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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: 261 institutionsQ3 2021: 261 institutionsQ4 2021: 302 institutionsQ1 2022: 338 institutionsQ2 2022: 374 institutionsQ3 2022: 376 institutionsQ4 2022: 381 institutionsQ1 2023: 376 institutionsQ2 2023: 374 institutionsQ3 2023: 389 institutionsQ4 2023: 411 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: $17.0BQ2 2023: $16.1BQ3 2023: $20.3BQ4 2023: $16.1BQ1 2024: $19.2BQ2 2024: $18.2BQ3 2024: $14.5BQ4 2024: $13.1BQ1 2025: $12.5BQ2 2025: $12.2BQ3 2025: $16.1BQ4 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$16.1B
Q2 2025406$12.2B
Q1 2025397$12.5B
Q4 2024406$13.1B
Q3 2024424$14.5B
Q2 2024417$18.2B
Q1 2024407$19.2B
Q4 2023411$16.1B
Q3 2023389$20.3B
Q2 2023374$16.1B
Q1 2023376$17.0B
Q4 2022381$18.8B
Q3 2022376$14.7B
Q2 2022374$18.6B
Q1 2022338$15.7B
Q4 2021302$11.8B
Q3 2021261$10.0B
Q2 2021261$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
Letko, Brosseau & Associates Inc5,949,541$100.8M1.65%−55,902−0.9%Reduced
Canoe Financial LP6,068,200$102.7M1.39%+6,068,200New
Charles Schwab Investment Management Inc6,293,862$106.6M0.02%+814,586+14.9%Added
Recurrent Investment Advisors LLC6,363,516$111.1M8.21%−59,063−0.9%Reduced
Picton Mahoney Asset Management6,824,438$115.6M1.27%+434,735+6.8%Added
JPMorgan Chase & Co6,956,486$117.7M0.01%+1,292,670+22.8%Added
Connor, Clark & Lunn Investment Management Ltd.7,148,530$120.9M0.32%+2,380,625+49.9%Added
Goldman Sachs Group Inc7,695,985$130.2M0.02%−12,840,305−62.5%Reduced
Wellington Management Group LLP7,910,973$134.0M0.02%−334,150−4.1%Reduced
Canada Pension Plan Investment Board8,038,441$136.0M0.09%+3,248,829+67.8%Added
Invesco Ltd.8,250,326$139.6M0.01%−170,397−2.0%Reduced
Morgan Stanley8,578,317$145.1M0.01%+2,611,479+43.8%Added
Federation des caisses Desjardins du Quebec10,074,616$170.3M0.65%+12,710+0.1%Added
Toronto Dominion Bank10,723,476$181.4M0.32%+2,095,050+24.3%Added
Bank of America Corp10,778,127$182.4M0.01%−4,753,690−30.6%Reduced
National Bank of Canada12,925,216$218.5M0.22%+6,725,588+108.5%Added
Geode Capital Management, LLC13,274,142$226.3M0.01%+1,305,123+10.9%Added
Boston Partners13,415,262$227.8M0.24%−8,817,157−39.7%Reduced
CIBC Asset Management Inc13,634,010$231.3M0.56%+2,191,967+19.2%Added
Healthcare of Ontario Pension Plan Trust Fund15,414,179$260.8M0.44%+12,564,179+440.8%Added
Manufacturers Life Insurance Company, The15,612,441$264.7M0.22%+3,468,398+28.6%Added
CIBC World Markets Inc.16,573,368$280.4M0.50%+5,681,333+52.2%Added
Smead Capital Management, Inc.16,763,978$283.6M5.89%+374,238+2.3%Added
TD Asset Management Inc16,995,459$287.9M0.23%+595,518+3.6%Added
Massachusetts Financial Services Co17,935,599$303.5M0.10%+3,507,525+24.3%Added
Dimensional Fund Advisors LP18,018,995$304.9M0.06%+855,618+5.0%Added
Bank of Montreal23,827,472$403.1M0.16%+5,340,100+28.9%Added
Mackenzie Financial Corp28,793,011$489.9M0.58%−1,850,795−6.0%Reduced
FMR LLC33,748,919$570.9M0.03%−830,735−2.4%Reduced
FIL Ltd38,533,059$651.9M0.49%+11,019,212+40.0%Added
Royal Bank of Canada43,494,436$735.9M0.13%+4,597,447+11.8%Added
Capital International Investors50,979,140$862.5M0.14%+1,903,432+3.9%Added
Vanguard Group Inc63,525,477$1.07B0.02%+7,197,843+12.8%Added
Capital World Investors112,504,009$1.90B0.26%−43,508,576−27.9%Reduced
Capital Research Global Investors124,313,513$2.10B0.39%+17,730,542+16.6%Added
Assenagon Asset Management S.A.0$00.00%−3,409,545−100.0%Sold out
Talaria Asset Management Pty Ltd0$00.00%−2,956,200−100.0%Sold out
Waratah Capital Advisors Ltd.0$00.00%−1,678,336−100.0%Sold out
Holocene Advisors, LP0$00.00%−1,423,595−100.0%Sold out
HSBC Holdings PLC0$00.00%−502,449−100.0%Sold out
Lighthouse Investment Partners, LLC0$00.00%−484,000−100.0%Sold out
Squarepoint Ops LLC0$00.00%−196,355−100.0%Sold out
Trexquant Investment LP0$00.00%−149,200−100.0%Sold out
Interval Partners, LP0$00.00%−115,045−100.0%Sold out
Miller Howard Investments Inc0$00.00%−98,918−100.0%Sold out
Blackstone Group Inc.0$00.00%−52,583−100.0%Sold out
NJ State Employees Deferred Compensation Plan0$00.00%−52,000−100.0%Sold out
Asahi Life Asset Management Co., Ltd.0$00.00%−22,432−100.0%Sold out
Colony Group, LLC0$00.00%−11,832−100.0%Sold out
Ritter Alpha, LP0$00.00%−10,952−100.0%Sold out
Net Worth Advisory Group0$00.00%−10,809−100.0%Sold out
Fiducient Advisors LLC0$00.00%−10,000−100.0%Sold out
Advisory Services Network, LLC0$00.00%−2,930−100.0%Sold out
Manchester Capital Management LLC0$00.00%−2,000−100.0%Sold out
Optiver Holding B.V.0$00.00%−522−100.0%Sold out
CoreFirst Bank & Trust0$00.00%−300−100.0%Sold out
Wealthspire Advisors, LLC0$00.00%−287−100.0%Sold out
GPS Wealth Strategies Group, LLC0$00.00%−239−100.0%Sold out
Hopwood Financial Services, Inc.0$00.00%−202−100.0%Sold out
Orion Capital Management LLC0$00.00%−102−100.0%Sold out
Nalls Sherbakoff Group, LLC0$00.00%−100−100.0%Sold out
Logan Capital Management Inc0$00.00%−43−100.0%Sold out
Bear Mountain Capital, Inc.0$00.00%−18−100.0%Sold out
Strategic Investment Solutions, Inc.0$00.00%−1−100.0%Sold out
Point72 Europe (London) LLP––––Not filed
AXA Investment Managers S.A.––––Not filed
Wetherby Asset Management Inc––––Not filed
Wolverine Trading, LLC––––Not filed
Jarislowsky, Fraser Ltd––––Not filed
Point72 Asia (Singapore) Pte. Ltd.––––Not filed
Shell Asset Management Co––––Not filed
Point72 (DIFC) Ltd––––Not filed
Abich Financial Wealth Management LLC––––Not filed
AllSquare Wealth Management LLC––––Not filed
FSA Wealth Management LLC––––Not filed