CIBC Asset Management Inc has added 9,516,460 shares of $CVE to their portfolio, per a new SEC 13F filing. This disclosure reflects the funds' holdings for the 09-30-2025 report period. You can see the fund's full portfolio on Quiver Quantitative, and also track the largest institutional owners of $CVE.
CENOVUS ENERGY Hedge Fund Activity
We have seen 201 institutional investors add shares of CENOVUS ENERGY stock to their portfolio, and 181 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 25,512,871 shares (-60.2%) from their portfolio in Q2 2025, for an estimated $346,975,045
- CAPITAL INTERNATIONAL INVESTORS added 14,184,551 shares (+30.2%) to their portfolio in Q2 2025, for an estimated $192,909,893
- BANK OF MONTREAL /CAN/ removed 12,173,405 shares (-50.8%) from their portfolio in Q2 2025, for an estimated $165,558,308
- CANADA PENSION PLAN INVESTMENT BOARD added 11,849,355 shares (+322.7%) to their portfolio in Q2 2025, for an estimated $161,151,228
- ROYAL BANK OF CANADA added 10,188,502 shares (+39.0%) to their portfolio in Q2 2025, for an estimated $138,563,627
- CIBC ASSET MANAGEMENT INC added 9,516,460 shares (+494.2%) to their portfolio in Q3 2025, for an estimated $161,684,655
- GOLDMAN SACHS GROUP INC added 9,105,515 shares (+53.1%) to their portfolio in Q2 2025, for an estimated $123,835,004
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
CENOVUS ENERGY Analyst Ratings
Wall Street analysts have issued reports on $CVE in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- TD Securities issued a "Buy" rating on 09/30/2025
- RBC Capital issued a "Outperform" rating on 08/01/2025
- CIBC issued a "Outperformer" rating on 07/18/2025
To track analyst ratings and price targets for CENOVUS ENERGY, check out Quiver Quantitative's $CVE forecast page.
CENOVUS ENERGY Price Targets
Multiple analysts have issued price targets for $CVE recently. We have seen 4 analysts offer price targets for $CVE in the last 6 months, with a median target of $27.5.
Here are some recent targets:
- Menno Hulshof from TD Securities set a target price of $28.0 on 09/30/2025
- Manav Gupta from UBS set a target price of $27.0 on 08/25/2025
- Greg Pardy from RBC Capital set a target price of $26.0 on 08/01/2025
- Dennis Fong from CIBC set a target price of $30.0 on 07/18/2025
Note that there may be inaccuracies in these estimates due to filing errors by the funds, parsing errors by us, or other anomalies.
Check out Quiver Quantitative's $CVE ticker page for more data.