| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Capital World Investors | 6.1% | -30% | $1,886,683,250 | -$716,565,805 | 114,971,557 | -28% | Capital World Investors | 31 Dec 2025 |
| Capital Research Global Investors | 5.9% | $1,810,844,677 | 106,582,971 | Capital Research Global Investors | 30 Sep 2025 |
As of 31 Dec 2025, 424 institutional investors reported holding 982,523,655 shares of CENOVUS ENERGY INC. - Common Stock (CVE). This represents 52% of the company’s total 1,884,779,623 outstanding shares.
The largest institutional shareholders of CENOVUS ENERGY INC. - Common Stock (CVE) together control 39% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Capital Research Global Investors | 6.6% | 124,313,513 | +17% | 0.39% | $2,103,090,250 |
| Capital World Investors | 6% | 112,504,009 | -28% | 0.26% | $1,903,343,543 |
| VANGUARD GROUP INC | 3.4% | 63,525,477 | +13% | 0.02% | $1,074,660,494 |
| Capital International Investors | 2.7% | 50,979,140 | +3.9% | 0.14% | $862,504,664 |
| ROYAL BANK OF CANADA | 2.3% | 43,494,436 | +12% | 0.13% | $735,925,000 |
| FIL Ltd | 2% | 38,533,059 | +40% | 0.49% | $651,879,808 |
| FMR LLC | 1.8% | 33,748,919 | -2.4% | 0.03% | $570,948,520 |
| MACKENZIE FINANCIAL CORP | 1.5% | 28,793,011 | -6% | 0.58% | $489,884,004 |
| BANK OF MONTREAL /CAN/ | 1.3% | 23,827,472 | +29% | 0.16% | $403,107,496 |
| DIMENSIONAL FUND ADVISORS LP | 0.96% | 18,018,995 | +5% | 0.06% | $304,893,732 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 0.95% | 17,935,599 | +24% | 0.1% | $303,470,335 |
| TD Asset Management Inc | 0.9% | 16,995,459 | +3.6% | 0.23% | $287,896,814 |
| Smead Capital Management, Inc. | 0.89% | 16,763,978 | +2.3% | 5.9% | $283,634,484 |
| CIBC WORLD MARKET INC. | 0.88% | 16,573,368 | +52% | 0.5% | $280,421,387 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.83% | 15,612,441 | +29% | 0.22% | $264,676,099 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 0.82% | 15,414,179 | +441% | 0.44% | $260,796,745 |
| CIBC Asset Management Inc | 0.72% | 13,634,010 | +19% | 0.56% | $231,327,827 |
| Boston Partners | 0.71% | 13,415,262 | -40% | 0.24% | $227,843,681 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.7% | 13,274,142 | +11% | 0.01% | $226,306,708 |
| NATIONAL BANK OF CANADA /FI/ | 0.69% | 12,925,216 | +108% | 0.22% | $218,517,675 |
| BANK OF AMERICA CORP /DE/ | 0.57% | 10,778,127 | -31% | 0.01% | $182,365,915 |
| TORONTO DOMINION BANK | 0.57% | 10,723,476 | +24% | 0.32% | $181,419,213 |
| Federation des caisses Desjardins du Quebec | 0.53% | 10,074,616 | +0.13% | 0.65% | $170,324,551 |
| MORGAN STANLEY | 0.46% | 8,578,317 | +44% | 0.01% | $145,145,143 |
| Invesco Ltd. | 0.44% | 8,250,326 | -2% | 0.02% | $139,595,514 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 982,523,655 | $16,650,111,451 | +$550,132,918 | $16.92 | 424 |
| 2025 Q3 | 946,491,822 | $16,120,979,544 | +$1,047,514,946 | $16.99 | 378 |
| 2025 Q2 | 884,753,773 | $12,099,013,987 | -$132,999,609 | $13.60 | 400 |
| 2025 Q1 | 893,667,428 | $12,485,077,669 | +$482,118,237 | $13.91 | 390 |
| 2024 Q4 | 859,140,887 | $13,080,929,837 | -$43,783,656 | $15.15 | 394 |
| 2024 Q3 | 862,205,209 | $14,482,634,811 | -$989,149,973 | $16.73 | 417 |
| 2024 Q2 | 919,311,776 | $18,127,510,778 | -$710,508,036 | $19.66 | 408 |
| 2024 Q1 | 944,871,871 | $18,992,519,946 | -$106,141,509 | $19.99 | 395 |
| 2023 Q4 | 955,434,776 | $15,984,272,818 | -$266,483,038 | $16.65 | 396 |
| 2023 Q3 | 966,742,828 | $20,189,020,048 | +$537,167,220 | $20.82 | 379 |
| 2023 Q2 | 941,752,568 | $16,040,560,840 | -$465,563,649 | $16.98 | 361 |
| 2023 Q1 | 970,105,422 | $16,969,426,256 | +$94,270,217 | $17.46 | 363 |
| 2022 Q4 | 962,448,154 | $18,728,246,921 | +$293,080,458 | $19.41 | 369 |
| 2022 Q3 | 944,490,875 | $14,589,629,636 | -$477,136,789 | $15.37 | 353 |
| 2022 Q2 | 967,243,351 | $18,439,255,627 | +$932,523,751 | $19.01 | 355 |
| 2022 Q1 | 919,196,536 | $15,368,115,410 | +$49,701,981 | $16.68 | 319 |
| 2021 Q4 | 940,578,462 | $11,585,321,711 | -$42,208,092 | $12.28 | 283 |
| 2021 Q3 | 961,764,702 | $9,690,534,475 | -$109,960,445 | $10.06 | 246 |
| 2021 Q2 | 974,717,845 | $9,297,421,267 | -$310,352,361 | $9.58 | 248 |
| 2021 Q1 | 1,008,917,164 | $7,580,912,121 | +$886,937,096 | $7.52 | 225 |
| 2020 Q4 | 893,622,537 | $5,426,370,216 | +$81,019,564 | $6.04 | 211 |
| 2020 Q3 | 877,840,775 | $3,414,855,570 | -$99,485,407 | $3.89 | 203 |
| 2020 Q2 | 912,945,577 | $4,259,157,571 | -$40,798,198 | $4.67 | 225 |
| 2020 Q1 | 930,989,850 | $1,879,352,101 | -$551,825,465 | $2.02 | 222 |
| 2019 Q4 | 969,973,663 | $9,853,215,408 | +$153,555,458 | $10.15 | 245 |
| 2019 Q3 | 946,354,002 | $8,879,430,102 | -$29,352,507 | $9.38 | 244 |
| 2019 Q2 | 949,345,341 | $8,376,335,706 | +$32,427,180 | $8.82 | 233 |
| 2019 Q1 | 946,709,093 | $8,218,133,020 | -$71,006,020 | $8.68 | 245 |
| 2018 Q4 | 956,140,250 | $6,721,456,807 | +$120,079,702 | $7.03 | 232 |
| 2018 Q3 | 932,344,082 | $9,356,398,813 | +$105,483,212 | $10.03 | 237 |
| 2018 Q2 | 923,132,998 | $9,574,995,972 | +$82,085,931 | $10.38 | 267 |
| 2018 Q1 | 916,886,851 | $7,816,246,811 | +$55,892,686 | $8.53 | 255 |
| 2017 Q4 | 909,535,381 | $8,313,095,109 | +$136,567,908 | $9.13 | 273 |
| 2017 Q3 | 702,414,542 | $7,033,329,213 | +$319,327,641 | $10.02 | 256 |
| 2017 Q2 | 689,092,946 | $5,075,436,734 | -$85,152,534 | $7.37 | 240 |
| 2017 Q1 | 696,913,671 | $7,887,132,857 | +$1,575,139,789 | $11.30 | 258 |
| 2016 Q4 | 556,605,515 | $8,419,613,168 | -$71,019,387 | $15.13 | 247 |
| 2016 Q3 | 559,070,020 | $8,019,640,209 | -$52,874,105 | $14.36 | 247 |
| 2016 Q2 | 556,602,199 | $7,676,789,265 | +$222,111,091 | $13.82 | 253 |
| 2016 Q1 | 533,247,210 | $6,944,483,243 | -$104,716,534 | $13.01 | 243 |
| 2015 Q4 | 543,701,852 | $6,866,286,543 | +$30,608,735 | $12.62 | 262 |
| 2015 Q3 | 541,144,507 | $8,192,720,691 | +$204,270,689 | $15.16 | 256 |
| 2015 Q2 | 526,780,319 | $8,484,517,940 | -$11,741,229 | $16.01 | 273 |
| 2015 Q1 | 503,611,654 | $8,496,394,460 | +$897,292,856 | $16.88 | 288 |
| 2014 Q4 | 477,675,751 | $9,896,599,193 | +$121,412,524 | $20.62 | 308 |
| 2014 Q3 | 467,979,052 | $12,604,382,853 | -$19,841,849 | $26.88 | 327 |
| 2014 Q2 | 469,496,155 | $15,223,098,576 | -$41,152,848 | $32.37 | 333 |
| 2014 Q1 | 452,104,490 | $13,129,655,014 | +$82,739,752 | $28.96 | 318 |