Ranked by reported Q2 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 World Investors | 73.8M | $1.83B | -2.8% | 4.004% | 0.22% |
| 2 | Capital Research Global Investors | 59.8M | $1.48B | -43.2% | 3.241% | 0.21% |
| 3 | Capital International Investors | 46.9M | $1.16B | -1.7% | 2.541% | 0.24% |
| 4 | ROYAL BANK OF CANADA | 46.3M | $1.15B | +12.1% | 2.511% | 0.17% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 38.4M | $952.7M | -0.0% | 2.082% | 0.02% |
| 6 | FIL Ltd | 37.4M | $927.5M | -12.6% | 2.027% | 0.67% |
| 7 | BANK OF MONTREAL /CAN/ | 34.8M | $863.3M | +45.3% | 1.888% | 0.28% |
| 8 | MACKENZIE FINANCIAL CORP | 21.3M | $747.8M | -16.6% | 1.152% | 0.75% |
| 9 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 16.1M | $650.5M | -7.3% | 0.874% | 0.21% |
| 10 | FMR LLC | 23.9M | $594.2M | -18.2% | 1.298% | 0.03% |
| 11 | GOLDMAN SACHS GROUP INC | 21.4M | $531.4M | +29.1% | 1.161% | 0.05% |
| 12 | Boston Partners | 17.7M | $443.0M | +5.0% | 0.961% | 0.39% |
| 13 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 17.1M | $423.9M | -3.5% | 0.928% | 0.17% |
| 14 | DIMENSIONAL FUND ADVISORS LP | 17.0M | $422.7M | -5.4% | 0.924% | 0.08% |
| 15 | GQG Partners LLC | 16.6M | $411.6M | -38.0% | 0.900% | 0.77% |
| 16 | CIBC Asset Management Inc | 15.3M | $379.2M | -8.2% | 0.828% | 0.83% |
| 17 | BANK OF AMERICA CORP /DE/ | 14.9M | $369.7M | -34.6% | 0.808% | 0.02% |
| 18 | GEODE CAPITAL MANAGEMENT, LLC | 14.4M | $361.8M | +4.9% | 0.781% | 0.02% |
| 19 | Connor, Clark & Lunn Investment Management Ltd. | 14.3M | $355.8M | +61.7% | 0.774% | 0.67% |
| 20 | TD ASSET MANAGEMENT INC | 14.2M | $351.7M | -17.4% | 0.769% | 0.30% |
| 21 | Smead Capital Management, Inc. | 13.4M | $331.4M | -10.1% | 0.725% | 7.11% |
| 22 | VANGUARD FIDUCIARY TRUST CO | 11.8M | $293.3M | -0.6% | 0.641% | 0.06% |
| 23 | CIBC WORLD MARKET INC. | 11.3M | $281.4M | -11.6% | 0.615% | 0.45% |
| 24 | CANADA PENSION PLAN INVESTMENT BOARD | 10.6M | $261.8M | +417.4% | 0.573% | 0.14% |
| 25 | Vanguard Global Advisers, LLC | 10.4M | $258.5M | +8.1% | 0.565% | 0.12% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in CVE — a direct measure of their conviction.
Filings activity in CVE during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new CVE position in Q2 2026
Institutions that fully closed their CVE position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 492 | +7.0% | 50.91% | 2.37 pp | $22.97B | 9.7% |
| Q1 2026 | 460 | +7.7% | 53.28% | 1.37 pp | $25.44B | +49% |
| Q4 2025 | 427 | +13% | 54.65% | +2.01 pp | $17.04B | +4.0% |
| Q3 2025 | 377 | 4.8% | 52.64% | +3.95 pp | $16.39B | +13% |
| Q2 2025 | 396 | +4.5% | 48.69% | +0.94 pp | $14.52B | +19% |
| Q1 2025 | 379 | 1.6% | 47.75% | +1.95 pp | $12.22B | 3.9% |
| Q4 2024 | 385 | 5.6% | 45.80% | 1.73 pp | $12.71B | 30% |
| Q3 2024 | 408 | — | 47.53% | — | $18.12B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CVE stock.
Based on Q2 2026 13F filings, institutional ownership of Cenovus Energy Inc. stands at 50.9%, held across 492 reporting institutions.
Capital World Investors is the largest reported institutional holder of CVE, with approximately 73,836,143 shares worth $1.83B as of Q2 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 35 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
74 institutions opened new positions in CVE during Q2 2026, while 41 fully exited. 129 added to existing positions and 276 trimmed.
CVE institutional ownership fell by 2.37 percentage points quarter-over-quarter, with a net change of +32 holders.
The top 10 institutions account for 45.1% of all reported 13F value in CVE, and the top 25 account for 69.0%.
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