advisers, opening a new position worth an estimated $416M. The largest seller was Norges Bank, cutting an estimated $128M.
- 363 institutional investors held Ovintiv (OVV) as of Q3 2014, down from 389 in Q2 2014.
- Funds reported $9.19B of Ovintiv stock for Q3 2014, down 8.7% quarter-over-quarter.
- 30 funds opened new Ovintiv positions in Q3 2014 and 51 closed out, a net change of -21 holders.
- The largest Ovintiv buyer in Q3 2014 was Davis Selected Advisers, an estimated $416M added.
- The largest Ovintiv seller in Q3 2014 was Norges Bank, an estimated $128M sold.
Based on aggregated 13F filings for Q3 2014.