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Cenovus Energy Inc.

CVE
Exchange
NYSE
Industry
Crude Petroleum & Natural Gas
SEC CIK
0001475260

No open-market purchases or sales by Cenovus Energy Inc. insiders were filed in the last 90 days; 493 institutions reported holding it in 13F filings for Q2 2026, worth $23.3B in total; Maverick Capital is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Cenovus Energy Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
435
+64 vs. Q3 2025
Shares held
984.0M
+37.7M (+4.0%) vs. Q3 2025
Total value
$16.7B
+$560.2M (+3.5%) vs. Q3 2025
New holders
93
173 more added
Sold out
29
103 more reduced

11 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CVE on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 435 institutions
Q1 2021: 240 institutionsQ2 2021: 262 institutionsQ3 2021: 261 institutionsQ4 2021: 302 institutionsQ1 2022: 338 institutionsQ2 2022: 374 institutionsQ3 2022: 377 institutionsQ4 2022: 381 institutionsQ1 2023: 376 institutionsQ2 2023: 374 institutionsQ3 2023: 389 institutionsQ4 2023: 412 institutionsQ1 2024: 407 institutionsQ2 2024: 417 institutionsQ3 2024: 424 institutionsQ4 2024: 406 institutionsQ1 2025: 397 institutionsQ2 2025: 406 institutionsQ3 2025: 382 institutionsQ4 2025: 435 institutionsQ1 2026: 462 institutionsQ2 2026: 493 institutions
Value heldQ4 2025: $16.7B
Q1 2021: $7.74BQ2 2021: $9.55BQ3 2021: $10.0BQ4 2021: $11.8BQ1 2022: $15.7BQ2 2022: $18.6BQ3 2022: $14.7BQ4 2022: $18.8BQ1 2023: $18.6BQ2 2023: $16.2BQ3 2023: $20.4BQ4 2023: $16.4BQ1 2024: $19.6BQ2 2024: $18.3BQ3 2024: $14.7BQ4 2024: $13.6BQ1 2025: $12.5BQ2 2025: $12.7BQ3 2025: $16.2BQ4 2025: $16.7BQ1 2026: $25.8BQ2 2026: $23.3B
Institutions holding CVE and their total value by quarter
QuarterHoldersValue
Q2 2026493$23.3B
Q1 2026462$25.8B
Q4 2025435$16.7B
Q3 2025382$16.2B
Q2 2025406$12.7B
Q1 2025397$12.5B
Q4 2024406$13.6B
Q3 2024424$14.7B
Q2 2024417$18.3B
Q1 2024407$19.6B
Q4 2023412$16.4B
Q3 2023389$20.4B
Q2 2023374$16.2B
Q1 2023376$18.6B
Q4 2022381$18.8B
Q3 2022377$14.7B
Q2 2022374$18.6B
Q1 2022338$15.7B
Q4 2021302$11.8B
Q3 2021261$10.0B
Q2 2021262$9.55B
Q1 2021240$7.74B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Cenovus Energy Inc.; share changes are against Q3 2025.

Institutions holding CVE in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Capital Research Global Investors124,313,513$2.10B0.39%+17,730,542+16.6%Added
Capital World Investors112,504,009$1.90B0.26%−43,508,576−27.9%Reduced
Vanguard Group Inc63,525,477$1.07B0.02%+7,197,843+12.8%Added
Capital International Investors50,979,140$862.5M0.14%+1,903,432+3.9%Added
Royal Bank of Canada43,494,436$735.9M0.13%+4,597,447+11.8%Added
FIL Ltd38,533,059$651.9M0.49%+11,019,212+40.0%Added
FMR LLC33,748,919$570.9M0.03%−830,735−2.4%Reduced
Mackenzie Financial Corp28,793,011$489.9M0.58%−1,850,795−6.0%Reduced
Bank of Montreal23,827,472$403.1M0.16%+5,340,100+28.9%Added
Dimensional Fund Advisors LP18,018,995$304.9M0.06%+855,618+5.0%Added
Massachusetts Financial Services Co17,935,599$303.5M0.10%+3,507,525+24.3%Added
TD Asset Management Inc16,995,459$287.9M0.23%+595,518+3.6%Added
Smead Capital Management, Inc.16,763,978$283.6M5.89%+374,238+2.3%Added
CIBC World Markets Inc.16,573,368$280.4M0.50%+5,681,333+52.2%Added
Manufacturers Life Insurance Company, The15,612,441$264.7M0.22%+3,468,398+28.6%Added
Healthcare of Ontario Pension Plan Trust Fund15,414,179$260.8M0.44%+12,564,179+440.8%Added
CIBC Asset Management Inc13,634,010$231.3M0.56%+2,191,967+19.2%Added
Boston Partners13,415,262$227.8M0.24%−8,817,157−39.7%Reduced
Geode Capital Management, LLC13,274,142$226.3M0.01%+1,305,123+10.9%Added
National Bank of Canada12,925,216$218.5M0.22%+6,725,588+108.5%Added
Bank of America Corp10,778,127$182.4M0.01%−4,753,690−30.6%Reduced
Toronto Dominion Bank10,723,476$181.4M0.32%+2,095,050+24.3%Added
Federation des caisses Desjardins du Quebec10,074,616$170.3M0.65%+12,710+0.1%Added
Morgan Stanley8,578,317$145.1M0.01%+2,611,479+43.8%Added
Invesco Ltd.8,250,326$139.6M0.01%−170,397−2.0%Reduced
Canada Pension Plan Investment Board8,038,441$136.0M0.09%+3,248,829+67.8%Added
Wellington Management Group LLP7,910,973$134.0M0.02%−334,150−4.1%Reduced
Goldman Sachs Group Inc7,695,985$130.2M0.02%−12,840,305−62.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.7,148,530$120.9M0.32%+2,380,625+49.9%Added
JPMorgan Chase & Co6,956,486$117.7M0.01%+1,292,670+22.8%Added
Picton Mahoney Asset Management6,824,438$115.6M1.27%+434,735+6.8%Added
Recurrent Investment Advisors LLC6,363,516$111.1M8.21%−59,063−0.9%Reduced
Charles Schwab Investment Management Inc6,293,862$106.6M0.02%+814,586+14.9%Added
Canoe Financial LP6,068,200$102.7M1.39%+6,068,200New
Letko, Brosseau & Associates Inc5,949,541$100.8M1.65%−55,902−0.9%Reduced
L1 Capital Pty Ltd5,655,769$95.7M4.99%−861,710−13.2%Reduced
Alberta Investment Management Corp5,518,825$93.4M0.56%+106,225+2.0%Added
Adage Capital Partners GP, L.L.C.5,368,262$90.8M0.14%+875,000+19.5%Added
Amundi5,294,305$89.6M0.02%+290,312+5.8%Added
Renaissance Technologies LLC5,272,694$89.2M0.14%−224,493−4.1%Reduced
Legal & General Group Plc5,198,130$88.1M0.02%−282,541−5.2%Reduced
Bank of Nova Scotia4,991,723$84.4M0.13%+1,039,035+26.3%Added
Franklin Resources Inc4,917,368$83.2M0.02%+115,542+2.4%Added
Capital International Inc4,525,223$76.6M0.60%+943,390+26.3%Added
Ninepoint Partners LP4,500,000$76.1M9.04%+960,000+27.1%Added
TD Waterhouse Canada Inc.4,383,603$74.1M0.46%+570,610+15.0%Added
Yaupon Capital Management LP4,346,820$73.5M3.61%+1,105,961+34.1%Added
Alyeska Investment Group, L.P.4,073,270$68.9M0.19%+2,586,281+173.9%Added
British Columbia Investment Management Corp3,876,731$65.6M0.35%+1,053,132+37.3%Added
AQR Capital Management LLC3,804,849$64.4M0.03%+3,728,235+4,866.3%Added
Swiss National Bank3,761,635$63.8M0.04%−142,600−3.7%Reduced
Clearbridge Investments, LLC3,456,694$58.5M0.05%+793,761+29.8%Added
Aegis Financial Corp3,454,121$58.4M13.94%+2,533,621+275.2%Added
Scheer, Rowlett & Associates Investment Management Ltd.3,448,636$58.3M4.00%−493,216−12.5%Reduced
Intact Investment Management Inc.3,366,588$57.0M1.64%−289,290−7.9%Reduced
M&G Plc3,345,588$56.1M0.29%−341,924−9.3%Reduced
Deutsche Bank AG3,312,789$56.1M0.02%−234,539−6.6%Reduced
American Century Companies Inc3,197,195$54.1M0.03%+2,214,568+225.4%Added
Point72 Asset Management, L.P.3,127,032$52.9M0.08%−640,561−17.0%Reduced
BlackRock, Inc.2,777,768$47.0M0.00%+50,453+1.8%Added
UBS Group AG2,552,055$43.2M0.01%−1,617,686−38.8%Reduced
Verbena Value LP2,412,600$40.8M7.03%+2,412,600New
MUFG Securities (Canada), Ltd.2,094,102$35.4M0.99%+10,715+0.5%Added
Merewether Investment Management, LP2,076,591$35.1M0.81%−5,061,631−70.9%Reduced
Millennium Management LLC2,076,407$35.1M0.03%−743,308−26.4%Reduced
Allianz Asset Management GmbH1,748,824$29.6M0.03%+1,354,237+343.2%Added
Balyasny Asset Management LLC1,571,629$26.6M0.05%−1,007,843−39.1%Reduced
D. E. Shaw & Co., Inc.1,502,453$25.4M0.02%−2,111,037−58.4%Reduced
Nuveen, LLC1,477,574$25.0M0.01%+44,330+3.1%Added
Capital International Sarl1,395,055$23.6M0.38%−23,542−1.7%Reduced
Bank of New York Mellon Corp1,385,379$23.4M0.00%+190,151+15.9%Added
Greenfield Seitz Capital Management, LLC1,322,329$22.4M7.34%−17,625−1.3%Reduced
Korea Investment CORP1,275,948$21.6M0.04%+181,543+16.6%Added
Jane Street Group, LLC1,267,975$21.5M0.03%+725,100+133.6%Added
Northern Trust Corp1,218,299$20.6M0.00%+11,376+0.9%Added
Russell Investments Group, Ltd.1,204,420$20.4M0.02%+509,709+73.4%Added
Life Cycle Investment Partners Ltd866,482$20.1M0.14%+866,482New
Hillsdale Investment Management Inc.1,145,115$19.4M0.54%+586,515+105.0%Added
Scotia Capital Inc.1,111,056$18.8M0.08%+173,495+18.5%Added
Condire Management, LP1,100,000$18.6M1.94%00.0%Unchanged
Incision Capital Management LP1,100,000$18.6M16.89%+1,100,000New
Quadrature Capital Ltd1,026,500$17.4M0.18%+1,026,500New
DekaBank Deutsche Girozentrale678,918$15.9M0.03%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)928,129$15.7M0.03%+102,918+12.5%Added
Hosking Partners LLP929,155$15.7M0.53%+929,155New
O'Shaughnessy Asset Management, LLC916,749$15.5M0.09%+143,159+18.5%Added
Addenda Capital Inc.656,064$15.2M0.45%−9,010−1.4%Reduced
State of Tennessee, Treasury Department744,861$14.8M0.05%+29,892+4.2%Added
Qube Research & Technologies Ltd817,084$13.8M0.02%+681,494+502.6%Added
U.S. Capital Wealth Advisors, LLC770,337$13.0M0.34%+5,147+0.7%Added
Capital International Ltd729,348$12.3M0.43%−16,721−2.2%Reduced
State of Wisconsin Investment Board665,750$11.3M0.03%+665,750New
Pacer Advisors, Inc.658,116$11.1M0.03%−156,880−19.2%Reduced
Verition Fund Management LLC636,137$10.8M0.06%−641,238−50.2%Reduced
Polar Capital Holdings Plc702,794$10.6M0.05%−391,465−35.8%Reduced
Citigroup Inc623,452$10.6M0.01%−12,903−2.0%Reduced
Envestnet Asset Management Inc601,768$10.2M0.00%−294,732−32.9%Reduced
Turas Capital Management LP589,869$9.98M3.35%+589,869New
Northwestern Mutual Wealth Management Co588,486$9.96M0.01%+571,386+3,341.4%Added
Corigliano Investment Advisers, LLC545,000$9.22M3.28%−515,000−48.6%Reduced