| 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.
| 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.
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