GQG Partners LLC acquired 16,592,495 shares of Cenovus Energy. The investment carries a value of approximately $411.55 million. This position represents a 0.90% ownership stake. The firm revealed the purchase in its latest SEC disclosure.
Bank of Nova Scotia initiated a separate position in the energy firm. The bank purchased 6,318,404 shares for approximately $156.76 million. This acquisition accounts for 0.34% of Cenovus.
Total institutional ownership in the oil and gas company currently stands at 51.19%.