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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.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+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: 317299 (-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

Holders
299
Holders Change
-18
Holders Change %
-5.68%
% of All Funds
7.97%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.13%
New
57
Increased
78
Reduced
108
Closed
71
Calls
$22M
Puts
$12.7M
Net Calls
+$9.33M
Net Calls Change
+$2.05M
Name Holding Trade Value Shares
Change
Change in
Stake
Viking Global Investors
1
Viking Global Investors
Connecticut
$491M +$353M +15,316,911 +1,915%
DSA
2
Davis Selected Advisers
Arizona
$451M +$17.9M +777,008 +6%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$207M -$201M -8,746,715 -56%
BA
4
BlackRock Advisors
Delaware
$203M +$153M +6,665,644 New
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$118M -$95.9M -4,164,706 -52%
LBA
6
Letko, Brosseau & Associates
Quebec, Canada
$108M +$488K +21,205 +0.6%
Vanguard Group
7
Vanguard Group
Pennsylvania
$98.2M +$11.9M +518,138 +19%
Invesco
8
Invesco
Georgia
$85.1M +$12.6M +546,836 +24%
BG
9
BlackRock Group
United Kingdom
$80.1M +$59.7M +2,595,707 +7,634%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$78.1M +$2.07M +90,017 +4%
CIBC World Market
11
CIBC World Market
Ontario, Canada
$74.9M -$337K -14,626 -0.6%
Morgan Stanley
12
Morgan Stanley
New York
$66.2M +$36.5M +1,586,037 +269%
CIBC Asset Management
13
CIBC Asset Management
Ontario, Canada
$52M -$917K -39,849 -2%
OTPPB
14
Ontario Teachers' Pension Plan Board
Ontario, Canada
$51.2M +$6.79M +295,133 +21%
Toronto Dominion Bank
15
Toronto Dominion Bank
Ontario, Canada
$48.8M -$27M -1,173,103 -42%
TD Asset Management
16
TD Asset Management
Ontario, Canada
$47.5M -$7.65M -332,307 -18%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$41.1M +$7.93M +344,441 +35%
Norges Bank
18
Norges Bank
Norway
$40M -$304K -13,194 -1%
Wellington Management Group
19
Wellington Management Group
Massachusetts
$38.5M -$5.66M -246,039 -16%
Wells Fargo
20
Wells Fargo
California
$37.7M +$19.9M +863,128 +230%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$36.8M -$7.45M -323,611 -21%
SCM
22
Steadfast Capital Management
New York
$31.4M +$23.7M +1,031,515 New
Alyeska Investment Group
23
Alyeska Investment Group
Illinois
$30.9M -$17.9M -777,558 -43%
TAM
24
Taylor Asset Management
Ontario, Canada
$30.4M +$1.22M +53,100 +6%
Legal & General Group
25
Legal & General Group
United Kingdom
$29.3M +$3.8M +165,111 +21%

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.