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Ovintiv

317 hedge funds and large institutions have $2.75B invested in Ovintiv in 2015 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 94 increasing their positions, 120 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more call options, than puts

Call options by funds: $38.1M | Put options by funds: $30.8M

7% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 45

0.09% more ownership

Funds ownership: 12.82%12.91% (+0.09%)

1% less funds holding

Funds holding: 319317 (-2)

21% less capital invested

Capital invested by funds: $3.47B → $2.75B (-$727M)

22% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 120

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
317
Holders Change
-2
Holders Change %
-0.63%
% of All Funds
8.32%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
48
Increased
94
Reduced
120
Closed
45
Calls
$38.1M
Puts
$30.8M
Net Calls
+$7.28M
Net Calls Change
+$2.29M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$394M +$166M +4,549,547 +41%
DSA
2
Davis Selected Advisers
Arizona
$357M +$6.93M +189,486 +1%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$205M -$32.8M -896,325 -10%
Caisse de Depot et Placement du Quebec (CDPQ)
4
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$101M -$61M -1,669,149 -29%
Millennium Management
5
Millennium Management
New York
$99.2M -$27.6M -755,992 -16%
LBA
6
Letko, Brosseau & Associates
Quebec, Canada
$89.5M +$3.46M +94,552 +3%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$70.4M +$1.71M +46,818 +2%
Vanguard Group
8
Vanguard Group
Pennsylvania
$68.9M +$4.77M +130,466 +5%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$63M -$19.1M -522,703 -17%
CIBC World Market
10
CIBC World Market
Ontario, Canada
$62.9M -$1.43M -39,117 -2%
Invesco
11
Invesco
Georgia
$57.2M -$10.5M -287,377 -11%
Citigroup
12
Citigroup
New York
$56.1M -$2.16M -59,080 -3%
TD Asset Management
13
TD Asset Management
Ontario, Canada
$47.6M -$17.3M -473,181 -20%
Alyeska Investment Group
14
Alyeska Investment Group
Illinois
$45.6M +$34.5M +943,405 +111%
CIBC Asset Management
15
CIBC Asset Management
Ontario, Canada
$44.3M -$4.26M -116,588 -6%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$39M +$799K +21,855 +1%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$38.3M -$3.61M -98,686 -6%
CS
18
Credit Suisse
Switzerland
$36.3M +$35.5M +970,070 +212%
ECA
19
Encompass Capital Advisors
New York
$35.5M +$12.6M +345,433 +33%
OTPPB
20
Ontario Teachers' Pension Plan Board
Ontario, Canada
$34.9M -$1.89M -51,563 -4%
IGIM
21
I.G. Investment Management
Manitoba, Canada
$34.5M -$24.2M -660,569 -33%
Norges Bank
22
Norges Bank
Norway
$33.4M -$6.79M -185,783 -12%
Deutsche Bank
23
Deutsche Bank
Germany
$32.7M +$34.5M +943,215 +275%
Mackenzie Financial
24
Mackenzie Financial
Ontario, Canada
$26.5M +$563K +15,404 +1%
Lazard Asset Management
25
Lazard Asset Management
New York
$26M +$6.79M +185,815 +22%

OVV Hedge Fund Activity: Q4 2015 in Review

317 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Ovintiv (OVV) for Q4 2015, worth a combined $2.75B — down 21% from $3.47B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new OVV positions and 45 closed out — a net gain of 3 holders — while 94 added to existing stakes and 120 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $166M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $61M.

  • 317 institutional investors held Ovintiv (OVV) as of Q4 2015, down from 319 in Q3 2015.
  • Funds reported $2.75B of Ovintiv stock for Q4 2015, down 21% quarter-over-quarter.
  • 48 funds opened new Ovintiv positions in Q4 2015 and 45 closed out, a net change of +3 holders.
  • The largest Ovintiv buyer in Q4 2015 was Fidelity Investments, an estimated $166M added.
  • The largest Ovintiv seller in Q4 2015 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $61M sold.

Based on aggregated 13F filings for Q4 2015.