Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CVE held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Capital Research Global Investors | 105.2M | $2.79B | -15.3% | 5.588% | 0.43% |
| 2 | Capital World Investors | 75.9M | $2.02B | -32.5% | 4.031% | 0.27% |
| 3 | Capital International Investors | 47.7M | $1.26B | -6.5% | 2.530% | 0.30% |
| 4 | FIL Ltd | 42.8M | $1.13B | +11.0% | 2.270% | 0.88% |
| 5 | ROYAL BANK OF CANADA | 41.3M | $1.10B | -14.2% | 2.193% | 0.19% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 38.4M | $1.02B | β | 2.040% | 0.03% |
| 7 | FMR LLC | 29.3M | $777.1M | -13.3% | 1.555% | 0.04% |
| 8 | GQG Partners LLC | 26.8M | $708.3M | β | 1.422% | 1.12% |
| 9 | MACKENZIE FINANCIAL CORP | 25.5M | $676.1M | -11.5% | 1.353% | 0.81% |
| 10 | BANK OF MONTREAL /CAN/ | 24.0M | $636.2M | -0.1% | 1.273% | 0.24% |
| 11 | BANK OF AMERICA CORP /DE/ | 22.8M | $604.1M | +111.3% | 1.209% | 0.04% |
| 12 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 17.4M | $508.3M | -3.0% | 0.923% | 0.17% |
| 13 | DIMENSIONAL FUND ADVISORS LP | 18.0M | $477.9M | -0.0% | 0.957% | 0.10% |
| 14 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 17.7M | $470.1M | +13.6% | 0.941% | 0.40% |
| 15 | TD ASSET MANAGEMENT INC | 17.2M | $454.5M | +1.1% | 0.912% | 0.37% |
| 16 | Boston Partners | 16.9M | $448.3M | +25.8% | 0.896% | 0.47% |
| 17 | CIBC Asset Management Inc | 16.6M | $441.2M | +22.0% | 0.883% | 1.08% |
| 18 | GOLDMAN SACHS GROUP INC | 16.6M | $440.0M | +95.5% | 0.881% | 0.05% |
| 19 | Smead Capital Management, Inc. | 14.9M | $394.5M | -11.3% | 0.789% | 8.58% |
| 20 | GEODE CAPITAL MANAGEMENT, LLC | 13.7M | $368.1M | +3.4% | 0.729% | 0.02% |
| 21 | CIBC World Markets Inc. | 12.8M | $340.4M | -23.9% | 0.681% | 0.56% |
| 22 | VANGUARD FIDUCIARY TRUST CO | 11.9M | $315.7M | β | 0.632% | 0.08% |
| 23 | Invesco Ltd. | 10.9M | $289.0M | +32.0% | 0.578% | 0.04% |
| 24 | Vanguard Global Advisers, LLC | 9.6M | $255.8M | β | 0.512% | 0.14% |
| 25 | TD Waterhouse Canada Inc. | 9.7M | $248.6M | +121.5% | 0.515% | 0.74% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in CVE β a direct measure of their conviction.
Filings activity in CVE during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new CVE position in Q1 2026
Institutions that fully closed their CVE position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 449 | +7.2% | 46.89% | +15.06 pp | $24.97B | +47% |
| Q4 2025 | 419 | +14% | 31.83% | +1.20 pp | $16.95B | +3.9% |
| Q3 2025 | 369 | 6.8% | 30.63% | +3.36 pp | $16.31B | +12% |
| Q2 2025 | 396 | +4.5% | 27.27% | +4.32 pp | $14.52B | +19% |
| Q1 2025 | 379 | 1.6% | 22.95% | 0.92 pp | $12.22B | 3.9% |
| Q4 2024 | 385 | 5.6% | 23.87% | 10.16 pp | $12.71B | 30% |
| Q3 2024 | 408 | +2.3% | 34.03% | 47.28 pp | $18.12B | 58% |
| Q2 2024 | 399 | β | 81.31% | β | $43.29B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CVE stock.
Based on Q1 2026 13F filings, institutional ownership of Cenovus Energy Inc. stands at 46.9%, held across 449 reporting institutions.
Capital Research Global Investors is the largest reported institutional holder of CVE, with approximately 105,245,545 shares worth $2.79B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of CVE.
Our composite Smart Money Score for CVE is 54 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
100 institutions opened new positions in CVE during Q1 2026, while 70 fully exited. 307 added to existing positions and 38 trimmed.
CVE institutional ownership rose by 15.06 percentage points quarter-over-quarter, with a net change of +30 holders.
The top 10 institutions account for 48.5% of all reported 13F value in CVE, and the top 25 account for 72.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Cenovus Energy Inc. (CVE) Institutional Ownership